Sponsor for syndication

[Marquis Cobb]

Hello All, 

I recently just finished my paid mentorship for apartment syndication and ready to take down my first deal. If you know anything about commercial multifamily you know it takes a lot of upfront capital and when you are starting fresh banks require you to have someone on your team who has experience and the right net worth depending on the property. This is where I am struggling. I have been building relationships in my target market and underwriting deals. I have a deal that meets my criteria and will have good returns for investors but I cannot find a sponsor to partner with. I have reached out to many people that are also apart of my mentorship program but I never get responses. Anyone have any tips to show sponsors I'm for real or know anyone who would be interested in sponsoring a deal? 

Thank you in advance 

[Arn Cenedella]

@Marquis Cobb

Late to the question here.

I assume you either closed on the 60 units or had to let it go by now.

I’m located in Greenville SC and that’s my preferred market but will consider other locations in South Carolina.

I’m currently a GP on over 1100 units $140AUM most in South Carolina but some in Georgia and North Carolina.

If you find something in the future and need a sponsor, please let me know.

Thank you,

Arn