Every real estate syndication pitch looks good on slide three. Strong projected returns, a compelling business plan, a market with "explosive growth." The problem is that slide three is designed to look good — it's marketing, not diligence.

Why Finding the Right Commercial Real Estate Deal Is Harder Than It Looks

The commercial real estate market is facing one of the most important reset periods since the Global Financial Crisis. Yet unlike 2008, the distress is not showing up all at once in dramatic headlines.