About this episode
More syndications are going sideways. Capital calls have become common. Tensions are rising between operators and investors…but not for all deals. If you had talked to today’s guest before forming your real estate syndication, there’s a good chance you’d already have a battle plan for every potential challenge. Thankfully, today, CRE’s go-to legal advisor is sharing his take for free.Richard Crouch has worked on eight figure commercial real estate deals for over two decades, helping advise on disputes, defaults, and structuring. He’s the one who sets up your failsafes before a deal goes sideways and advises you on the right way to resolve it once the damage has been done.Today, we’re getting into the nitty-gritty that not only sponsors but also passive investors need to know. We’ll talk about the “gotcha” clauses lenders can use to extract fees from you or worse…take your entire property, the right way to handle a capital call so your exit strategy doesn’t fall apart, and what to do in the unfortunate event that a guarantor passes away mid-deal. Insights from today’s episode:Your lender is not your friend: the “gotchas” put in place that you must navigate around How to handle capital calls so your investors don’t feel neglected and unsettled One thing you need to include in every single operating agreement you sign A crucial event that can “trigger” if a guarantor passes away during a deal cycle Opportunity for buyers: Is now the time to invest in distressed debt amid inexperienced syndicators' struggles—Connect with Richard on LinkedInRichard’s Email: richard.crouch@woodsrogers.com Richard’s Phone Number: 757-353-0969Recommended Resources:Accredited Investors, you’re invited to Join the Cashflow Investor Club t