investors who fund private real estate ventures with sponsors are often amenable to sharing the upside with that sponsor. Usually, however, before any upside sharing of cash flow occurs, the investors would require:

A. Guarantee of performance from the sponsor

B. "preferred return" on the invested capital

C a complete and final accounting of all prfoits over the life of the deal

D. A "bond" or insurance policy of some sort guaranteeing the return at least their capital amount