Bethany LaFlam

Bethany LaFlam, a securities attorney and real estate investor, shares her expertise in SEC compliance for hotel syndicators. She reveals how first-time fundraisers often unwittingly break the law by mishandling capital raises. Discussion includes the importance of risk disclosure, the nuances of 506(b) vs. 506(c) structures, and the perils of paying capital-raisers improperly. Bethany also reflects on lessons from her own failed $50 million fund and emphasizes the importance of vetting investors to avoid toxic partnerships.