Asset Managers- how to compensate
I’ve heard very different ways of compensating to Asset Manager in multifamily syndications(assuming you’re bringing someone on to your team). Some give up 25-35% of the GP, some give a on-going % of revenue such as 2-3%. To any asset managers which structure is more standard ? And to operators who have add these team members in the past which structure not only works out for the long run but keeps the asset manager around for the next deal?