Understanding Preferred Equity: Strategies and Insights

This episode is a deep dive into Preferred Equity with audience Q&A. Enjoy!

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Topics:

(00:00:00) - Intro

(00:02:32) - Introducing preferred equity

(00:06:15) - Preferred equity and returns

(00:13:03) - Last Dollar Basis

(00:15:55) - Basic structures of preferred equity

(00:19:30) - Control and rights

(00:20:50) - Non-subordination

(00:23:50) - Preferred Equity doesn’t need to be paid current

(00:25:05) - Pitfalls

(00:27:49) - Terms

(00:30:38) - Why Preferred Equity is Better than Private Credit

(00:33:11) - Deal sizes for Preferred Equity

(00:39:20) - Common objections

(00:41:35) - Q&A