53. Chasing Waterfalls

Track: 
Accounting & Auditing - Real Estate
Field of Study: 
Specialized Knowledge
CPE Credit: 
1.0
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Attendees should have a basic understanding of A&A, Tax and Industry Issues

Friday, December 7, 2018
 
3:15pm-4:05pm

This session will provide an explanation for how economic sharing of profits, "waterfalls" are considered in setting up a deal. Examples will be provided. Attendees will learn the rational/thought process behind how they are set up, along with the accounting treatment of the waterfall.
Learning Objective: To examine the distribution waterfall for closed-end real estate funds including: Basic Components, Business aspects, Framework and types of waterfalls, GAAP, Tax, Structuring and Reporting, Current Trends, Sample Calculations


SESSION SPEAKER(S)

CPA
Chief Operating Officer, Gen II Fund Services, LLC
Principal, GenII Fund Services LLC