The General Partners are the individuals who are putting the multifamily syndication opportunity together. They then manage the asset, execute on the business plan and then offer that investment opportunity to passive investors. They are interchangeably referred to as the syndicator, the sponsor, or the operator. Limited Partners or passive investors have no active investor duties in multifamily syndication. The distributions that an LP earns either monthly or quarterly, or any return for that matter are truly passive in nature. The GP or sponsor group is simply providing an opportunity to investors to invest alongside them, into a stable and appreciating asset with no active real estate investing role whatsoever.