Understanding Waterfall Distribution in Private Investments

Understanding Waterfall Distribution in Private Investments

When you open a Private Placement Memorandum (PPM) for the first time, the waterfall distribution section might look like dense legalese. It’s not. It’s the single most important section in the document because it tells you exactly how investors get paid....
Accredited Investor’s Guide to Real Estate Debt Funds

Accredited Investor’s Guide to Real Estate Debt Funds

Real estate debt funds present a viable investment avenue for individual accredited investors. By nature, these funds offer a diversified portfolio—spreading the risk across multiple assets and providing the investor with enhanced downside protection through...
Understanding a 1031 Exchange: A Tax-Deferral Strategy

Understanding a 1031 Exchange: A Tax-Deferral Strategy

What is a 1031 Exchange? A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows real estate investors to defer capital gains taxes by reinvesting proceeds from a sold property into a similar “like-kind” property. This provision...