Sponsor compensation includes an upfront load of 6.00%, an annual asset management fee of $60,000, up to 5.00% property management fees, and a 4.00% disposition fee.
Front-end fee composition
Acquisition Fee$0.00M0.00%
O/O Expense Reimbursement$0.00M0.00%
DST Admin & Accounting$0.03M0.19%
Dealer Fee$0.26M2.00%
Wholesaling Fee$0.20M1.50%
Total front-end sponsor compensation$1,447,798 13.47% of acq. cost
Acquisition Fee
$0
0.00%
O/O Expense Reimbursement
$0
0.00%
DST Admin & Accounting
$25,000
0.19%
Dealer Fee
$263,236
2.00%
Wholesaling Fee
$197,427
1.50%
Total Front-end Fees
$1,447,798
13.47%
Strengths
- Acquisition fee is $0
- DST Admin and Accounting is included within the Asset Management Fee
Concerns
- Disposition fee of 4.00% is elevated
- Annual asset management fee of $60,000