A PPM built for real estate syndications and funds

The real estate framework walks you through the sections commonly addressed in a private placement memorandum: 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 risk-factor section filtered for real estate, entity and security terms, subscription mechanics, and signature exhibits.

The wizard includes real-estate-specific numerics — rent growth, vacancy, operating-expense ratio, cap-rate assumption, loan terms — so counsel can review a draft organized around the deal rather than a generic fund template. Specialized property facts that are not represented by a dedicated field belong in the relevant narrative section or custom risks and require counsel review.

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 some multi-asset real estate strategies 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. Choose the framework that matches the primary investment thesis and have counsel confirm the document structure.

A real-estate offering may use an LLC or partnership, membership or partnership interests, debt, a preferred return, and one or more promote hurdles. Those terms are deal-specific rather than defaults. PPMWizard separates the vehicle and asset workflow from the exemption choice, including Rule 506(b) and 506(c); counsel should confirm the structure, exemption, economics, and resulting language.