- Typical investment is held in a special purpose LLC governed by an operating agreement between investors and FPM
- FPMs principals are co-investors in the LLC
- FPM is the property and asset manager and has a contract with the ownership entity
- Typical investments are capitalized 35% equity and 65% non-recourse debt. FPM is responsible for carve-outs. Investors DO NOT sign for any carve-outs
- Typical purchases are in the $7M-$25 Million range. This requires $2M-$8M of equity per investment based on FPMs conservative leverage strategy.