Capital Stack

Capital Stack

Capital StackCary Clarke
Published on: 01/06/2026

I have had several readers ask me, “What is a Capital Stack?” Well, in simple terms, it is a collection of participants playing different roles in a financial transaction. At a basic level, the capital stack is composed of two parts – debt and equity

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Using the P.I.L.A.R. Method  to Preserve Capital

Using the P.I.L.A.R. Method to Preserve Capital

Using the P.I.L.A.R. Method  to Preserve CapitalCary Clarke
Published on: 25/05/2026

If you read my article on “Return Metrics” last week you know how important Capital Preservation is to me. I mentioned that numbers matter, but disciplined execution matters just as much.

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Return Metrics

Return Metrics

Return MetricsCary Clarke
Published on: 18/05/2026

There’s a lot of confusion around returns for investments these days. When analyzing a deal, which metric should you be looking at? How do you compare different investments against each other? Do the metrics take the time value of money into consider

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Syndications and Deal Structure

Syndications and Deal Structure

Syndications and Deal StructureCary Clarke
Published on: 12/05/2026

If you read my article a few weeks ago “What is an Accredited Investor?” you learned that the equity portion of our real estate projects are funded through 506(c) offerings which fall under the purview of the Securities and Exchange Commission.

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