by Mark Devereaux | Apr 6, 2021 | In The News
A couple of years ago, I was fortunate enough to come into contact with the best multifamily broker in Michigan and quite possibly the best of the Midwest. Kelley and I were looking at a deal in Clio. I called the listing agent, who happened to be Al Beachum of...
by Mark Devereaux | Mar 19, 2021 | In The News
Most passive syndicated investments don’t provide for investors to maintain many voting rights. Accordingly, the passive investor must spend time and perform due diligence on the operating partner, in our case, Stelvio Equity Group LLC. In addition, passive...
by Mark Devereaux | Mar 17, 2021 | In The News
The Covid-19 pandemic has been challenging for everyone. As we continue to work through the challenges and unknowns, TransUnion sees positive signs that renters will exit the pandemic well-positioned. Read the full article here. TransUnion Study Points to Positive...
by Mark Devereaux | Mar 15, 2021 | In The News
Real estate syndicators, such as Stelvio Equity Group LLC, typically sell a portion of the ownership interests in their company that will own the income-producing real estate. The company the investors will buy into is most often a limited liability company (LLC) set...
by Mark Devereaux | Mar 14, 2021 | In The News
Although there are a number of ways to structure syndication for multifamily apartment properties, Stelvio Equity Group LLC generally uses a 2-class structure for its investor LLCs. Class A interests or shares are purchased by equity investors. Class B interests or...
by Mark Devereaux | Mar 14, 2021 | In The News
You may have heard the term K-1. Maybe you know what it is, maybe you don’t. K-1 refers to the IRS form an investor in an LLC treated as a partnership for tax purposes would receive stating the “Partners Share Of Income, Deductions, Credits”. This...