Fee Scorecard for High-Yield Real Estate Funds

http://www.realert.com/ranks.php

Fee Scorecard for High-Yield Real Estate Funds

High-Yield Debt

Operator	Fund	Equity Goal ($Mil.)	Net Return Goal (%)	Fees	Preferred Return For LPs (%)	Subsequent GP/LP Split Of Profits	IRR Needed For GP to Get 20% of Profits (%)
Bloomfield Capital	Bloomfield Institutional Opportunity Fund 1	100	14-16	1.5% management	10	100/0 to 12%, then 50/50	13.3
Blumberg Capital	Blumberg Strategic Assets Fund	1,000.0	20	1.5% management	12	80/20 to 20%, then 20/80	16.0
Colony Capital	Colony Distressed Credit Fund 2	750.0	12.5	1-1.5% management	8	50/50 (to 10% IRR), then 10/90	Never
Contrarian Capital	Contrarian Distr. Real Estate Debt 2	350.0	15-17	1.5% management	9	50/50 to 20%, then 20/80	15.0
Cornerstone Real Estate	Cornerstone Enhanced Mortgage Fund 1	500.0	11-14	0.75% management	8	20/80	Never
De La Rosa Co., MJW Investments	De La Rosa/MJW Real Estate Debt Partners	300	13-16	1.5% management	9	100/0 to 20%, then 20/80	11.3
Equibase Capital	Equibase Real Estate Fund 2	300	15	1.5% management	9	50/50 to 20%, then 20/80	15.0
G4 Capital	G4 Capital Partners 2	250	14-16	2% management	8	20/80	Never
Garrison Investment	Garrison Real Estate Fund 2	500.0	20+	1.25-1.5% management	10	50/50 to 20%, then 20/80	16.7
Invesco Real Estate	Invesco Real Estate Debt Fund 3	300	12	1% management	8	20/80	Never
Investcorp	Investcorp Real Estate Credit Fund 2	200	12-15	1% management	9	20/80	Never
LEM Partners	LEM Real Estate High-Yield Debt Fund	300	11-14	1.75% management	8	20/80	Never
Longbow Real Estate Capital	Longbow UK Real Estate Debt Fund 2	275.5	14-16	1-1.5% management	9	20/80	Never
Marathon Asset Management	Marathon Real Est. Lending and Distr. Debt	500	15-18	1.25% management	8	50/50 to 20%, then 15/85	13.3
NBS Real Estate Capital	Morrison Street Fund 4	75.0	12	1.75% management	9	60/40 to 15%, then 15/85	27.0
Osprey Investment	Osprey Fund 3	150.0	18	2% management	10	80/20 to 20%, then 20/80	13.3

http://www.realert.com/ranks.php