r/Syndications

Has anyone actually invested capital with Globex Horizon for their salon/school partnership? Looking for real experiences regarding capital withdrawal.

Got onto our admin's monthly call last week and realized I'm doing maybe 30% of what they're supposed to be doing. Pulling rent rolls together, reconciling property-level bookkeeping against fund-level, chasing my own property manager for the data the admin needs. Started as a "help out for the first month" arrangement and turned into me being the de facto fund accountant.

Is this normal at our size (3 properties, single fund, $11M total raised) or did I sign with the wrong people? The pitch was "you focus on operations and we handle the back office." Reality is I'm in the back office 4 hours a week and the admin is sending me PDFs to sign. Looking for admins that actually handle the multifamily-specific workflow end to end.