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Benchmarks · Real Estate Equity

Multifamily / Apartments

Institutional and middle-market apartment funds. The most common LP-targeted real-estate strategy in the US — large sample sizes mean these benchmarks are tight.

VintageAll years2020+2015–20192010–2014Pre-2010Showing 6 funds in this cohort
Sample6 funds1 with composite· 2010–2014Below 25-fund threshold — read with caution

Score · median across 1 scored fund

Composite
57
Absolute LP Take
100
GP Timing Risk
40
Pref Quality
50
Fee Drag
68
Alignment
20

Structural design — median

Pref rate
median
75.0%
n
1
Hurdle rate
median
n
0
LP residual split
median
94.0%
n
1
GP residual split
median
6.0%
n
1
Catch-up rate
median
n
0
GP commit
Undisclosed treated as 0% per platform policy.
median
0.0%
n
6

Feature prevalence — % of funds where present

Pref cumulative
0%
Pref compounding
0%
Has catch-up
0%
Has clawback
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