The challenge of distinguishing EMx from IRR

A roll of US dollar bills stands upright between white and black chess pieces set up for a game, symbolizing the connection between money and strategy or competition.

Investors often ask about the difference between an internal rate of return (IRR) and an equity multiple (EMx), which is the multiple on invested capital (MOIC). Multifamily real estate has a standardized method for assessing and comparing an investment’s financial performance, associated risks, and potential returns through quantitative metrics. Performance indicators, such as IRR and […]