Syndications that hold forever

[Mahinda Horapakse]

Every syndication I come across plans a sale of the property after 5-10 years. Are there any that specialize in an indefinite hold period? 

[Bryan Mitchell]

@Mahinda Horapakse I’ve also seen this standard time period. It’s really how they are structured. If it didn’t follow this, you may consider it a like any other partnership. I’ve always thought a preferred return of 8% wasn’t all that great. However, selling the property and getting a healthy split of the net proceeds from a sale as an equity owner made things far more appealing. You’ve asked a great question.