Each property will be owned by a newly created, single-purpose LLC. Shares of the entity will then be sold to each investor in accordance with his or her investment amount. Per SEC guidelines, we will send each prospective, qualified investor a PPM (Private Placement Memorandum) and Subscription Agreement prior to his or her investment. These documents will be prepared by our licensed attorney.
Most of our  syndicated deals are structured as 506(b) under SEC Regulation D. You can read the fact sheet on the SEC rule here.