Is a sponsor the same thing as a general partner in a multifamily investment?

2 years ago
10

Good question.

Yes, they are the same. However, to make it clear sometimes a group of investors with multifamily experience will sponsor a deal and raise some or all of the down payment money to acquire a multifamily property from multiple limited partners.

In this case there is more than one general partner. There is a sponsor group. The sponsor group is the 3 or 4 or 5 general partners that put the deal together.

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I hope that helps and good luck with your investing!

Benjamin Z Miller
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1-817-203-4160
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