Private Placement Memorandum: The Sophisticated Investor’s Guide

In real estate the PPM is EVERYTHING.

It’s here you’ll learn about the money in the deal and how you, the investor, get paid.


What is a PPM?

A Private Placement Memorandum, or PPM, discloses everything an investor needs to make a decision to provide funding.

These legal documents are required by the SEC when making an offering to the public.

(stocks have a prospectus while multifamily syndications have a PPM)


So every potential investor should read (and understand) the PPM. But do they? Not so much.

Let’s change that for you.

To simplify it, we’ve broken the PPM into three discussions: