THE FINANCING QUESTION
When this becomes relevant.
Start with the business circumstance, rather than choosing a product in advance.
- A sponsor is acquiring an income-producing property.
- A commercial mortgage is approaching maturity or needs refinancing.
- A property requires transitional financing before stabilization.
- Ownership is assessing a recapitalization, cash-out request or change in debt structure.
THE ASSESSMENT
What we examine.
These considerations shape the financing discussion and the information required for a meaningful review.
| Review area | What matters |
|---|---|
| Property fundamentals | Location, condition, tenancy, lease duration, occupancy, expenses and market context. |
| Capital position | Value support, existing debt, lien priority, sponsor equity, reserves and the requested leverage. |
| Repayment & exit | Debt service coverage, stabilization assumptions, sale plans and credible refinancing conditions. |
THE STRUCTURING PERSPECTIVE
A plan that fits the situation.
Property type alone does not determine the financing route. Retail, office, industrial, mixed-use, hospitality and multifamily assets each have different cash-flow and underwriting considerations. We examine those characteristics before matching the request to an appropriate financing category.
TRANSACTION READINESS
What to prepare.
Begin with a concise overview. Detailed and sensitive records follow through an agreed delivery method.
- Rent roll, leases, operating statements, tax and insurance information.
- Ownership records, existing financing, estimated value and available appraisals.
- Purchase agreement or refinancing objective, sources and uses, and sponsor information.
The document list is indicative. The agreed service role, lender requirements and transaction circumstances determine the final package.