American Partnership Board® operates an interactive Internet-based weekly auction re-sale system for buyers and sellers of limited partnerships and unlisted REITS. This system was specifically designed to enhance price transparency and promote a fair and equitable matching service for the re-sale of these assets. Sellers utilize the system to convert assets to cash and to rebalance their DPP portfolios.
Holders of limited partnership units may wish to convert to cash for a number of reasons, including:
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Change in investment objectives |
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Dramatic occurrences such as death, divorce, bankruptcy, etc. |
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Alternate investments |
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Uncertainty regarding timing of final liquidation |
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Retirement planning and/or tax planning |
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Financing educational expenses |
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Simplified tax filing (elimination of K-1's) |
Benefits of Selling through the American Partnership Board:
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We reach a large universe of potential buyers. |
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We provide a platform for competitive bidding. |
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Executions at or above the minimum bid wanted. |
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Opportunity to re-list the units, if the minimum bid is not received |
Additional information:
Maximize Returns
By listing for sale through our online auction, sellers take advantage of an unprecedented opportunity to maximize the sale price of their limited partnership units or other illiquid securities by reaching a much larger universe of potential buyers. The majority of all sell orders executed through the auction occur at prices above the offering price. Units are only sold at or above the minimum price the seller agrees to accept. If bids come in below the stated minimum price, the seller will be contacted and given the option of accepting the highest bid received in the auction or re-list the units in the next auction.
Expertise
The sale and transfer of limited partnership units is a complex and demanding task requiring a thorough knowledge and understanding of the limited partnership marketplace and transfer process. The American Partnership Board was among the pioneers of the industry, and has developed enhanced procedures which provide efficiency and protect the interests of both the buyer and seller.
Safety
American Partnership Board uses a bank escrow agent for all transactions. Funds are disbursed upon receipt of written confirmation of transfer from the general partner.
No Upfront Charges
All transfer fees and commissions are automatically deducted when the sales proceeds are released from the bank escrow account. |
