b'Chapter 23How to Name the Entities in Your Syndicate or FundIf you are planning to syndicate multiple properties, you should pick a naming convention for all of the entities related to all of your syndicates or funds and stick to it. You may have as many as five entities in a syndicate or fund, but most commonly, you will only have two or three.If you can figure out which one is which without having to resort to an organization chart, it will greatly simplify your life. A well-thought-out naming convention will prevent you from having to have a key on the wall in front of you to figure out which entity belongs to which property, and its role with respect to a property. Naming Your Syndicate or Fund Entities Asyndicateorfundentity(thatsellsintereststoinvestors)should include one of the following words in its name: Investors, Investments, or Partners. This way, you will always know this is the investment level entity, and more importantly for securities compliance purposes, this is the issuer of your securities. The asset management entity should have one of the following words in itstitle:Manager,AssetManager,Management,Mgr.orMgt,orFund Manager. This way, you will always know this is the manager of your syndicate or fund, and more importantly for securities compliance purposes, this is the asset manager of the issuer of your securities. If you are using a limited partnership, you could use GP or General Partner in the entity 221'