Update Letter to Investors (Samples / Advice Requested)

[Brandt Hollander]

I am preparing to send the first of what I intend to be a series of quarterly updates to the limited partners of a small syndicate of which I am a general partner.  I am looking for advice on structure of the update and pertinent information to include.  The partnership owns a single multifamily asset which is being held for cashflow with an intent to redevelop in the next cycle.  Bonus points for anyone willing to share a template / sample letter that they have sent or received in the past.  Thanks in advance.