Hi I'm new to the real estate investments world. I would like to invest in a real estate deal in Greece kind of PE acquisition of purchasing a building in Athens The company (the GP) has invested about 20% of the value of the property, the rest on the money is raised from private investors (LP's) According to the outline of the deal, I, as an investor, hold a "share" in a Greek company that owns the property > the SPV company.
I have few questions Is this type of transaction structure acceptable? Am I considered an owner of the property? What should I watch out for? What are my main risks (in terms of transaction structure)? What's up with the bankrupt SPV company?