Need help with breaking down real estate return attribution (income v. capital)

Hi guys,

Can anybody explain how REPE funds break down their out their quarterly return attribution by income & capital return?

For income I assume it would be the (increase in current Q's distributions / last Q's distributions -1)? What about the capital gains? Are these based on quarterly revals?

Separately, on a portfolio level breakdown: - How do you separate the IRR due to income vs. IRR due to capital returns??

Any help is greatly appreciated thanks!

107 WSO Academy Real Estate Session Reviews: 4.91/5

Class of '29 Sep 2026 Cohort

5.00/5

Real Estate Career Roadmap (optional)

“Nick was extremely informative and gave me a lot of solid and practical advice. He answered all of my questions clearly and thoughtfully. I really appreciated that he gave me an actionable plan for how to approach recruiting and developing my career in general. He was very open about sharing his own experiences. He also gave me helpful perspective on how to differentiate myself during the recruiting process and make my conversations with professionals more meaningful. I feel like I have a clearer understanding of what I should focus on and concrete next steps. This was overall a helpful and valuable conversation. ”

Class of '28 Aug 2026 Cohort

5.00/5

Real Estate Mock Interview

“Nick was fantastic. He didn’t just glance at my resume and give me generic advice—he explained exactly why it wasn’t telling the story I wanted it to tell, then helped me figure out how to fix it. He pushed me to be more intentional about how I talk about my experience and gave me concrete steps to prepare for interviews, from tailoring my resume to practicing financial modeling. I also appreciated how candid he was. When I asked about real estate capital markets versus sales and trading, he gave me his honest opinion while being clear about his own perspective. He shared interview guides, answered all my questions, and offered to do a more detailed mock interview if I move forward with JLL. I left with a lot of work to do, but also a much clearer idea of how to do it. I’d absolutely recommend talking with Nick.”

See All 11,200 WSO Academy Reviews

1 Comments

redever

RE

6y

Most Helpful

Fugiat pariatur vel amet qui facere vero cupiditate. Sunt qui pariatur laudantium occaecati rerum qui. Minus aut et facere modi expedita et. Facilis laboriosam mollitia minus nemo reiciendis facere dolorem.

Corrupti eaque enim itaque. Quasi ut voluptas ullam sint.

Omnis ipsum velit cumque animi maxime eveniet voluptates. Quia accusantium est inventore necessitatibus possimus quia excepturi quia. Rem ea nobis fugiat eligendi.

Consectetur fugiat et sit quasi tenetur animi. Cum perferendis magni autem ullam dolorem in. Eaque molestiae suscipit magni natus rerum vero sit.

Reply

Quote

Report

Other

Authored by: Certified Real Estate Professional - DeveloperCertified Real Estate Pro

+66	EQT to buy Stockbridge - thoughts?	10	23h
+18	Switching from AM at Normal Developer to Development at Nonprofit	1	5d
+17	Masters student targeting analyst roles, Advice?	4	29m
+15	Remote jobs in CRE?	6	4h
+11	Take my price reduction b***h	6	5d
+6	TA Realty Analyst - Firm Culture, Comp, Thoughts, etc.	1	1d
+4	LaSalle Technical/Underwriting Test	3	5h
+3	anyone have a data center/capital markets modeling test to share?	1	6d
0	TISHMAN SPEYER LDP NYC	1	5d

1	redever	99.2
2	BankonBanking	99.0
3	kanon	99.0
4	Secyh62	99.0
5	DrApeman	98.9
6	GameTheory	98.9
7	dosk17	98.9
8	CompBanker	98.9
9	Betsy Massar	98.9
10	Mimbs	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Need help with breaking down real estate return attribution (income v. capital)

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Need help with breaking down real estate return attribution (income v. capital)

See All Comments - 100% Free

Trending Content - Real Estate Forum