VIDEO: Too Many GPs? The Hidden Risks in Real Estate Syndications
Too Many GPs? The Hidden Risks in Real Estate Syndications
Are you structuring your syndication with 20 or 30 general partners to expand your fundraising network? Jon Nieh, partner at Trowbridge Nieh LLP, explains why this common strategy could expose you to serious SEC violations.
In this video, you’ll learn:
-Why having too many GPs creates decision-making paralysis
-The issuer exemption and who can legally raise capital
-How limiting authority to just 2-3 GPs while having 20+ GPs on paper creates unlicensed broker-dealer risks
-Red flags investors should watch for in syndication documents
-The proper way to structure GP roles to stay compliant
Whether you’re a syndicator planning your next deal or an investor evaluating opportunities, understanding these compliance issues is critical to avoiding regulatory problems.
⚠️ Important Disclaimer: This content is for educational purposes only and does not constitute legal advice. Every deal is unique and requires proper legal counsel.
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About Trowbridge Nieh LLP
We specialize in real estate syndication law, securities compliance, and estate planning. Our flat-rate fee structure provides transparency and predictability for clients nationwide.
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