A PPM built for real estate syndications and funds

The real estate framework walks you through every section a counsel-grade private placement memorandum needs: cover page and investor-suitability notices tuned to your exemption, an executive summary tied to your underwriting inputs, a sponsor-track-record section, a property and market description, a use-of-proceeds block, a sources-and-uses table, a pro forma and cash-flow projection, a distribution waterfall (preferred return, catch-up, promote, IRR hurdles), a curated risk-factor section filtered for real estate, entity and security terms, subscription mechanics, and signature exhibits.

The wizard ships real-estate-specific numerics — rent growth, vacancy, operating-expense ratio, cap-rate assumption, loan terms — so the projections read the way a sophisticated LP expects them to, rather than a generic fund template bolted onto a building.

Use the real estate framework when the offering is tied to one or more specific properties — a single-asset multifamily value-add, a two-property industrial portfolio, a ground-up development, a net-lease retail roll-up. It also fits multi-asset real estate funds where the thesis is tied to a property type or MSA rather than a specific building.

If the deal is primarily an operating-business acquisition that happens to own real estate — a hotel brand with owned hotels, a self-storage operating platform — the business-acquisition framework is often the better starting point. The wizard handles both, and you can switch frameworks during drafting without losing your sponsor and investor inputs.

Most real estate deals we see in the wizard are structured as Delaware LLCs taxed as partnerships, offering Class A membership units under Rule 506(c) with a preferred return in the 7–9% range and a 70/30 or 80/20 promote after a hurdle. Raises typically run from about $2M for a single-asset syndication up to $50M+ for a discretionary fund. The wizard supports 506(b), 506(c), and fund-vehicle frameworks side by side; pick the exemption first and the document language adapts across the draft.