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Updated almost 6 years ago on . Most recent reply

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Chamara Edirisinghe
  • Investor
  • Atlanta, GA
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Multifamily syndication attorney

Chamara Edirisinghe
  • Investor
  • Atlanta, GA
Posted

Can you please recommend me a good multifamily syndication attorney based in Atlanta 

1. Can the same attorney do the closing too? or different attorney?

2. What are the average fees for the multifamily transaction? 

3.  Can you charge the attorney fee upfront from investors?  

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

@Chamara Edirisinghe the SEC attorney does not need to be local but your closing attorney will be. They will be separate individual/firms as they are different areas of practice.

Fees vary depending on the deal but usually $10-$20k

The fees are paid for in advance by the sponsor and get reimbursed from the equity funds.

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