Sponsor and syndicate compensation includes up to 6.0% in selling commissions, an $830,000 acquisition fee, $685,050 dealer fee, $456,700 wholesaling fee, and a 7.50% disposition fee.
Front-end fee composition
Acquisition Fee$0.83M1.82%
Dealer Fee$0.69M1.50%
Wholesaling Fee$0.46M1.00%
Total front-end sponsor compensation$4,338,650 5.23% of acq. cost
Acquisition Fee
$830,000
1.82%
Dealer Fee
$685,050
1.50%
Wholesaling Fee
$456,700
1.00%
Total Front-end Fees
$4,338,650
5.23%
Strengths
- Fees and compensation schedule are fully outlined in offering documents
Concerns
- Disposition fee is 7.50%
- Selling commissions of up to 6.0% plus wholesaling and dealer fees