Millennium III | Syndication

By: Millennium Iii  09-12-2011
Keywords: Real Estate

A real estate syndication is essentially a group of investors who pool their capital to acquire a property. Ownership and profits are shared equally amongst the participants in proportion to their capital investment.

We facilitate our syndications by performing all the services necessary to set up and maintain property owning limited partnerships.

  • We provide initial capital to acquire suitable property and arrange financing
  • We establish and register the limited partnership, and provide the opportunity for investors to act as limited partners
  • We prepare all necessary documentation, including an offering memorandum fully disclosing the financial structure of the project
  • Third party review by experts in securities and partnership law ensures the project is fully compliant with all applicable legislation
  • Closure of the partnership is guaranteed and interim cash flow coverage is provided

In the initial years of the project, costs associated with syndication services and property improvement are factored into the equity requirement for the partnership, thereby providing tax relief to investors.

Keywords: Real Estate

Other products and services from Millennium Iii


Millennium III | Acquisition

In the current economic climate, where credit is restricted or unavailable to many businesses and investors, we are proud to be a preferred client of many of Western Canada's major financial institutions. Our long standing relationships with various financial institutions help us secure financing for multimillion-dollar projects quickly, which can be of great advantage when purchasing real estate.


Millennium III | Asset Management

The Millennium III Group of Companies provides a comprehensive asset management service, allowing our partners to benefit from a worry-free, appreciating investment. As representatives of the property owners.


Millennium III | Investor Relations

Every year, at the annual meeting of each partnership, we welcome investors to meet with us to discuss activity at the property and the performance of their investment. Over half of our limited partners own multiple interests in a number of projects, with some of the earliest investors regularly participating in our new projects. Repeat investors purchased the majority of the available units.