After 2008, many people lost their homes and moved into apartments. In most major cities and suburbs, there was a shortage of well maintained properties. The multifamily asset type became extremely popular with accredited investors.
- Offering Memorandum: An Offering Memorandum (OM) is the executive brochure that highlights the main points of the asset class, the specific property, goals of the fund, holding period, and identifies the fund manager. The OM is the teaser that attracts investors to your deal.