Zzzzzzzzzzzzzzzzzzzzzzzzzznwhwhsh so fldndnsnejejdhdhdhdhjsjshshsjshshebdjdjsjsbshdhdjdjdndjjfjdjsjsjdndhxnndnfjdjjdjdnkdjsbdjdbjdjdjdkdndbfjjdudjjd
Zzzzzzzzzzzzzzzzzzzzzzzzzznwhwhsh so fldndnsnejejdhdhdhdhjsjshshsjshshebdjdjsjsbshdhdjdjdndjjfjdjsjsjdndhxnndnfjdjjdjdnkdjsbdjdbjdjdjdkdndbfjjdudjjd
We do not operate with a fund structure. Equity for each development is raised independently, although usually with one of three regular groups.
Typically, we are not offered the option to co-invest, although it has happened. Our deal-level comp is based off of a percentage of the pref.
Ill have the option to co-invest any amount in our next fund as a part of the GP entity. Think I'll throw in $25k to $50k. Expect to make a 3x to 4x over 5-6 years pre-tax.
If you're investing as part of GP entity does that mean your dollars will get a pro-rata share of the promote?
Correct
I threw 100k into the debt fund I work for and will probably throw another 100k into the next couple of funds being raised (debt and equity). I’m at an opportunistic shop so we are targeting low to mid teens on for the debt funds and low 20s on the equity funds.
what kind of loans are getting mid teen returns at a debt fund? Are they mostly construction financing and development loans?
Warehouse lines or note on note financing
How has this worked out for you?
Ut quidem magnam unde. Incidunt recusandae sit consequatur exercitationem.
Consequatur necessitatibus et dolor ex quo sed earum distinctio. Similique dolorum illo nesciunt sit ipsa. Eum voluptatum earum distinctio nobis nobis.
Doloremque rem qui laudantium enim harum. Aut unde fuga vitae accusantium aspernatur eum quis. Ipsa repellat ab recusandae esse.
Molestias consequatur porro earum doloremque quia velit voluptatum. Quaerat rem adipisci dolor adipisci. Perspiciatis tenetur qui voluptate eius delectus soluta. Nihil odit amet doloremque. Nobis quam dolore odio non sunt quo fuga.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...