Real-estate funds typically split equity between general partners and limited partners, like 70/30, with management and acquisition fees disclosed separately. A tool called Titan 23 imports deal materials and automatically generates analysis questions to speed up project review.
You might be covering this in a second. How would you break up between the GP and the LP? So go ahead and go down. I think you guys maybe had it set up as an 80/20, right? 70/30. 70. So as a 70/30, it would be set up that way. It would have management fees that we split. It would have acquisition fees if necessary. It would have development fees if necessary, but all of that would have to go into the disclosure. If you go back up, go back over to the conversation that I was having with it, Catherine. I can show them now what that, what that looks like. Yep. In the equity raised project review, what we did was I took, I took the documents you guys provided us with, slide deck. And then I also, you guys remember the one that I created for you as far as from the opportunity zone side, and I imported them into this, into this model that I created for Titan 23, where it again is supplying us with just the knowledge base. And then it's able to go through and pick out and dictate to us some of the project's finer points and get— ask questions. Go ahead and slide up all the way to the top of this prompt.
