What is a Waterfall Structure?

Investors often ask us to explain the “waterfall” structure that is common in private placement projects.  A waterfall structure is a sequential set of rules or conditions that dictate the order in which capital is allocated among various parties involved in a private placement project. The purpose is to determine the distribution of profits or […]

Are Multifamily Properties Considered Residential or Commercial?

We get this question all the time. Let’s jump into it! A property in which people live is by definition Residential in its usage. The simplest example of this is a single family house. A property that generates income is Commercial in its usage. The most common examples of these are offices, retail stores, warehouses, […]