Summarizes selling commissions up to $601,307, $254,424 acquisition fee, $6,000 annual asset management fee, and 1.0% disposition fee.
Front-end fee composition
Acquisition Fee$0.25M2.96%
Dealer Fee$0.09M1.00%
Total front-end sponsor compensation$601,037 4.13% of acq. cost
Acquisition Fee
$254,424
2.96%
Dealer Fee
$85,862
1.00%
Total Front-end Fees
$601,037
4.13%
Strengths
- Asset management fee is fixed at a modest $6,000 annually
- Standard 1.0% disposition fee
Concerns
- Selling commissions reach up to 7% of sales ($601,307)
- Acquisition fee of $254,424 paid to sponsor