It is important to design deals around realistic project proformas and development timelines with an adequate exit sale price & cap rate, project cost and duration cushion. Most capital partners see lots of projects and are in tune with what is going on in the market. It will add to your credibility by presenting realistic…
So how do we navigate the forest of sourcing and structuring our big project pipeline? After putting in a tremendous amount of serious time and effort into our capital markets activities and over time establishing many well-conceived working capital partner relationships, we have learned a few things that are worth highlighting. For a start, some…
In my 37 years in the development business, the subject of project financing is one that comes up all the time. The discussion invariably starts out with a few good points about what kinds of capital are out there and the better alternative capital structures yet seldom leads to any clear-cut consensus on what are…