Real Estate Equity Waterfall Model – IRR Hurdles
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A model for calculating returns to the different equity investors in a real estate joint venture.


Frequently Asked Questions about the Real Estate Equity Waterfall Model – IRR Hurdles

 

The model calculates how returns are distributed among equity investors in a real estate joint venture, based on internal rate of return (IRR) hurdles.

IRR hurdles are predefined return thresholds. Once an investor achieves a certain IRR, any additional profits are split differently according to the next tier or hurdle in the agreement.

Real estate professionals involved in joint ventures—including developers, sponsors, and equity investors—can use this model to project and understand return distributions.

Yes, this Excel-based model is available to download and can be adapted to individual project needs.

The model has been downloaded 2,384 times.