Real Wealth Show: Real Estate Investing Podcast

Syndication Investing in 2025: Insights from Attorney Bethany LaFlam

26 snips
Aug 15, 2025
In this insightful discussion, Bethany LaFlam, a securities attorney and syndication expert, unpacks the evolving landscape of syndication investing. She highlights crucial legal considerations for raising capital in today's tighter lending environment. Bethany delves into the rise of new syndicators, emphasizing the importance of operational expertise. She also contrasts the risks of tech startups with the more stable yet slower returns of real estate. Listeners gain valuable insights on navigating regulatory challenges and making informed investment decisions.
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INSIGHT

Securities Compliance Is Not Deal Underwriting

  • Bethany LaFlam ensures syndication documents comply with SEC rules but does not underwrite deal economics.
  • She reviews business plans for compliance red flags, not to guarantee property safety.
ADVICE

Get The Right Specialists For Each Role

  • Hire a real estate transactions attorney to handle purchase agreements and legal diligence.
  • Use an underwriter to verify deal underwriting and whether the numbers truly pencil.
INSIGHT

Operator Experience Beats Pure Capital-Raising Training

  • Many new syndicators emerged from educational programs before and after COVID but survival varied.
  • Successful teachers were experienced operators who taught practical operations, not just capital raising.
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