Distributions & Waterfall
Equity waterfall model — Crestview Commons (Fund I)
Total Proceeds
$19.8M
LP Distributions
$16.9M
GP Distributions
$2.8M
LP / GP Split
85.7% / 14.3%
Waterfall Tier Breakdown
1. Return of Capital
$12.6MLP: $11.2MGP: $1.4M
2. Preferred Return8.0% hurdle
$2.9MLP: $2.9MGP: $0
3. GP Catch-Up20.0% carry
$718KLP: $0GP: $718K
4. Profit Split20.0% carry
$3.6MLP: $2.9MGP: $717K