"Average performance and VERY LATE K1s"

I've been invested in a fund since 2022 and performance has been ok, though less than proforma projections. Communication and reporting are fine, however a main complaint I'd have would be the very tardy delivery of K1s ! The last 2 years received in mid-Sept and in Aug the year(s) prior.

"Great Communication Sponsor"

We have three active deals and one full-cycle deal with SMK. The quality of communication and updates from Mark Khuri is excellent. The closed deal was a phenomenal success, two active deals have been slightly under or near pro-forma, and the remaining one has so far been a pretty significant failure (though I'll point out that that one is a renovation apartment transaction hit with the same market forces impacting the industry with higher rates & lower occupancy). Note that K-1s often arrive in August and September.