How to Sell Syndication Shares at a Discount?

[Andres Rodriguez]

Hey Folks,

Does anyone know the process of selling syndication shares? I realize it can get complicated so I was wondering if anyone has successfully accomplished that task.

Thanks!

-Andy R

[Brett Deas]

Most times the docs will say that GP's or sponsors get the first right of refusal for any share selling. Then often times it goes out to the other LP's before you can try and sell your ownership to an outside party. This is the way I do my deals and how I see most other people do it as well, so I would check your deal documents first.