Waterfalls & distributions
Waterfalls that pay from your agreement’s terms
CREAssets is waterfall and distribution software for real estate sponsors. Model classes and hurdles once, preview a distribution, then pay every investor from the same engine — with notices, withholding and the ledger entries done for you.
Updated
Capabilities
Buckets and classes
LP, GP and mezzanine classes with their own pref, splits and ownership — one deal can carry several.
Hurdles that match real deals
IRR, cash-on-cash, average annual return, ROI and return-of-capital hurdles, with GP catch-up tiers.
23 templates to start from
Begin from a common structure instead of a blank canvas, then save your own as templates for the next deal.
Preview before you pay
See an estimated split by class for a proposed distribution before you commit it.
Clawback and withholding
Clawback modelled as a first-class object, plus tax withholding and management-fee settings.
Notices and the ledger
Distribution notices go out from your templates and every payment posts to the capital-account ledger.
Deal-scoped, deterministic, auditable
The waterfall configured on the deal is the one that pays. Every distribution keeps its inputs and results, so “why did I get this amount?” has an answer you can show.
Try it first, free and without signing up: Waterfall calculator, Excel waterfall model (free download) or Preferred return calculator.
- Multi-class distributions with per-class detail
- Redemption windows and policies as real objects
- Distribution history on every investor position
- Payments by ACH through your connected provider, or wire and check
Who uses it
Waterfalls & distributions: common questions
Can you model a European and an American waterfall?
Deal-by-deal (American) waterfalls are configured per deal, with clawback; ask us about whole-fund (European) structures. Hurdles can be IRR, cash-on-cash, ROI, AAR or return of capital.
Can I try the math before signing up?
Yes. Our free waterfall calculator runs a simplified version of the same tiering: return of capital, compounding pref, catch-up and two promote tiers.
What about GP catch-up?
Yes. The engine pays GP catch-up tiers configured from your class terms; we set them up with you from the operating agreement when you onboard.
Run your next raise on one platform.
Sign up free and build your first deal today. Upgrade only when you collect investor money — and if you are moving from another platform or from spreadsheets, we migrate you at no cost and your first month is free.