{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Capital Calls, Member Loans & Recapitalization \u2014 What Every Multifamily Investor Needs to Know","description":" If someone is asking you to put more money into a multifamily deal, do you know what you\u2019re actually being asked to do? And do you know what happens if you say no? In this solo episode, Mark Kenney walks through every option available to a struggling syndication \u2014 member loans, capital calls, recapitalization, new offerings, and outright sale \u2014 and what each one actually means for GPs and LPs. In this episode you will learn: \u2022 Why the GP team should always contribute first before going to limited partners \u2014 and what that typically looks like \u2022 How member loans work, who has priority in repayment, and the risk most people don\u2019t say out loud \u2022 The key difference between a member loan and a capital call \u2014 and what non-participation in a capital call can actually cost you \u2022 How penalty interest rates and equity dilution work when operating agreements enforce participation \u2022 Why recapitalization almost always ends up unfavorable for existing investors \u2014 even when the terms look reasonable on paper \u2022 When Mark would choose an outright sale over a capital call \u2014 and why breaking even is sometimes the best decision available This is a topic most sponsors won\u2019t walk you through this clearly. Essential listening for any LP or GP navigating today\u2019s market. Join us at our next event at https:\/\/thinkmultifamily.com\/event Subscribe to the Think Multifamily Podcast on Apple Podcasts ans Spotify.   Read the full podcast shownotes, timestamps, resources, and key insights from this episode here: Podcast Show Notes ","author_name":"Think Multifamily Podcast","author_url":"https:\/\/thinkmultifamily.com","html":"