Yes, sponsors charge fees that are collected at different stages of a project.
Fees are usually tied to specific tasks that the sponsor performs for managing the investments such as:
- Sourcing and securing the underlying real estate investment
- Negotiating and closing a property purchase
- Managing refinancing or disposal of the investment
Fees are typically taken out before profits are calculated for the purpose of distribution to token holders.
A detailed breakdown of fees is outlined in the offering summary provided to interested investors of each tokenized investment.