SYNDICATION INVESTMENT STRUCTURE
Pride Investment Group LLC, is strictly SEC compliant in structuring our deals. Each property we acquire, we establish an LLC’s in the states that correspond to the respective property, which is taxed as a partnership.
The investors who contribute cash to the deal are limited liability partners of the manager managed LLC that holds the property. Combined with strong operating agreements, this structure protects our investors from the liability of the operation and each other.
As the Group Sponsor we establish a second LLC to act as the managing member of the holding LLC and therefore absorb the liability of the operation. When required, for better financing possible and therefore the highest returns for our investors we partner with an HNW individual to secure the mortgage. To qualify for this position in today’s lending market an investor needs a net worth equal to the price of the property and liquid of a year of payments, this will ensure the highest LTV and competitive interest rates. In exchange for signing on the loan we may share a portion of the cash flow, appreciation and principal pay-down through the life of the project.