Looking to Co-GP and bring underwriting & transition experience to the table

Looking to Co-GP and bring underwriting & transition experience to the table

Specialist · Redmond, WA · Member since 2026 · 19 posts · 4 votes

I’m looking to connect with active multifamily sponsors who may have room for a hands-on co-GP on the right deal.

My background is in multifamily operations, brokerage, underwriting, and asset-level financial analysis. I’m most interested in smaller and midsize apartment deals where I can contribute beyond just capital raising, including deal sourcing, underwriting, diligence, business-plan review, financial reporting, and ongoing ownership-level oversight.

I’m not looking to jump into a title-only GP role or raise money for someone else’s deal. I’d rather partner with an experienced sponsor where responsibilities are clearly divided and I can earn into the GP through actual work and execution.

My strongest markets are Washington and the Pacific Northwest, but I’m open to deals elsewhere if the operator and structure make sense.

If you’re actively acquiring multifamily and could use someone on the sponsor side who understands operations and underwriting, I’d be interested in comparing buy boxes and seeing whether there’s a fit.

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Vaibhav PuranikPro Member
Member since 2025 · 86 posts · 48 votes
1w

Hi Mel, I am interested in talking with you. A zoom would be great. I will DM you.

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  • Vaibhav PuranikPro Member
    Member since 2025 · 86 posts · 48 votes
    1w

    Hi Mel, I am interested in talking with you. A zoom would be great. I will DM you.

  • Stuart UdisPro Member
    Attorney · Philadelphia · Member since 2018 · 2k+ posts · 3k+ votes
    5d

    Why is the co-gp title so important? Why can't you merely be an employee offering your skill set?

    • Don KonipolBusiness Member
      Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
      5d

      People seem to think that CO - GP is another “step” towards becoming a syndicator. Employee - Co GP - GP (Syndicator) . I don’t know, perhaps it’s right, or maybe it’s only a title.

      Also, the reasoning seems to be that if you have the TITLE of CO GP, you can use the syndication on your “resume” and assume the status of “experienced syndicator” as well as use the results on your track record. Which is another reason for potential LPs to be extra diligent in performing a due diligence analysis of the experience level of any syndicator and not take anything at face value.

      Quite frankly, although I am a syndicator (I’ve done over 150 syndications approaching $400 million in cash raised) as well as a fund manager, I always recommend that investors be extra, extra cautious. If an investor isn’t willing to do a DEEP DIVE into the syndicator, the property, the management, the operations, etc and wants to invest passively, REITs offer a far less risky route.

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    • Stuart UdisPro Member
      Attorney · Philadelphia · Member since 2018 · 2k+ posts · 3k+ votes
      5d

      That’s exactly the point I was getting at. The title is wrongly used more times than not. Climbing the ladder as an employee to the point where you’re in an upper managerial role is sufficient and credible to begin raising capital but someone with far less expertise and experience can become a co-GP and use that title to demonstrate experience that doesn’t exist. It’s the exact system taught in the education syndication space.

    • Specialist · Redmond, WA · Member since 2026 · 19 posts · 4 votes
      5d

      It's just a title I used to give a sense of what the goal was. I currently work as an employee on the institutional side as well as independent consultant. I'm no stranger to what the process looks and feels like but I think it's a different story wanting to be involved with a smaller operation.

      Choosing the words that will ilicit the right response from an open crowd like BP is more of choosing the crowd you wish to attract. My goal is to talk with smaller operators to understand more of the "bootstrap" approach.

      The end goal here is to understand every piece of the puzzle whole heartedly. I do agree that there are people getting into it without any supervisory experience and it's risky.

      I don't want to continue to work for someone else because I believe in the work I have done and can do.

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    5d

    This sounds more like an employer employee relationship than a co-gp type of deal. I do not know any GP who does not already have what you bring to the table.

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  • Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes
    16h

    @Mel White based on my 20 second google search, it looks like you have the operations knowledge and background, which is where most syndicators come up very short. The problem you will likely face is: syndication, especially smaller/start-up type syndications are almost entirely a capital raising/marketing game. And many of the people that are good at that also tend to downplay how nuanced operations really is.

    Additionally, many will say they care until it comes into splitting their money with you. They will hire the PM that offers the lowest fee, assuming the PM will do what they say they will, or care at all (they won't) and then wonder why property is losing money when the underwriting said they should be paying investors 8% per year day one.

    Unfortunately, this isn't a you problem, but if you are looking to get into ownership, I would be focusing on finding capital raisers first. Honestly, if you know how to underwrite and operate a deal, you don't need to be "co-GP". You need to be the GP and backfill your bench with the guys from the many, many masterminds that tell people the "easiest way to get into ownership is through capital raising". They will likely want 40% of the ownership, but it gives you controlling interest. And from there, you may need a KP to co-sign a loan, assuming you are buying a deal worth millions and don't have a multi-million net worth and hundreds of thousands in liquid assets to qualify.

    • Specialist · Redmond, WA · Member since 2026 · 19 posts · 4 votes
      15h

      @Evan Polaski I really appreciate your input here. I think that's a valuable take. Capital raising is a skill set I'm still honing, for sure. I'll pivot my search. Thank you!

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