Frequently Asked Questions

What is SYNDEX?

SYNDEX is Real Liquidity's online, secondary market for trading shares of syndicated real estate assets that aims to provide investors with an efficient, liquid, and transparent marketplace.

What is a secondary market?

It is a market where existing securities can be bought and sold.

What types of properties are listed on the SYNDEX?

The marketplace focuses on existing and seasoned, cash-flowing commercial real estate assets that are sponsored by managers with proven track records. The asset classes include but are not limited to, multi-family, office, industrial/warehouse, retail, self-storage, and hospitality. Properties that are located within major MSAs (Metropolitan Statistical Areas) and the surrounding suburbs are emphasized, however, we will review properties in all markets. While there is no maximum deal size, deals will be considered on a case by case basis.

Why is Real Liquidity’s marketplace (SYNDEX™) a good fit for my property/asset?

There is no one right answer to this question. Often there are multiple reasons why Real Liquidity’s marketplace is the preferred medium to list and trade one’s interest in a real estate asset. For example, in certain cases one partner within a syndicate may hold a minority opinion in regards to the strategy for the asset that differs from that of the other owners. Through Real Liquidity’s online trading platform this investor—along with the others—would have the ability to sell some or all of their share of equity while the remaining investors can choose to hold onto their position. In another case, one investor may own all of the equity in a deal however, her goal may be to only partially divest some of her interest rather than trade the entire asset. Real Liquidity’s marketplacce offers her the ability to sell half of her position for example and retain the other half.

Can I still manage the asset if I sell a portion of my equity?

Yes. In most cases an affiliate of the sponsor can and will retain management of the asset even if they choose to sell a portion of their interest.

How do I list my asset in the Real Liquidity marketplace?

Please reach out and contact us at the phone number or email below. 646-780-9282


What are some of the advantages to listing my property in the Real Liquidity marketplace?

Similar to how one can freely buy and sell shares of their favorite publicly traded company, the Real Liquidity marketplace (SYNDEX) provides a similar benefit to the owners of private, real estate assets. Regardless of whether you are the only owner or if you are fractional owner, there currently exists no centralized and efficient marketplace for you to sell your asset.

Real Liquidity aims to solve this problem through its design and development of a marketplace where shares of syndicated or crowdfunded real estate assets can be bought and sold like shares of securities that are traded on the NASDAQ or NYSE.

Examples of why to list your asset in Real Liquidity’s marketplace include:

  • To create liquidity for sponsors, shareholders, general and limited partners and/or investors related to their economic interest in a real estate investment
  • Allow individual family members who want to exit their fractional ownership of a closely held real estate asset
  • A means to create liquidity for your firm to expand its business and/or invest in other assets
  • To create liquidity while still maintaining asset and property management control
  • To transact in a transparent and efficient marketplace


What type of real estate investments / alternative assets are good candidates for the exchange?

The Real Liquidity platform seeks commercial and multi-family residential real estate investments that generate compelling risk adjusted returns and emphasize contractual cash flows. All property types and geographic locations are considered. We accept all types of alternative asset syndications including Limited Partnerships, LLC's, Non Traded REIT's, DST's, Regulation D, and Regulation A+.

Is it a requirement that the entire asset and all shareholders be listed on SYNDEX™?

We accept both entire assets and individual shareholders on a case by case basis.

Once my investment is listed in the marketplace do I and the other shareholders have to sell the position?

No, once the investment is brought into the marketplace each shareholder makes their own buy, sell or hold decisions.


What type of investors can invest with Real Liquidity?

Some examples of Investors include, but are not limited to high net worth accredited individuals, institutional investors including family offices, registered investment advisors, private equity firms, hedge funds, banks, and asset managers.


How do I open a trading account?

Please go to our home page and select “Become an Investor” and follow the on-screen instructions.

Are there any fees related to opening up a trading account?

There is no cost associated with setting up an account. However there are specific transaction costs associated with buying and selling a private security in the Real Liquidity marketplace.



What tax documents will be sent to me at the end of the year?

K-1

Can I invest through or on behalf of an LLC, Trust, IRA or Roth IRA?

Yes, speak with a representative for further information.

Is Real Liquidity affiliated with a Broker/Dealer?

Yes. Real Liquidity is affiliated with Prospero Capital, LLC ("Prospero Capital"), a FINRA registered broker-dealer and member of SIPC.


How is Real Liquidity licensed to operate SYNDEX?

Real Liquidity is the owner and operator of SYNDEX. Under an agreement with Prospero Capital, all securities activities, including, but not limited to the private placements and other broker-dealer services, are conducted exclusively through Prospero Capital, LLC.


Does Real Liquidity offer any investment or tax advice?

No. Real Liquidity’s primary business is to own and operate SYNDEX, the real estate focused secondary market for trading shares of real estate assets. Real Liquidity encourages each investor to consult with their own tax professional before buying or selling any securities.


How are my cash deposits / balances kept safe?

Cash deposits up to $250,000 per depositor are insured by the Federal Deposit Insurance Corporation (FDIC), an independent agency created by the U.S. Congress in 1933 to help maintain public confidence in the nation’s financial system. Joint accounts are insured up to $250,000 for each individual om the account equaling $500,000 in total.


How do you keep my personal information secure?

All communications are encrypted and secured using HTTPS and SSL/TLS. We encrypt all sensitive personal information using the AES-256 standard, which is the same encryption standard used by banks to secure customer data.


None of the information displayed on or downloadable from RealLiquidity.com (the “website”) represents an offer to buy or sell or a solicitation of an offer to buy or sell any security, nor does it constitute an offer to provide investment advice or service. Registered representatives of Prospero Capital LLC, do not (1) advise any member on the merits or advisability of a particular investment or transaction, or (2) assist in the determination of fair value of any security or investment, or (3) provide legal, tax or transactional advisory services. Information regarding companies on SYNDEX™ available on the website has been collected from or generated from publicly available sources. The availability of company information does not indicate that such company has endorsed, supports or otherwise participates with Real Liquidity. Company “thesis” are the opinions of Real Liquidity and are not recommendations to buy, sell or hold any security of such company. Any securities offered are offered by Prospero Capital LLC, member FINRA/SIPC.
By using the website or the information, tools, features or functionality provided on the website and by Real Liquidity constitutes acceptance of the Real Liquidity User Agreement and Privacy Policy. Investing in private company securities is not suitable for all investors. An investment in private company securities is highly speculative and involves a high degree of risk and should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks and you should complete your own independent due diligence regarding the investment, including obtaining additional information about the company, opinions, financial projections and legal or other investment advice. Accordingly, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment. Inherent, actual or potential conflicts of interest may exist between you and Real Liquidity. (Risks)
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