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Assume the original equity investors ( preferred 9 0 % and sponsor 1 0 % ) have been paid in full ( i . e
Assume the original equity investors preferred and sponsor have been paid in full ie their initial investments of $ and $ have been distributed, respectively and that $ is still available to be distributed. The partnership agreement calls for the distribution to be made pro rata pari passu until the preferred partner reaches a return of Further assume the sponsor made an initial investment of in year ; and received distributions of $ in year ; $ in year ; $ in year ; and $ in year when the property was sold. What dollar amount is required to be distributed to the preferred partner in year to achieve her preferred return of
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