In commercial multifamily real estate, there’s a language that is spoken when you are connecting with brokers, property managers and other investors in the profession. To avoid sounding like a novice, an investor must be fluent with the real estate terminology to be taken seriously. Let’s take a minute to breakdown one of those terms.
Someone with enough investment knowledge and experience in financial and business matters to make them capable of evaluating the merits and risks of an investment opportunity.
- Not accredited by SEC standards.
- Can only participate in 506(b) private placement offerings but limited to only 35 participants per fund.
By learning these concepts and terms, you’re separating yourself from the novice investor looking to be more active than passive. Here’s where you can learn more multifamily investing terms.
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