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In this tutorial, Spencer Burton introduces Ron Rohde, an ACRE legal contributor, who presents a waterfall template partnership agreement. This agreement is designed for partnerships, typically involving a general partner and a limited partner, and outlines the terms of their investment. Rohde discusses the importance of defining the rights and responsibilities of both parties and specifies how capital returns are structured when certain thresholds are achieved. Additionally, he emphasizes the range of legal and modeling options available for complex projects and introduces Matthew Green, a seasoned real estate analyst and acquisitions expert, to provide further insights.
