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DISTRIBUTION WATERFALL DISTRIBUTION WATERFALL
Investors in the Limited Partnership (including the Fund) will receive cash distributions from the Limited Partnership on a pro rata basis (reflecting the net capital contributions of each partner), based on the number and class of Units of the Limited Partnership held. Distributions and payments will generally be made in accordance with the “waterfall” below.
12%
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Return Of Capital Hurdle Remaining Balance
First, 100% to the investors until investors have received full return of capital
Second, The investors Receive 70% of the profit until they have achieved an annual preferred return of 12% while PYRAMINE received 30% of the profit
The remaining balance will be distributed 50% for the investors and 50% for Pyramine
$ Million
Of Real Estate Assets Under Management
Pyramine Investment Inc. intends to use the MFT as its exclusive income & Wealth Building residential vehicle over time for our investors.
Access to Wealth generating residential under-value deals Family estate-planning purposes
Pyramine Investment Inc. and its affiliates retain interest in the MFT ensuring its interests are aligned with Unitholders