Real Estate Ventures: Formulating and Interpreting Promote Hurdles and Distribution Splits
| Author | : | |
| Rating | : | 4.92 (953 Votes) |
| Asin | : | 1634253345 |
| Format Type | : | paperback |
| Number of Pages | : | 582 Pages |
| Publish Date | : | 2016-12-06 |
| Language | : | English |
DESCRIPTION:
Real Estate Ventures addresses the difference between IRRs and preferred returns in real estate ventures. Author Stevens A. discrete compounding with simple returns between compoundingWhen discrete compounding is used, employing separate compounding periods for each cash flow vs. using fixed compounding periods for all cash flowsUsing timing conventions, such as, assuming all cash flows occur at the beginning or end of a periodPresented in a straightforward format, the book begins with background on the topic and summarizes the basic issues and concepts related to promote hurdles in four parts: Part A: Accessible, question-and-answer presentation of the basic issues and highlights about the topic, including the differences between preferred returns and IRRs Part B: Summary of the basic issues and concepts relating to promote hurdles, as well as a more detailed treatment of the differences between preferred returns and IRRs, a discussion of soft hurdles, and of recycling profits, one of the key potential differences between IRR and preferred return/return of capital hurdles Part C: General background and analysis of the differences between preferred returns and IRRs Part D: In-depth chapters address issues related to "multiple IRRs" and "effective rates," and a practical solut
. STEVENS A. He is contributing editor of The Real Estate Finance Journal, and has authored numerous articles relating to joint ventures. CAREY is a transactional partner in the Los Angeles office of Pircher, Nichols & Meeks, a real estate law firm
. He is contributing editor of The Real Estate Finance Journal, and has authored numerous articles relating to joint ventures. CAREY is a transactional partner in the Los Angeles office of Pircher, Nichols & Meeks, a real estate law firm. About the AuthorSTEVENS A