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The Best Ever CRE Show

JF2864: The 4 Components of Structuring Funds ft. Joel Block

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7995 Ratings

🗓️ 6 July 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

Joel Block is the CEO and chief deal maker at Bullseye Capital, which focuses on distressed residential multifamily projects. He has been in the syndication and fund businesses since 1987, and he also assists attorneys in complex litigation cases involving real estate, securities, and alternate investments. In this episode, Joel dives into the four categories of structuring funds that he helps his clients with: control, how LPs get paid, how GPs get paid, and a fourth miscellaneous category that includes elements such as marketing. Joel Block | Real Estate Background CEO and chief deal maker at Bullseye Capital, which focuses on distressed residential and multifamily projects. Portfolio: Their fund owned close to 50 assets, but they have liquidated most of them as they look to wind down this fund. Based in: Los Angeles, CA Say hi to him at: syndicatefast.com Facebook Instagram LinkedIn Twitter Wikipedia YouTube Greatest lesson: One of the great mistakes that syndicators make (especially newer ones) is that they make their deals unfriendly to investors. Some terms are easy to structure in a way that encourages investors to say "yes" to the investment. These are critical to get right to maximize capital raising. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors:  Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:05.0

Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or

1:15.4

consider any investment or course of action.

1:18.6

For more information go to Best Ever Show.com.

1:21.9

The better seller you are, the lower the preferred can be.

1:25.7

Because you don't have to lean on the preferred as much

1:27.9

to get somebody to say yes.

1:29.8

But also remember that the lower the preferred, the more likely it is that somebody can get a lower risk investment somewhere else.

1:38.0

Welcome to the best ever show, the world's longest running daily commercial real estate podcast.

1:44.0

Our hosts interview commercial real estate experts every day to get you the best advice ever with none of the fluffy stuff.

1:51.0

Best ever listeners, how you doing?

1:52.0

Welcome to the best real Estate Investing Ever show.

1:55.0

I'm Joe Fairless.

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