Real Estate Equity Waterfall Model (Latest Version)
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  • Up to a four tier promote structure
  • IRR or equity multiple hurdles
  • Pari-passu return of capital; possible to create senior/junior equity structures
  • Easy to add to your existing model

Frequently Asked Questions about the Real Estate Equity Waterfall Model (Latest Version)

 

This Excel model is designed to calculate returns to different equity investors in a real estate joint venture using a waterfall structure. It distributes cash flows based on defined IRR or equity multiple hurdles across up to four tiers.

The latest version supports up to a four-tier promote structure, allowing for complex investor return scenarios.

Yes, the model gives users the flexibility to base hurdle levels on either internal rate of return (IRR) or equity multiple benchmarks.

Yes, the waterfall is built to allow for pari-passu (pro-rata) return of capital, which can be used to simulate senior and junior equity arrangements.

Yes, it is designed with modularity in mind, making it straightforward to plug into your existing real estate financial models.

As of the latest data, the Real Estate Equity Waterfall Model (Latest Version) has been downloaded 4,911 times.