Jan 30, 2017
I agree with Mark and had the same experience.
My decision to withdraw from the same deal was further influenced by the sponsor being declined by another platform because the sponsor called themselves a reit, which they weren't; then a trust (still called a trust) and they are not a trust. Seems like a basic business knowledge issue to me.
Sponsor may be OK and just needs some experience. My review of the fund track record makes me think it will be hard for them to reach their advertised target returns..