Multifamily · HUD
340+ unit multifamily, Texas
Built the HUD 221(d)(4) financing model and investor materials for a new-construction apartment community.
Closed 2025
For developers and sponsors
Advisory for developers and sponsors
Good projects stall when the financing isn't ready for the people who have to approve it. We help developers and sponsors get the structure and the numbers to that point, and stay with the project after it closes.
Typical starting points: a lender's terms came in short, an equity partner dropped out, or several structures are on the table and it isn't clear which one fits.
01
Capital structuring
Getting the project financed.
How the project is financed: the mix of debt, equity and other capital that fits the deal, and a package lenders and investors will take seriously. Introductions to capital sources where they fit.
02
Development finance and underwriting
Numbers your lender can follow.
The development model and the underwriting behind it, built to answer a lender's or investor's questions before they are asked.
03
Fractional CIO
A part-time head of capital for developers who don't have one.
For developers without an investments function: financing strategy, construction draws, budgets and lender and investor reporting, as an ongoing engagement.
We work alongside specialist counsel, valuation and construction advisors as each deal requires.
Examples
Examples
Senior housing
$40mm+ independent living, Gulf Coast
Structured the ground sale-leaseback for a 129-unit community and supported it through construction.
Closed 2021
Hospitality
700+ key hotel repositioning, Mid-Atlantic
Built the model and investor materials for a flag conversion seeking preferred equity.
Delivered 2019
Build-to-rent
~300 home build-to-rent fund, Florida and Texas
Built the fund waterfall and structure, and supported financing of individual tranches.
Delivered
Examples are anonymized. Details on request.
Talk through your project
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