Sponsor compensation and fees include an acquisition fee of $2,436,404, an annual asset management fee of $26,780, master tenant income of $721, and DST admin & accounting costs of $432,355.
Front-end fee composition
Acquisition Fee$2.44M1.97%
DST Admin & Accounting$0.43M0.35%
Total front-end sponsor compensation$7,378,270 5.97% of acq. cost
Acquisition Fee
$2,436,404
1.97%
DST Admin & Accounting
$432,355
0.35%
Total Front-end Fees
$7,378,270
5.97%
Strengths
- Annual asset management fee is low at $26,780
Concerns
- Acquisition fee of $2,436,404 paid at closing