81. What Syndicators Should Know From a Syndication Attorney with Gene Trowbridge

Westside Investors Network

ABOUT GENE TROWBRIDGE

As a Founding Partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. Gene has represented over 625 clients in this area of practice. The median offering size is $3,000,000 but he has done individual offerings of over $6 Billion. His practice writes offerings under Rule 506b and 506(c) of Regulation D.

As a former Syndicator, who for ten years raised investor capital through the broker-dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state and federal securities laws. As a long-time CCIM and CCIM Senior Instructor, Gene has won numerous awards for his teaching ability. His book “It’s a Whole New Business!” is really a “how-to manual” on real estate syndication.

THIS TOPIC IN A NUTSHELL:

Gene's career background

Getting into law school

Learning about Syndication laws and how they evolved

Deals they've done

What to do if the Sponsor/Manager dies?

Syndication defined

Difference between 506B vs 506C regulation

Joint venture vs Syndication

Requirements to change Joint venture into security

General requirements that syndicators should deliver to passive investors

Lenders’ role in the Syndication

Are we required to give the investors an executed operating agreement?

What is required for Syndicators?

Documents that we need to send to investors

What is a springing member?

PPM that will not qualify for the 1031 exchange

Tenant in common

Raising capital and audit of General Partners

Fund-to-fund model for raising capital

What is a Blind pool Investment?

Limited partnership and General partnership

Best practices for Fundraising

Advice to his 25-year-old self

His First Entrepreneurial endeavor

Formal and Informal training that shaped his journey

His biggest mistake and what he learned from it

Connect with Gene

KEY QUOTE:

“The Manager is not supposed to commit fraud. Intentional fraud is a misrepresentation. Telling investors that everything is ok when it's not, that's really the requirement for Syndicators. “

SUMMARY OF BUSINESS:

Trowbridge Law Group - We are a team of experienced attorneys and dedicated support staff focused on ensuring our clients’ compliance with SEC and States securities laws.

We are committed to enabling our clients to raise funds for their investment opportunities and syndications with confidence. We take pride that our documents are custom crafted for our client’s needs, ensuring the highest level of quality and compliance. Collectively, we are one of the most experienced syndications law team in the country.

ABOUT THE WESTSIDE INVESTORS NETWORK

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.

The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.

#realestateinvesting #passiveincome #REinvesting #cashflow #SyndicationAttorneys #Sponsors #Operators #Syndicators #SecurityLaws #GeneralPartners #LimitedPartners #OperatingAgreement#LLC #506B #PrivatePlacementMemorandum #PPM #SubscriptionAgreement #FundRaising #RaisingCapital #506C #SpringingMember #TenantInCommon #BlindPoolInvestments #JointVenture #Syndication #newepisode #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork

CONNECT WITH GENE TROWBRIDGE:

Phone: [phone]

Website: https://trowbridgelawgroup.com/

LinkedIn: https://www.linkedin.com/company/trowbridge-law-group-llp/

Facebook: https://www.facebook.com/trowbridgelawgroup

YouTube: https://www.youtube.com/trowbridgelaw

Instagram: https://www.instagram.com/trowbridgelawgroup/

CONNECT WITH US

For more information about investing with AJ and Chris:

· Uptown Syndication | https://www.uptownsyndication.com/

· LinkedIn | https://www.linkedin.com/company/71673294/admin/

For information on Portland Property Management:

· Uptown Properties | http://www.uptownpm.com

· Youtube | @UptownProperties

Westside Investors Network

· Website | https://www.westsideinvestorsnetwork.com/

· Twitter | https://twitter.com/WIN_pdx

· Instagram | @westsideinvestorsnetwork

· LinkedIn | https://www.linkedin.com/groups/13949165/

· Facebook | @WestsideInvestorsNetwork

· Youtube | @WestsideInvestorsNetwork