[Download] The Waterfall In Real Estate Syndications - White Paper

By Adam Gower Ph.D.

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    Real estate syndications use ‘waterfalls’ to make payments from a project to the developer and their investors in a pre-arranged hierarchical fashion, by structuring the way cash available for distribution from operations and sale or refinance cascades through a series of calculations.


    Using data never before seen in the real estate industry, this white paper describes how waterfalls are used industry wide.


    The research includes information gleaned from a range of independent sponsor transactions combined with consolidated data from Investor Management Services (IMS), the leader in the investor management software space, to examine the most common, the rarest and the most complex waterfalls, and to assess how different waterfalls can help refine our concept of the ‘alignment of interest’ between sponsor and investor.


    This paper provides sponsors with a range of brand-new discussion points based on primary data they can weave into their value proposition when raising capital online.


    The Impact of Crowdfunding on Real Estate Waterfall Structures

    The Impact of Crowdfunding on Real Estate Waterfall Structures By Adam Gower Ph.D. Waterfall calculations are used by real estate developers to calculate distributions to investors during the life cycle of a project and there have been some notable shifts in how they are structured since the emergence of real estate crowdfunding – with significant…



    UCL In Background


    Adam Gower is a 30+ year veteran real estate investment and finance professional.  He expands investor networks for real estate developers by implementing best-of-class digital marketing programs.

    Dr. Gower is the creator of The Investor Acquisition System, a best practices digital marketing program developed exclusively for real estate sponsors to raise capital online.

    In Cooperation With Investor Management Services


    Serving real estate investment firms, Investor Management Services (IMS) is the leader in the investment management software space providing the only all-in-one platform. We enable our customers to better serve their investors while improving the efficiency of their firm. The IMS Platform includes an Investor Dashboard, Document Management and Sharing, Customer Relationship Management (CRM), and Waterfall Distribution Processing. For more information, please visit www.imscre.com.

    Copyright 2019 - ADAM GOWER PH.D. - All Rights Reserved

    Website Disclaimer:  All Content contained on this website is intended for informational purposes only and does not purport to be complete or accurate. No recommendations are made or intended to be made regarding investment in real estate of any kind. For further information on any investment opportunity contained in any content of this website, you should visit the respective crowdfunding portal or site where such investment opportunity is published. None of the content presented on this website has been prepared with any reference to any particular user’s investment requirements or financial situation, and you are encouraged to consult with professional tax, legal and financial advisors before making any investment decisions or including the decision to invest at all. GowerCrowd makes no representations or warranties as to the accuracy of any information and accepts no liability or fiduciary responsibility whatsoever. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents through registered portals outside of this website. Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this website, and are encouraged to consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity. Neither Adam Gower nor GowerCrowd or any related entities are a registered broker-dealer, funding portal, or investment advisor and does not conduct any activity that would require any registration as such.