Real Estate Syndications, Explained
Most people know real estate builds wealth. Far fewer know how the deals they hear about actually get put together — who raises the money, who operates the property, where the returns come from, and what the risks really are.
Gary Lipsky, President of Break of Day Capital, has spent his career on the operating side of multifamily real estate. He's back at Ticket 500 to walk through how syndications work, in plain language, for people who are curious but have never been inside one.
What we'll cover
What a real estate syndication actually is, and who does what in a deal
The difference between investing actively and investing passively
How returns are structured, and what the fee stack looks like
What to look at before you commit — and the questions most people forget to ask
Where deals go wrong, and what that looks like from the inside
Who this is for
Founders, operators and professionals who'd like to understand this category properly before deciding whether it's for them. No prior real estate experience assumed.
This is an educational session, not a pitch for a specific deal. Come with questions.
Details
Tuesday 25 August 2026, 6:00–8:00 PM
Ticket 500 — 2807 Villa Way, Newport Beach, CA