Before investing through any platform, work through this checklist:
- Sponsor track record: Who is the asset manager? Prior projects and defaults?
- Legal structure: SPV, loan participation, equity share—what do you actually own?
- Waterfall: Order of payments, fees, promote, and hurdles.
- Valuation: Independent appraisal date, methodology, and comparables.
- Exit strategy: Refinance, sale, or buyout window—realistic timelines?
- Risk factors: Vacancy, construction, currency, regulatory.
- Your liquidity: Can you hold through the full term without needing the capital?
Use platform disclosures and ask support for anything unclear.
