Preferred Return 6-9% *

IRR 23-26% +

Tax Benefits 1.5 : 1

Equity Multiple 2.5-2.8x +

* The preferred return & split are dependent upon the investment amount.

Preferred Return 6%-9% *

IRR 18-22%+

Tax Benefits 1 : 1

Equity Multiple 2.0-2.5x +

‍

* The preferred return & split are dependent upon the investment amount.