Morgan Properties Special Situations II LLC (MPSS II) provides investment advice to separately managed joint ventures or accounts. MPSS II's clients are primarily institutions, high net worth family offices, and state-sponsored pension plans. MPSS II invests in real estate mortgage-backed securities and other mortgage-related investments. MPSS II also performs due diligence, monitors investments, and aims to realize long-term capital gains.
Fee Structure
MPSS II charges its clients an acquisition fee and a management fee, both of which are negotiated with each investor. The firm also receives a performance-based allocation of profits, known as carried interest, after investors have received an agreed return on their investment. The specific fees are detailed in each client's governing documents.