30% of zero is still zero. And right now, a lot of syndicators need to hear that. In the final episode of this three-part series, syndication attorney Dugan Kelley delivers the conversation most GPs are actively avoiding — what to do when your property is in trouble, your loan is maturing, and every option in front of you is a hard one. In this episode you will learn: • Why the ostrich effect — burying your head in the sand — is the worst thing a syndicator can do when a deal goes sideways• When a cash-in refi makes sense and how to structure that conversation with your investors• What your legal duty of care, loyalty, and good faith to LPs actually requires when making sell or hold decisions• Whether your LPs get a vote or just a voice — and why it all comes down to how your PPM is written• Why the greatest wealth transfer between generations is happening right now and what staying on the sidelines will cost you This is the episode for every syndicator, operator, and LP navigating a market that rewards the prepared and punishes the passive. Ready to learn alongside serious multifamily investors in person? Join us at our next live event at thinkmultifamily.com/event. Subscribe to the Think Multifamily Podcast on Apple Podcasts and Spotify.