Articles
Nathaniel Dodson On
How YouTube Marketing Is Changing Reg CF and Reg D Capital Raises
Not long ago, investor outreach was generally accomplished in boiler rooms and cold calling investors. Today, it’s on YouTube. For syndicators and fund managers, the strategy has evolved into the modern investor funnel. A place where education, storytelling, and compliance can actually coexist. Used well, YouTube can amplify visibility for Reg CF and Reg D…
Richard Robinette On
After the Fed’s Rate Cut: What Syndicators Should Know
The Federal Reserve’s decision on September 16, 2025, to reduce its benchmark rate by a quarter‑point (25 basis points) may be creating the attention needed throughout the commercial real estate world. For multifamily syndicators, this is not just another macroeconomic headline. The Fed’s cut, taking the federal funds rate to 4.00‑4.25%, is the first rate…
Richard Robinette On
SEC Enforcement Reminds You to File Your Form D or Pay the Price
When it comes to raising capital under Reg D, most fund managers and syndicators focus on the big picture: structuring deals, attracting investors, and staying within the boundaries of 506(b) or 506(c). But in December 2024, the SEC sent a sharp reminder that even “simple” filing obligations like Form D are not optional. A recent…
Nathaniel Dodson On
Understanding the Family Resemblance Test alternative to the Howey Test in Securities Law
Most new capital raisers quickly pick up on one key legal concept affecting whether an investment is subject to securities regulations. It’s the Howey Test. The Howey Test has long been the standard for determining what qualifies as a security under the watchful eye of the Securities and Exchange Commission (SEC). But here’s the twist:…
Richard Robinette On
$770M ATM Ponzi Scheme Redefines Securities Fraud
If you’ve been in real estate private offerings long enough, you’ve heard the phrase: “If it walks like a security and quacks like a security…” But did you expect ATMs to be the hub of a $770 million securities fraud scheme? That’s exactly what prosecutors are accusing 55-year-old Daryl F. Heller of orchestrating in Pennsylvania. A classic Ponzi scheme…
Nathaniel Dodson On
Smart Moves for Your First Fund Launch: Playing It Smart and Lean
Launching your first fund is one of the most exciting and nerve-wracking moments in your career. On one hand, you finally get to step into a rewarding industry that literally creates billionaires. You are in control. On the other hand, you have a brand new business that takes the ability to do due diligence and…