Finance
In New Mexico, a 'real estate syndication' is a type of investment where:
AOne person owns and manages all real estate
BMultiple investors pool funds to acquire properties too large for individual ownership✓ Correct
CThe government owns the underlying real estate
DProperties are managed exclusively by REALTORS®
Explanation
A real estate syndication is a pooled investment vehicle where multiple investors contribute capital to acquire, develop, or manage properties. Syndicators raise equity through private placements under SEC regulations.
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