Finance & Advisory
We customize financial solutions to meet long-term real estate strategies
We’ve financed over $2.5 billion in the past 3 years alone.
Gilbane conducts a rigorous analysis of transaction options including cost of occupancy, operating, control, risk profile, and balance sheet treatment objectives. We are experts in transactions involving public-private financing and low-income housing tax credits, as well as traditional debt/equity structures. There are many variables that factor into the determination of an appropriate ownership structure and, ultimately, cost of occupancy. Key factors include:
- Lease/ground lease term, structure, and covenants
- Credit quality
- Accounting treatment of lease obligation and improvements
- Investment quality
- Risk profile of the client (e.g., ability/willingness to take interest rate exposure)
- Risk profile of the Developer/Lessor
- Allocation of tax and property residual value
- Availability of tax incentives/public subsidies
- Capital market environment
- Capital structure–debt/equity requirements
Our delineated process integrates and organizes the myriad of interrelated activities such as site identification, design, schedule, debt placement, construction and fit-out with the factors above to ensure timely and informed decision-making, resulting in the creation of a realistic capitalization plan.
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Our team would love to talk with you about how Gilbane can add value to your mission.