Redpoint is currently advising on $2 billion of sponsor driven hospitality, multifamily and mixed-use resort development and expects there to be unprecedented opportunity over the next several years due to current market dislocation, capitalization rate adjustments, unprecedented liquidity, and significant changes in consumer demand.
Capital market advisors are playing increasingly important roles in arranging and structuring project financing. With multiple factors at play adding significant difficulty to the process, including higher interest rates and senior lenders reducing proceed levels potentially leaving a gap between a borrower’s equity and the senior mortgage.
Putting together a capital stack has become more challenging than prior to the current periods of disruption. Now that there are opportunities to include preferred equity, mezzanine, C-PACE, EB-5, and in some cases QOZ capital, structuring has taken center stage.
Redpoint understands how to navigate the markets to provide the best execution available as well as examining leverage and recourse vs non-recourse options.