Private Placement Memorandums

Explain the investment risks to your investors in plain English. After a 90 minute interview, our experienced team will draft your professional-grade Private Placement Memorandum, Subscription Agreement, and Operating Agreements, all of which comprise your offering package.

Who Needs a PPM?

A Private Placement Memorandum (PPM) serves as the disclosure document required by the Securities and Exchange Commission (SEC), under federal securities laws, when including non-accredited investors, although it is recommended for all Regulation D Offerings with more than just a few investors even if all of them are accredited investors.

When selling securities, you have an obligation to give investors all of the material facts they need to make informed consent. The PPM provides important information relative to an investor’s understanding of the securities being offered, the purpose of the Company, and the qualifications of the people involved in management. A well-drafted PPM can serve to shift the risk of loss from management to the investors.

Potential investors will look for relevant information in the PPM such as:

  • Risks of the investment
  • Structure of the company
  • Who is on the management team and their prior experience (or lack thereof)
  • Any conflicts of interest
  • Projected Distributions to Investors
  • Management fees, and carried interest (management profit share)
  • A summary of how the Company will be operated, among other things

Business Owners, Real Estate Entrepreneurs, And Fund Managers Trust Syndication Attorneys To Help Them Get Their Deals Funded

Syndication Attorneys, PLLC
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Paul BeatonPaul Beaton
19:04 12 Jul 24
Mola was very knowledgeable.
Martin TurnerMartin Turner
18:58 13 May 24
Excellent Service. I really enjoy talking with Krisha. She's super encouraging and very inciteful. Mola and Kim are knowledgeable and personable as well. This will be a benefit to my business
Phil GeorgesPhil Georges
19:03 08 May 24
Kim L. Taylor is great & easy to work with
Jim GuarinoJim Guarino
16:33 27 Feb 24
Kim and her team are wonderful. They know their business and they take excellent care of clients!
Barry HartmanBarry Hartman
20:56 13 Feb 24
Krisha Young was very informative and direct. She provided all the information I needed to make an educated decision
Jeff FlynnJeff Flynn
11:32 09 Feb 24
Excellent insights into syndication, no one should go into these complicated waters without the expert guidance that Syndication Attorneys, PLLC can give. This is a must in every real estate syndication transaction.
Andrew NieldAndrew Nield
21:59 24 Jan 24
Krisha had a lot of knowledge and really answered a lot of questions to get me pointed in the right direction.
Brandon HepplerBrandon Heppler
20:38 22 Jan 24
Krisha was so helpful and answered all our questions on the intro call. She got us pointed in the right direction and made it easy!
Susy GascaSusy Gasca
01:20 10 Jan 24
We had a 30-minute discovery call, and it was so insightful! We enjoyed all the attention to detail and thorough information we received. Syndication Attorneys is amazing!
Luis M. PortugalLuis M. Portugal
00:28 04 Jan 24
It has been a very pleasant experience working with the Syndication Lawyers, who are very easy to access, respond quickly and have a lot of experience in the Syndication field !!! They are professional lawyers who know what they do, I would definitely work with them again on future projects.
Martin LewisMartin Lewis
21:21 19 Dec 23
Love speaking with Krisha. She explained everything well and got me to see the value right away and answered all my questions
Kev TKev T
18:46 01 Dec 23
Kim is the best! So much knowledge in this area
Kanwaljit DhunnaKanwaljit Dhunna
18:54 26 Oct 23
Rich PorterRich Porter
10:48 26 Oct 23
Krisha presented the tools and education professionally and generously. The quote from her that turned into a mission type statement for me to remember Syn-Attorneys by is "We help create a strong deal that investors really want to get in." That's my type of Attorney. I look forward to working with that type of space. Thank you.
Messiah Alive NetworkMessiah Alive Network
20:16 17 Oct 23
Great answers to my questions, looking forward to working with you very soon.
Jerry IpsenJerry Ipsen
19:51 05 Sep 23
Today, I had the opportunity to speak with Kim Taylor who very pleasantly answered all my questions regarding the due diligence process. I would recommend Ms. Taylor with her vast knowledge to anyone who is interested in setting up a real estate syndicate.
Tyler MoynihanTyler Moynihan
22:36 23 Aug 23
Kim is a treasure of knowledge regarding real estate syndication law and regulations. She is also very patient in explaining complex topics. We had a great experience with Kim and I recommend her to others
Duke DennisDuke Dennis
15:24 22 Aug 23
Syndication Attorneys made the process a breeze. I was put in contact with a specialist within an hour and had a free consultation.
Janna ArmstrongJanna Armstrong
01:56 18 Aug 23
I have known Kim Lisa Taylor for a couple of years but haven't really spoken to her until now. She provided really good guidance in what I should do and who to contact for my CRE investment needs. She was informative and helpful.
John JarrellJohn Jarrell
16:45 16 Aug 23
Saint AnthonySaint Anthony
02:06 10 Aug 23
Very informative
Debra LavezzariDebra Lavezzari
14:00 28 Jul 23
Kim, Is very curteous, Knowledgeable, provides honest, factual and direct answers. She does not judge.
David PupoDavid Pupo
19:51 25 Jul 23
Was such a great experience speaking with Kim and Krisha on an upcoming project we’re looking to purchase. They were very helpful and knowledgeable . I see why others have recommended working with them!
Jonathan PearsonJonathan Pearson
16:30 20 Jul 23
Syndication Attorneys is a very focused group with distinct personal caring for the client and potential clients.
chris cashmanchris cashman
22:05 17 Jul 23
Syndication Attorneys has been a fabulous teammate and partner to my real estate business over the past 7 years I have been working with them. they are extremely up to date regarding all things I have needed in my business from structuring new LLC's, TIC's, DST's, and all my syndication's and the complexities that go along with each deal structure, as they all differ to some degree. They are easy to work with and quick to turn around my docs as I'm usually in a rush. I enjoy working with them and learning from them as I grow my business. I would highly recommend them.
David BorreroDavid Borrero
19:34 22 May 23
Mola was extremely knowledgeable. She and her team at Syndication Attorneys will prove to be an asset to any syndication project. Her understanding of the legal requirements and practical advice make her help extremely valuable. Highly recommend.
I thought your book was terrific, and my only criticism regards how I could not find any discussion regarding the new JOBS Act broker-dealer exemption found in Section 4(c)(1) of the Securities Act.You write: "In a Regulation D, Rule 506 securities offering, an issuer may sell his or her own securities in any state without: a) registering the securities offering, or b) being registered with the SEC or any state as a broker-dealer. Anyone else who is compensated for selling securities on behalf of the issuer is not exempt from registration."I would have like to have seen more discussion of Rule 3a4-1 under the Exchange Act addressing the issuer exemption, and then, a "c)" in connection with the above-quoted passage that discusses the JOBS Act exemption I referred to above.Other than these minor quibbles, I really admire this work as I think that it does a good job of giving basic information to people about the syndication process. As a syndication attorney myself, I admire anyone who can do that in a way that clients can understand.
Janatha WithanachchiJanatha Withanachchi
12:10 11 Apr 23
Kim is the absolute authority when it comes to syndications. If you are raising capital for real estate then you MUST join her FB group to learn the legalities. She is knowledgeable, smart and is willing to help. Highly recommend this consummate professional.
03:35 25 Feb 23
Excellent help in getting started with a project I am looking at starting and growing over the next several years. Highly recommend having a conversation with them as a way to maximize your business efficiencies.
bobby sharmabobby sharma
18:13 08 Feb 23
Kim Lisa Taylor, Michael Fugler and the whole team at Syndication Attorney's has been a pleasure to work with. Not only did they help me with my PPM but also getting a lot of value from the master mind group that Kim organizes for her clients.
Apex Rental 1 LLCApex Rental 1 LLC
18:11 08 Feb 23
I have been joining the mastermind for couple months now. I think it is a great way to connect. Kim is great!
Hugo UrbinaHugo Urbina
16:33 06 Feb 23
I reached out to syndication attorneys and they were super helpful right from the start. We had a courtesy call to discuss my particular need for a syndication structure and Mola Bosland was super patient and helpful to help me understand the best option for my offering.
Hans RommerswinkelHans Rommerswinkel
20:49 31 Jan 23
My business partner Burt and I had a free consultation call with Kim Lisa Taylor, Esq. today. It was an extremely valuable call. We learned a great deal about things we should be doing immediately and what things we could wait on for a short time. Kim's knowledge is tremendous and she has a gift for simplifying concepts to help you easily understand them. We have decided to move forward with a pre-syndication retainer package to get even more value from Kim and her team. Kim is an incredible asset to anyone looking to create syndications the right way.
21:11 14 Dec 22
Fantastic experience. I spoke with attorney Mola for a 30-minute discovery call because I am interviewing SEC attorneys to assist with our Multifamily investments.I did not have great experiences prior to finding Mola and her firm. One attorney required I reserve time on her website and pay a $550 fee to have this initial discussion. Another attorney offered a free initial “consultation,” but it was limited to 15 minutes, and it was more of a sales call than a consultation - an unfortunate waste of my time.Mola is an attorney and gave me helpful information and explanations easily worth thousands of dollars in attorney advice and counsel. I am an attorney in another field of law and would readily recommend Mola Bosland and the Syndication Attorneys team.
Todd SchowengerdtTodd Schowengerdt
18:32 02 Dec 22
Kim always provides great value and insight every time we connect. I highly recommend her and her team.
Julie BergeronJulie Bergeron
15:02 14 Oct 22
I spoke with Mola about a development project we are working on and she was able to answer all of the questions I had AND provide me with additional information I did not know I needed. I work with a lot of investors who work with this company, and they all highly recommend Kim and her team.

Here’s How We Can Help You

Our experienced team will draft your professional-grade Private Placement Memorandum, Subscription Agreement, and Operating Agreements, all of which comprise your offering package.

Frequently Asked Questions

What is a Private Placement Memorandum?

A PPM is a 20-60 page document, depending on the complexity of your offering. Its primary purpose is to disclose the risks of the investment, so that all prospective investors are fully informed.

Is a private placement memorandum required?

A PPM is required when non-accredited investors are included in the offering under Regulation D Rule 506(b). If all investors are accredited investors, then a PPM is not required, but management is still obligated to provide all material facts to prospective investors. It can be more difficult to do this without a PPM.

How much does a Private Placement Memorandum cost?

A complete Regulation D offering package that includes a PPM typically ranges in price from $15,000 to $30,000 depending on how much money is being raised and the purpose of the offering. Lower prices are available for offerings with only accredited investors.

How do I create a Private Placement Memorandum?

An experienced corporate securities attorney should be hired to create a PPM. They can give the best advice on corporate structure such as what entities to use, where they should be formed, and whether they should be member-managed or manager-managed. Additionally, they can help you determine the best tax structure for you and your investors, and make sure that you disclose all the required risk factors. They can also help you do the required filings with the SEC and state securities agencies without missing important deadlines.

Who prepares a PPM?

It is best to hire a securities attorney who prepares Private Placement Memorandums on a regular basis; the more the better. Many attorneys only do securities offerings as a small part of their practice, perhaps only doing 2 or 3 a year. An attorney who has prepared 100s of securities offerings should be up to speed on best practices and current deal structuring trends. 

Why do you need a PPM?

Without a PPM, it would be impossible to prove that you provided the investors with all material facts and risk factors associated with your offering. Later on if things go wrong, investors could argue that they wouldn’t have invested if they knew things could go wrong and that you didn’t fully inform them. You could be accused of fraud, and omitting material facts about yourself or the investment. You could be forced to give everybody’s money back (rescission) even years later after the investment was made. With a PPM, there is no question that you provided all the material facts, and risk factors associated with the offering. Your investors will sign a subscription agreement stating that they read the PPM and made their investing decision with a full understanding of the risks. Having a PPM shifts the risk of loss from you to the investors as long as one of the things you warned them about happens. 

Schedule a call now to talk about options for doing your Private Placement Memorandum.