Does Sunstone have a very large up-front fee load?
No, and our fees are fully disclosed in our prospectus. Our low fee structure and aligned interests mean that Sunstone can provide the very same level of all-in costs that individual buyers would incur. Historically, some structured real estate offerings have had high front-end fee loads that result in the investor paying anywhere from $1.15 to $1.25 for $1.00 worth of real estate. This resulted in lower yields and longer hold periods for such investors. With our institutional-style offerings, the total cost to investors is approximately $1.05 for $1.00 worth of real estate, which will result in higher yields. This is the same structure that many large institutions and high net worth investors utilize to acquire real estate holdings for their portfolios.
