Build the capital plan around the project.

01 · Transaction fit

Who this path is for

Sponsors evaluating commercial investment acquisitions, substantial repositioning or ground-up construction. Property type, project size, sponsor experience, geography and development stage determine which capital sources may be appropriate; a connected program is not established for every project.

02 · Funding structure

How the financing works

Separate land or acquisition cost, hard construction, soft costs, professional reports, financing costs, contingency and carrying reserves. Identify when each source is available, its conditions, lien position and repayment priority. Construction disbursements require lender-specific controls.

03 · Repayment

Plan the exit before the closing

Model stabilization and a supported permanent refinance or sale. Test delays, cost overruns, lower occupancy and reduced takeout proceeds. Proposed grants, tax credits, public funding and subordinate capital remain uncommitted until documented and approved.

04 · File preparation

What to have ready

• Sponsor and entity information, financial evidence, relevant track record and proposed equity sources.
• Purchase or site-control documents, title, zoning, access, environmental and other applicable diligence.
• Plans, permits or entitlement status, contractor information, detailed budget, schedule and contingency.
• Market study or comparable evidence, operating projections, leases or preleasing where applicable, and the full capital stack.

You can begin before these items are complete. Your reusable borrower file comes first; property-specific evidence follows when a transaction is identified.