What is Private Placement Memorandum?
A PPM: the offering document describing the investment opportunity, business plan, risk factors, fees, conflicts, sponsor background, structure, and investor terms in a private real estate offering.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.