Equity Financing

Finance Opportunities

We will provide equity financing into commercial office and multifamily construction and rehab developments.

Preferences:
  • Multifamily
  • Commercial office space
  • Southeast and mid-Atlantic regions
  • $1M-$10M total project size
  • New construction or major rehab
Terms:

Submit a one page proposal to the president, Thomas Eide, and vice president of finance, Hugo Camacho. If we accept, we will issue you a term sheet outlining our investment.

Standard terms:
  • Equity or promissory note secured with deed of trust
  • IRR depends on risk tolerance of deal
  • We manage construction
  • Guarantee to be within 5% of best estimate
  • Fixed-price contract
  • We approve operating budgets
  • We approve or provide management firm
  • We do not participate in the project debt or take lender liability
Guidlines:
  • Owner must participate in equity (degree of investment depends on opportunity)
  • Owner must manage the development (with the exception of financing and construction in which we will assist)
We will provide full development packaging:
  • Includes: loan package, development pro forma, operating pro forma, legal preparation (securities filing, offering circular, operating agreements, memorandum of understanding, promissory note, etc.), lender presentation, investor package, loan closing, due diligence, etc.
  • Fees: $7,000 packaging fee (includes lender presentation) / $4,000 lender presentation and 1% - 2% loan origination (only if loan closes, depending on size) / $3,000 to $15,000 legal preparation (depends on state and complexity of deal).