Private real estate
Private real estate: where the fees go, and who gets paid first
Private real estate reaches investors through syndications, private funds and non-traded REITs. The pages here follow the money: who takes which fee, who is paid first, and what investors can do when the plan fails.
What readers ask
- What is real estate syndication?
- Are real estate syndications worth it?
- What are the pros and cons of real estate syndication?
- Are private REITs a good investment?
- What does core plus mean in real estate?
- What is value-add real estate?
In preparation
Data and tools in preparation
- DataThe liquidity tracker
Analysis
Real estate syndication: who takes which fee, and what happens when the deal goes wrongdraft
Sponsors take 1% to 2% to buy a property, a yearly fee and 1% to 2% to sell it, a law firm estimates, then a share of profit above a preferred return.
28 September 2026 ยท 9 min