Sponsor compensation includes an annual asset management fee of 0.40% of gross rental income, a 2.0% disposition fee, and a broker-dealer due diligence allowance of $475,700.
Front-end fee composition
DST Admin & Accounting$0.01M0.02%
Total front-end sponsor compensation$3,387,760 3.99% of acq. cost
DST Admin & Accounting
$10,000
0.02%
Total Front-end Fees
$3,387,760
3.99%
Strengths
- Asset management fee capped at 0.40% of gross rental income
- Trust administration fee structured at $750 annually
Concerns
- 2.0% disposition fee upon asset sale
- BD due diligence allowance of $475,700