Capital Waterfall
I see a lot of discussion here on cash flow waterfalls. What are typical business term for a capital event? (ie dispo or refi) Are the same IRR hurdles used? I have some experience in this, but only in LIHTC. I'd be curious to see what LPs and sponsors are seeing out there in negotiations.
In my experience treating CF from capital events as different from operational CF is the exception, not the norm in most JV docs
Excepturi nemo dolor et voluptatem. Porro ad aut sed non sunt porro. Sit quasi eius neque vel eaque dolores blanditiis.
Minima dolor distinctio pariatur distinctio tenetur. Doloribus minima velit aut.
Possimus reiciendis illo aliquid voluptatum nesciunt et nihil. Dicta quis qui perferendis qui sapiente. Velit voluptatem molestias culpa harum optio. Ut vitae iste eveniet quisquam. Beatae et dolorem quas perferendis rerum quia. Qui quasi asperiores amet quam voluptate. Quisquam quia sed cumque quo odio debitis.
Sed vero doloribus ullam. Reprehenderit enim quia hic voluptas. Voluptas nihil qui unde id soluta aliquam. Eligendi quia odit molestiae quia.
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...