Syndication Articles
SEC Updates & Multi-Family Syndication Trends
In our December 2020 free educational webinar, attorney Kim Lisa Taylor provided details of recent SEC actions and proposals that have positive implications for capital raisers. Unfortunately, we encountered technical difficulties with the recording of the webinar....
SEC Proposes Harmonization Amendments to Exempt Offerings
While everyone else has been hunkered down over the past few months, the SEC staff has been busy proposing and adopting new regulations, some of which may have a significant positive impact on raising private money. Among them are Harmonization Amendments to Exempt...
‘Asset Protection in Your Syndicate: How it Works & Why it Matters’ with Clint Coons
TRANSCRIPT ONLY
Debt vs. Equity Offerings
Finding it difficult or confusing to understand the difference between debt and equity financing? Simply stated, debt securities are loans that pay out interest over time, while equity securities confer ownership in a company (think about this in terms of the equity...
When Can I Talk Deal Points With Investors?
It depends whether you are doing a Rule 506(b) Offering, and if so, you must establish a pre-existing, substantive relationship before discussing specific deal points (which constitutes making an offer) with them. I suggest you read the article in our Website Library...
Can I Offer Different Terms to Different Investors?
Can I Offer Different Terms to Different Investors? The two primary reasons to do this are to reward specific investors for investing more than others or investing early.There are two ways you can do this:SUBCLASSES - You can create one or more Class A subclasses...
Fund Creation and Fund Structures, with Ruben Greth
‘Real Estate Deal Structures That Stand the Test of Time,’ with Samuel Freshman
Click here for a link to the book “Principles of Real Estate Syndication” by Samuel Freshman on Amazon.
Court Ruling Spotlights ‘Cryptocurrency as Securities’ Question
A 2020 court ruling is providing more clarity to the question of when digital assets are subject to securities laws and serves as notice to issuers and investors alike of increased enforcement efforts by the SEC in cryptocurrency cases. U.S. District Judge Alvin...
How to Resell Interests in a Securities Offering
When Do I Need to Worry About Doing a Securities Offering if I am Borrowing Money from Private Investors?
When Do I Need to Worry About Doing a Securities Offering if I am Borrowing Money from Private Investors? If you are just doing a one-off loan, you don't need to be overly concerned about Rule 506(b) — especially if your investor is accredited. With a single investor,...
When Does Selling Interests in an LLC Constitute the Sale of Securities?
When Does Selling Interests in an LLC Constitute the Sale of Securities? We see many people try to avoid securities laws by saying they are doing “joint ventures” when, in reality, they are selling securities. Selling interests in a Manager-managed LLC with members...