A real estate syndication is when a group of investors pools together their capital to jointly purchase a large real estate property. Apartments, mobile home parks, land, self-storage units and other real estate assets are some of the investment opportunities available through real estate syndications.

When many real estate investors pool their resources, the bigger the opportunity lies ahead.  That's why syndications are so attractive. 

If you are interested in either investing in a syndication or starting you own, there are a few things you should know including the identification of General Partners, Limited Partners, the acquisition strategy, the exit strategy, and the split of profit.  In the end, if the General Partners make money (especially more than anticipated), chances are these individuals will come back to the table again and again to do more deals.

For the June Networking Luncheon, we have invited Earl Cline, Broker/Owner of Summit Real Estate, to share with us the details of one of his latest syndication deals and how he and his team were able to "Generate Over 120% Annualized Returns for our General Partners MF Property."

During his presentation, Earl will share with us:
How we found the property
How we analyzed and underwrote the property
Negotiation highlights
Managing to completion
Maximizing value at a sale


A LITTLE ABOUT EARL CLINE:  Mr. Cline has held an active real estate broker’s license for 25 years. He graduated from the University of Utah with a BS in Finance. He worked for California based property Management Company. Mr. Cline worked for a national developer of apartments, where he was involved with the acquisition, rehab, and repositioning of over 3,000 apartment units.
As the Regional V.P, he supervised the properties in several of the Western States for a publicly traded R.E.I.T. that owned and managed over 80,000 apartment units. He supervised the construction and leasing of close to 200 units of Section 42 properties in East Idaho.
Mr. Cline has been involved in construction management, real estate development and property management for the gambit of the real estate industry from multifamily housing, office, industrial, storage and retail properties. With his real estate experience, he was able to raise several million dollars last year through a private Reg. D offering to invest in Apartments. He has been training real estate investors for over ten years.

ABOUT THE SPONSOR:  Rize Property Management is a residential property management firm focused in single family and small mulit-family investments. We strive to make owning investment property a passive investment for owners by truly partnering with our clients to maximize income and streamline operations. We developed our business from managing a large SFR portfolio for an institutional investor and currently focus on bringing our operational expertise to independent owners.  For more information about Rize Property Management, visit www.rizepropertymanagement.com.

Questions? Contact Rebecca Dearing by calling/texting (801) 647-8862 or by sending an e-mail to rebecca@utahreia.org.

To Pre-Register: Click the blue "Register Below" button at the top of the screen.  At this time, one may select on whether to attend this meeting in-person or virtually.