Any advice on adding Key Principal to syndication deal?

[Kevin Quisumbing]

My business partners are I are looking to syndicate an apartment deal in the Greater Atlanta Area. Collectively, we have a lot of the key components for making a deal come together. This includes attorneys, CPAs, general contactors, brokers. We are very proficient at underwriting deals and have a solid deal flow coming in. In addition, we have the resources to raise capital and a strong network with influential locals. 

Our main need is to find an experienced KP that is willing to oversee the operations and provide us the credibility for a successful deal.

Do you have some advice on how we can make this happen/know any experienced syndicators that would be interested in guiding this deal?

[Bryan Hancock]

I think the main advice I'd give you is that the person you're seeking will have the track record you need and thus you should be willing to give away more of the project than you'd like to build out your track record.  Someone with expertise to execute has paid their share of dumb tax messing things up and learning as they've gone.  Apprenticing with them is a good way for you to set yourself up for future deals and being successful executing them on your own.  

These folks should be pretty easy to locate, but once you do if there is not enough meat on the bone for everyone you're unlikely to be successful attracting them.  Someone with less experience and a smaller track record will be more willing to use their name on your project and to assist, but they're probably not who you want as a business partner.   

Think long-term greedy.