Long gone are the days of receiving high commissions baked into the yield spread on debt deals with compression in coupons for core and even secondary apartment deals. (corevestfinance.com)
For debt deals, management works only with experienced lenders (rather than operating as a lender itself). (investorjunkie.com)
I believe most convertible debt deals by angels are done by people who are not professionally investors. (bothsidesofthetable.com)