Real ChatGPT answer · index seed9o3MIsUxywkcompleteReal estate · commercial real estateinformational
How do private equity funds structure their waterfalls for commercial real estate deals, and where can I find current target hurdle rates?
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Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
How do private equity funds structure their waterfalls for commercial real estate deals, and where can I find current target hurdle rates?
3 real searches · 1 real-search pass
2026 commercial real estate private equity target returns preferred return hurdle rates survey value add opportunistic core plusGoogle ↗
OBSERVEDComparison
2025 real estate private equity fund terms preferred return promote hurdle rate surveyGoogle ↗
OBSERVEDReason
2026 real estate investment outlook target IRR core plus value add opportunistic returnsGoogle ↗
OBSERVEDComparison
Badge and edge weight = share of passes that produced the query. Hover a query for its intent and routing format.
Query classes
Google's semantic query class for every sub-query: what kind of answer each search is after, simulated vs real.
ChatGPT real searches (3)
Classes come from the query-classifier (a local Laya model). 3 of 3 calls are low-confidence (under 50%) — hover a query in the table to see its confidence.
Searches and sources
ChatGPT3 real searches · gpt-6
2026 commercial real estate private equity target returns preferred return hurdle rates survey value add opportunistic core plus Google ↗
2025 real estate private equity fund terms preferred return promote hurdle rate survey Google ↗
2026 real estate investment outlook target IRR core plus value add opportunistic returns Google ↗
- 6 From core to complexity: What investor hurdle · knightfrank.com
- Active Capital: Capital strategies · knightfrank.com
- Legal 500 Country Comparative Guides Legal Landsca · legal500.com
- Equity Waterfalls & the Carried Interest Promote · realestateprivateequity.org
- PREQIN 2025 GLOBAL REPORT: REAL ESTATE—78 · downloads.ctfassets.net
- How Fund Terms and Approaches Vary by Asset Class, in Four Charts | Insights & Resources · goodwinlaw.com
- Preqin research and data · preqin.com
- PERE research and publications · perenews.com
- CBRE research · cbre.com
Queries
3 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
2026 commercial real estate private equity target returns preferred return hurdle rates survey value add opportunistic core plus OBSERVED | Google ↗ AI Mode ↗ | — | Comparison | — | — | 1x of 1 | |
2025 real estate private equity fund terms preferred return promote hurdle rate survey OBSERVED | Google ↗ AI Mode ↗ | — | Reason | — | — | 1x of 1 | |
2026 real estate investment outlook target IRR core plus value add opportunistic returns OBSERVED | Google ↗ AI Mode ↗ | — | Comparison | — | — | 1x of 1 |