Specialist · Austin, TX · Member since 2014 · 76 posts · 9 votes
Hi Guys,
My question is about ownership and the transferability of ownership interests with limited partners (investors) in a multifamily property deal. How do you guys address the sale or transfer of partnership interests in your operating agreements? How can interests be sold? and if so at what value?
The truth is that my investors have an investment time horizon that is much shorter than mine due to their age and are therefore seeking a maturity or a means to exit the investment vehicle.
How do you guys address the sale, or transfer of LP interests, assuming that you pay off their principal investment through a refinance in years 4-6.
Investor · Daphne, AL · Member since 2014 · 1k+ posts · 242 votes
10y
Assuming you and your partners can reach an agreement on their exit strategy, your attorney can draft an appropriate operating agreement for your entity. Good luck.
Boca Raton, FL · Member since 2014 · 5 posts · 0 votes
10y
Real estate partnerships are like marriages. While the couple is walking down the aisle, they are deeply in love. But over time, diversion of interests can occur and the marriage can turn sour, leaving one or both individuals wishing to end the marriage. Real estate partnerships are not immune from diversions of interests between investors.
QuickLiquidity acquires minority interest positions in commercial real estate partnerships on the secondary market, providing immediate liquidity to limited partners.