Project Developers

In today's challenging economic climate, finding reliable funding sources can be frustrating.  Fortunately, we have a direct relationship with a large investment fund that is investing in large-scale development projects.  Moreover, we charge no up-front fees. If your project does not fund, you pay nothing.  Period.

What kind of opportunities are we looking for?

We are interested in large (over $25 million) commercial real estate projects.  In general, our investment fund has three main criteria:

1. The project is new development (no refinancings) and is "shovel-ready", i.e., ready to break ground within 30-60 days of approval;

2. The market fundamentals for the project are sound;

3. The development team has a significant financial stake in the project and has experience developing the type of project contemplated.

What industries are we focused on? (Click here for more information)

Virtually all types of commercial real estate (no 100% residential projects) including: hotel resorts and casinos; alternative energy (solar, wind, geothermal, hydro, biomass, waste conversion, etc.); medical facilities; public-use facilities; infrastructure (highway, rail, bridges, roads, etc.); industrial real estate; recreational facilities, etc.

What is our typical financing structure? (Click here for more information)

Our funding source provides 100% joint venture equity financing.  In so doing, they cover 100% of the total project costs including, in most cases, monies the developer has already expensed for soft costs, pre-development, etc.  In other words, they will allow the developer to recover capital that has already been invested in the project by including it in the total financing amount.

What is Our Process? (Click here for a detailed description)

After a project summary form has been submitted, the project is sent to underwriting where a Letter of Intent (LOI) is issued once the project has been approved.  The due diligence period usually lasts from 45-60 days, after which a Conditional Commitment to Invest (CCI) is issued.  After all terms and conditions in the CCI have been satisfied, the deal is closed.

Ready to get started? Click here to download a free evaluation form.

For more information please contact: James Robinson at (602) 896-9000.