What we solve
A funding gap, a new development, a recapitalization or a larger opportunity can call for the right ownership partner, not simply more leverage.
Home / EquityThe capital partner.
For what comes next.
Need investment capital beyond the loan and your own contribution? We help you define the equity requirement, position the opportunity and connect with prospective partners whose objectives fit the project.
Discuss your transaction
What we provide
Equity strategy, partnership and capital-structure analysis, financial modeling, investor materials, targeted introductions and support through partner discussions.
Where we work
Joint-venture and common equity, preferred equity, GP and co-GP capital, recapitalizations and programmatic partnerships, as appropriate to the assignment.
Partnership architectureBuild the partnership.
Build the partnership.
Before the waterfall.
Explore the questions behind an equity relationship: contributions, authority, economics and the path through a changing business plan.
Different roles. Shared exposure.
Sponsor / operating partnerExecution
+Business plan, project oversight and agreed capital contribution.
Capital partnerInvestment
Committed capital, investment parameters and negotiated protections.
Work product
Capital requirement, partner profile and contribution framework, including future funding obligations.
Decide how decisions get made.
| Decision | Agreement should address |
|---|---|
| Annual budget | Who proposes, approves and monitors the plan. |
| New debt or capital | Consent rights, funding obligations and dilution. |
| Material scope changes | Approval thresholds and information requirements. |
| Sale or refinance | Authority, timing and the treatment of competing interests. |
Rights are negotiated in the governing documents; no one structure applies to every partnership.
Contribution is not ownership.
Available cashAgreed return prioritiesCapital return & residual sharing
We examine preferred returns, distributions, promotes, fees and the assumptions beneath them. The sequence shown is conceptual; the actual waterfall follows the partnership documents.
Work product
A modeled economic framework with visible assumptions and points requiring agreement.
Plan for the next chapter.
Partner fit includes the ability to navigate delays, budget changes and a different exit timetable. We coordinate the investment narrative, diligence requests and open commercial points with the sponsor and prospective partner.
| Before commitment | During the partnership |
|---|---|
| Confirm mandate and fit | Reporting and information rights |
| Reconcile business-plan assumptions | Additional capital and remedies |
| Resolve commercial terms | Exit, transfers and dispute provisions |
Work product
Investment materials, diligence coordination and a clear record of unresolved economic and governance points.
03 / Asset classesA property-specific
A property-specific
perspective.
Capital possibilities
Potential sources include banks, agency channels, life companies and private credit, with JV or preferred equity considered where appropriate.
Explore multifamilyCapital possibilities
Bank and life-company financing for suitable income profiles; private credit for transition or construction; partner equity where the plan calls for it.
Explore industrial
Capital possibilities
Banks, life companies, CMBS channels and private credit may be considered against tenant quality, income and leasing needs.
Explore retail
Capital possibilities
Banks and private credit are considered against occupancy, leasing costs and the business plan. Equity needs are evaluated alongside the debt.
Explore officeCapital possibilities
Banks, hospitality-focused credit funds and private credit, with equity partners considered against operating performance and the improvement plan.
Explore hospitality
Capital possibilities
Banks, eligible agency channels and specialist capital sources, evaluated against the community and its operating characteristics.
Explore manufactured housingCapital possibilities
Land and construction lenders, private credit and development equity, aligned with approvals, infrastructure and the execution schedule.
Explore land & developmentCapital possibilities
Bank, private credit and institutional financing paths considered component by component, with a coordinated equity plan.
Explore mixed-useCapital possibilities
Specialist residential construction lenders, banks and private credit for spec builds and development programs; equity considered where suitable.
Explore sfr developmentCapital possibilities
Banks, construction lenders, private credit and development equity, with a potential transition to permanent rental financing.
Explore build-for-rentCapital possibilities
Specialist RTL lenders and private credit for business-purpose acquisition, rehabilitation and bridge financing, with rental takeout considered where appropriate.
Explore residential transitional lendingCapital possibilities
Specialist lenders, private credit and infrastructure or real estate equity may be considered against project readiness, commercial agreements and the capital requirement.
Explore data centersBeyond the contributionAgree the relationship.
Agree the relationship.
Alongside the economics.
Control
Decision rights, consent requirements and responsibilities within the partnership.
Capital obligations
Initial contributions, future funding needs and the treatment of shortfalls.
Distributions
Return priorities, the waterfall and the agreed path to realizing proceeds.
Across the
capital universe.
Balance-sheet lenders. Debt funds. Life companies. REITs. Institutional and private equity. Agency channels and specialty capital.
Explore the sources and structuresYour next moveDefine the partner
Define the partner
the project needs.
Share the capital requirement, sponsorship and business plan.
Discuss partner capital