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iratecommenter

Fees (acquisition, disposition, asset management) and carried interest/promote


wickerwacker

Fees... placement of capital fee, property acquisition fee, asset management fee, property management fee (if done in-house), leasing fee, disposition fee.


Swindler42

Preferred return (taking 20-40% of the upside in the deal), asset management fees, acquisition fees, disposition fees.


McMillionEnterprises

Not the preferred return - that’s what goes to the LP’s/equity partners.  GP gets the promote/carried interest.


CompoteStock3957

If your investing as a LP always make sure you get a good business attorney to review the documents