A Blind Pool is an investment fund where the investors do not know the specific assets that will be purchased at the time of their investment. It is typically managed by a syndicator who makes purchasing decisions after collecting the capital.
A Descriptive Memorandum, often used in the realm of real estate and securities, serves as an offering circular for properties or securities in scenarios where a prospectus is not required.
A General Partner is a member of a partnership whose liability is not limited. In any standard partnership, all partners are general partners by default, whereas a limited partnership must have at least one general partner.
A passive investor is an individual who invests money into a business, project, or property without taking an active role in managing or operating it. This hands-off approach allows investors to potentially earn income while leveraging the expertise and efforts of others.
A syndicator is an individual or entity responsible for organizing and managing a real estate syndication, where investment opportunities are sold to various investors.
