Tag
equity-waterfall
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Equity waterfall in real estate: how profits split
An equity waterfall in a real estate JV sets who gets paid first: the investor's preferred return comes before any profit split. Kallpa structures direct equity co-ownership deals in Kansas and Washington, not pooled syndications.
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Passive real estate equity deal structure explained
In a Kallpa JV, a passive equity partner contributes capital and receives a preferred return plus a negotiated share of cash flow and appreciation at exit. Kallpa operates the property. The split and return rate are set per deal.