I’ve always been a big proponent of ongoing due diligence coverage on direct participation programs. Back when I was an assistant portfolio manager for a large mutual fund company, our coverage of a company certainly didn’t stop after the buy trade was processed. Later, as a product sponsor in[...]

FactRight is pleased to announce the promotion of Kathryn Stephany to General Counsel. In her expanded role, Kate will oversee FactRight's legal, IT, and HR departments while leading and supporting FactRight's operational due diligence engagements.

Today, we’re talking about a place where the due diligence knowledge flows like wine, where the RIAs instinctively flock like the salmon of Capistrano. Are we talking about a little place called Aspen? No. We’re talking about the Fulfilling Your Fiduciary Responsibility—Research and Due[...]

FactRight is pleased to announce that key members of our senior management team have purchased the company. The new owners are also assuming new leadership roles within the company:

FactRight is pleased to announce the promotion of Kevin Kirkeby to Manager. In his expanded role, Kevin will oversee ongoing coverage of public, non-traded program reporting, while continuing to support FactRight’s new offering engagements.

Trigger warning: use of the phrase "unprecedented times." Remember precedented times? Yeah, me neither.

You were all set to go to that due diligence meeting or industry conference in March or April. Plane and hotel booked. Then, it all changed. I bet that until mid-March, you never thought about[...]

A few weeks ago we posted about Qualified Opportunity Funds (QOFs) in a COVID-19 World. We covered capital raise considerations, due diligence questions, and steps that the Federal government has taken to support QOFs and QOF investors. Last week the IRS released Notice 2020-39, which provides[...]

By now, you may have heard that May rent collections have been stronger than many analysts expected, at least for some real estate asset classes. For multifamily properties—the kind that is most commonly subject to master leases in DST investment programs—rent collections as of the 13^th of the[...]

The latest Department of Labor print highlights 3 million in new unemployment claims filed in the last week bringing the cumulative total to over 36 million in the past two months.  Goldman Sachs forecasts that the unemployment rate will peak at 25%, rivaling the worst period of the Great[...]

Although the full impacts of the COVID-19 pandemic on multifamily real estate have yet to be realized, early indications reveal a number of near-term challenges.  This follow-on post updates FactRight’s analysis of the emerging trends that are sure to impact multifamily investment programs.