Front-end fees and expenses total $4,331,985 (9.35% of acquisition cost), including dealer fees of $694,971, third-party DD of $618,617, and BD allowances.
Front-end fee composition
Dealer Fee$0.69M1.50%
Total front-end sponsor compensation$4,331,985 4.97% of acq. cost
Dealer Fee
$694,971
1.50%
Total Front-end Fees
$4,331,985
4.97%
Strengths
- Ongoing asset management fee structured as 0.30% of Additional Rent.
Concerns
- Front-end syndication and dealer fees total $4,331,985 (9.35% of acquisition cost).