shenehon.com
Waterfalls and Hurdle Rates in Real Estate Private Equity - Shenehon
By Madeline M. Strachota What is better—tiered returns or pari passu? It’s up to you. Private equity organizational structures have various merits and demerits. As appraisers, we see a variety of entity structures—partnerships, limited liability companies (LLC), corporations—all organized in different ways, which makes understanding the governing documents of an entity essential to understanding the …