Investing

Asalam Alaykoum

My question is or if you can point me in the right direction to someone that can help me to know if Apartment Syndication is halal or haram.

For example, I would be  a General Partner in a deal it could be 3-5 of us and we will have Limited partner/accredited investors that will put either all the down payment money and renovations costs and we as General Partners put a small percent since we will be managing the asset.

Generally, we put some money down depending on if you find the deal. But investors will get preferred return and we usually split profits and cashflow 70%/30%.

So, we will for example buy a 25million apartment building raise the money for the down payment and renovation cost and value add opportunities and grow the asset and sell in 5-7 years and give investors their money back plus 15-20% return depending on how good we manage and how well the asset performs.

I am wondering if it is halal this kind of transaction obviously if I do regular financing with banks, it will be riba but if I were to get a loan from IJARA CDC, MyUIF, and other Islamic financings I am wondering if that transaction will be halal.

Thank you for the help