DJ
Transparency is the Heart of the Problem
The initial paperwork clearly spelled out my investment would be tied up for 5-7 years. My personality is geared toward long term investments so I have no issue with locking my investment for 5 to 7 years. I accept there has been only 1 cash dividend in the 6 years since my initial investment. I will also have no issue if the investment requires an excess of 7 years due to market. What I do not accept is the lack of transparency. Company level - no quarterly or annual financial statement. Fund level - no quarterly or annual financial statements. Funds do not specifically detail the properties invested into and the percentage of each property owned by the specific fund. This lack of transparency leaves investors, like me, anxious and unwilling to invest in new funding rounds.