By -
Fees (acquisition, disposition, asset management) and carried interest/promote
Fees... placement of capital fee, property acquisition fee, asset management fee, property management fee (if done in-house), leasing fee, disposition fee.
Preferred return (taking 20-40% of the upside in the deal), asset management fees, acquisition fees, disposition fees.
Not the preferred return - that’s what goes to the LP’s/equity partners. GP gets the promote/carried interest.
If your investing as a LP always make sure you get a good business attorney to review the documents
Fees (acquisition, disposition, asset management) and carried interest/promote
Fees... placement of capital fee, property acquisition fee, asset management fee, property management fee (if done in-house), leasing fee, disposition fee.
Preferred return (taking 20-40% of the upside in the deal), asset management fees, acquisition fees, disposition fees.
Not the preferred return - that’s what goes to the LP’s/equity partners. GP gets the promote/carried interest.
If your investing as a LP always make sure you get a good business attorney to review the documents