Capital Advisory Group: Debt & Equity Financing

Lee & Associates Capital Advisory Group is built to provide a full array of financial services including debt financing, equity placement, structured finance, recapitalization strategies and CRE advisory services for our clients. Leveraging several decades of industry expertise, creative strategies, and a commitment to excellence.

In today’s ever-changing debt market, it is imperative for an intermediary to provide real-time, accurate information to investors and developers. The Capital Advisory Group provides current and comprehensive information on rates and execution.

Lee & Associates’ proprietary database includes local, regional, national and international banking institutions, life companies, private credit; bridge, construction and mezzanine lenders and direct access to the CMBS market and special situation lenders. We take a tailored and targeted approach with relationship capital sources, while creating appropriate competition.

With expertise in industrial, retail, office/medical office, multi-family, mixed-use, hospitality, self-storage, student housing, and specialty assets, we deliver optimal financing and capitalization structure regardless of product type.

We welcome the opportunity to assist clients in achieving their investment goals and objectives. More than advisors, we are strategic partners with aligned interests; fully dedicated to helping clients succeed in a competitive market.

CASE STUDIES

LEADERSHIP

Northeast, Dave Carswell
Northeast, Gary Sopko
Southwest, Jason Dannat

To contact a debt & equity finance advisor, please click on one of the contacts listed above or visit the professionals tab. 

 

DEBT PLACEMENT SERVICES

  • Permanent Mortgage Financing
  • Bridge Financing
  • Construction Loans
  • CMBS Financing
  • Agency / HUD Financing
  • Credit Tenant Lease (CTL) Financing
  • Mezzanine Debt
  • Debt Recapitalization
  • Discounted Pay-Off (DPO)
  • Land Loans

Our underwriting procedure includes several important steps:

  1. Identify and understand clients’ goals, both short- and long-term
  2. Perform comprehensive financial modeling through reviewing and analyzing the asset’s past operating performance and near-term projected performance
  3. Create a lender-friendly, comprehensive loan submission, competitively bid to targeted lenders
  4. Provide expert negotiation with financing terms while selecting the best lender or investor to meet financing objectives
  5. Manage / provide guidance throughout the due diligence process and ensure smooth closing coordination of the loan transaction

EQUITY PLACEMENT SERVICES

The Capital Advisory Group’s transactional and advisory experience has resulted in relationships with leading equity capital providers both domestic and foreign. Our capital partners provide an array of equity investments including:

  • Preferred Equity
  • Entity Level Investments
  • Family Office
  • High Net Worth Investors
  • Institutional Joint Ventures
  • Foreign / Sovereign Wealth Funds

CAPITAL ADVISORY SERVICES

The group offers a comprehensive range of advisory services including:

  • Hold / Sell Analysis
  • Portfolio / Property Valuations
  • Development Project Proformas / Return Analysis
  • Financing Strategies
  • Acquisitions Underwriting
  • Purchase and Sale Due Diligence
  • Market Studies
  • Broker Opinion of Value (BOV)

FINANCING OPTIONS

PERMANENT MORTGAGES
Fixed rate amortizing debt arranged through commercial and savings banks, life companies and pension funds to finance stabilized assets of all product types, with typical maturities of five, seven and ten years.
CONSTRUCTION LOANS
Floating interest rates, typically tied to SOFR or Prime, with no amortization. Flexible term plus extensions consistent with specific development timeline of the project. Ground-up, substantial rehabilitation or adaptive reuse projects. Interest reserves built into the loan structure eliminating future equity requirements for the Borrower.
BRIDGE FINANCING
Typically floating over SOFR, interest only interim loans for acquisition or renovation of existing assets. Provisions for additional earnouts predicated on “Value Creation” are commonplace. Reserves are created to minimize or eliminate additional equity investment by the Borrower during the loan term. Ability to artificially fix interest rate via a rate cap. Private credit, bank and life company execution available.
COMMERCIAL MORTGAGE BACKED SECURITIES (CMBS)
Fixed rate, long-term mortgage alternative to traditional permanent mortgages. This type of financing is best utilized for high quality assets or portfolios with strong, sustainable cash flows. Ability to solve for a DSCR based on I/O payments. 5- or 10-yr terms available. Non-Recourse.
MEZZANINE & PREFERRED EQUITY
Financing for a Borrower looking to increase leverage to asset value and/or amplify returns to existing equity stakeholders. As this financing is subordinate to the first mortgage, an inter-creditor agreement is often required to secure the second position’s legal rights. Interest coupons are significantly higher and may reach the mid-teens depending on the specifics of the transaction. The term never exceeds that of the first mortgage maturity.
RECAPITALIZATION
This may be as simple as replacing a maturing mortgage loan or more complicated scenarios warranted by a significant change in the property profile necessitating a different loan structure to match the current needs.
DISCOUNTED PAY-OFF (DPO)
There are circumstances when a lender is willing to consider a loan pay-off for less than is owned. In these situations, it is preferable to have an advisor/intermediary experienced in such transactions to represent ownership in the negotiation of terms most advantageous to the ownership.
LAND LOANS
Often in anticipation of a future development project, land must be acquired by the developer prior to the commencement of the entitlement process. Attracting accretive debt requires an understanding of the business plan, including take-out (construction financing and an ability to communicate this to prospective lenders.
Lee & Associates West Los Angeles
1508 17th Street
Santa Monica, CA 90404
Lee & Associates - New York
1211 Avenue of the Americas
New York, NY 10036
Ryan Abel CalDRE #01465094
Lee & Associates - San Francisco
242 California Street
San Francisco, CA 94111
Lee & Associates Commercial Real Estate Services
170 120th Avenue NE
Bellevue, WA 98005
Michael Abernathy CalDRE #00992009
Lee & Associates - San Diego, Inc.
6310 Greenwich Drive
San Diego, CA 92122
Jeff Abramson CalDRE #00956805
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Lee & Associates - Nebraska
200 South 21st Street
Lincoln, NE 68510
Lee & Associates - Atlanta
3500 Lenox Road
Atlanta, GA 30326
Lee & Associates - Arizona
5090 North 40th Street
Phoenix, AZ 85018
Lee & Associates - Chicago
9450 West Bryn Mawr Avenue
Rosemont, IL 60018
Lee & Associates - Nebraska
12020 Shamrock Plaza
Omaha, NE 68154
Frank Adler CalDRE #01000048
Lee & Associates - Newport Beach
100 Bayview Circle
Newport Beach, CA 92660
Charles Adolphe CalDRE #00915194
Lee & Associates - San Diego, Inc.
6310 Greenwich Drive
San Diego, CA 92122
Noel Aguirre CalDRE #01263417
Lee & Associates Los Angeles - Long Beach, Inc.
5000 E Spring Street
Long Beach, CA 90815
Sean Ahern CalDRE #01081324
Lee & Associates - Newport Beach
100 Bayview Circle
Newport Beach, CA 92660
Lee & Associates - Michigan
26555 Evergreen Road
Southfield, MI 48076
Lee & Associates - Chicago
9450 West Bryn Mawr Avenue
Rosemont, IL 60018
Lee & Associates Commercial Real Estate Services
170 120th Avenue NE
Bellevue, WA 98005
Lee & Associates Raleigh-Durham-Wilmington
100 Walnut Street
Cary, NC 27511
Travis Allan CalDRE #01482126
Lee & Associates Industry, Inc.
13181 Crossroads Parkway North
City of Industry, CA 91746
Jesse Allen CalDRE #01047487
Lee & Associates - Los Angeles – Downtown
1201 North Main Street
Los Angeles, CA 90012
Jeff Allen CalDRE #01313074
Lee & Associates Central California
668 Marsh Street
San Luis Obispo, CA 93401
Lee & Associates | Naples - Ft. Myers
11215 Metro Parkway
Fort Myers, FL 33966
Lee & Associates - Michigan
26555 Evergreen Road
Southfield, MI 48076
Lee & Associates - Houston
10497 Town and Country Way
Houston, TX 77024
Lee & Associates South Florida
700 W Hillsboro Blvd, Suite 4-203
Broward/Palm Beach, FL 33441
Lee & Associates West Los Angeles
1508 17th Street
Santa Monica, CA 90404
Lee & Associates - Dallas/Fort Worth
14950 Quorum Drive
Dallas, TX 75254
Keith Anderson CalDRE #01513059 | CalDRE #01513059
Lee & Associates - Ontario
3535 Inland Empire Blvd
Ontario, CA 91764
Lee & Associates - Dallas/Fort Worth
14950 Quorum Drive
Dallas, TX 75254
Lee & Associates - Chicago
9450 West Bryn Mawr Avenue
Rosemont, IL 60018
Lee & Associates - Chicago
9450 West Bryn Mawr Avenue
Rosemont, IL 60018
Lee & Associates - Chicago
9450 West Bryn Mawr Avenue
Rosemont, IL 60018
Lee & Associates - New York
1211 Avenue of the Americas
New York, NY 10036
Lee & Associates - Arizona
5090 North 40th Street
Phoenix, AZ 85018
Al Apuzzo CalDRE #01323215
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Victor Aquilina CalDRE #01936761
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Greg Archer CalDRE #00865994
Lee & Associates Central California
5401 Business Park South, Suite 122
Bakersfield, CA 93309
Lee & Associates Industry, Inc.
13181 Crossroads Parkway North
City of Industry, CA 91746
Tim Arguello CalDRE #01055859
Lee & Associates - Newport Beach
100 Bayview Circle
Newport Beach, CA 92660
Alfredo Arguello CalDRE #02015175
Lee & Associates - Riverside
25240 Hancock Avenue
Murrieta, CA 92562
Ian Armbruster CalDRE #02151900
Lee & Associates - Ontario
3535 Inland Empire Blvd
Ontario, CA 91764
Chris Armes CalDRE #01379750
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Nathan Arnold, CCIM MN #20153149
Lee & Associates - Twin Cities
1601 Utica Avenue South
Minneapolis, MN 55416
Matthew Artukovich CalDRE #01188251
Lee & Associates Industry, Inc.
5675 Telegraph Rd
Commerce, CA 90040
Anita Artukovich CalDRE #00851588
Lee & Associates Industry, Inc.
5675 Telegraph Rd
Commerce, CA 90040
Clarke Attaway SC #110474
Lee & Associates Charleston
960 Morrison Drive
Charleston, SC 29403
Michael Avendano FL #SL3323947
Lee & Associates South Florida
7925 NW 12th Street, Suite 301
Miami, FL 33126
Lee & Associates - Atlanta
3500 Lenox Road
Atlanta, GA 30326
Lee & Associates West Los Angeles
1508 17th Street
Santa Monica, CA 90404
Dan Bacani CalDRE #01385413
Lee & Associates - Pasadena
1055 E. Colorado Blvd.
Pasadena, CA 91106
Peter Bacci CalDRE #00946253
Lee & Associates Industry, Inc.
5675 Telegraph Rd
Commerce, CA 90040
Lee & Associates - WBE, LLC
110 Fieldcrest Avenue
Edison, NJ 08837
Christian Baena FL #SL3389402
Lee & Associates South Florida
7925 NW 12th Street, Suite 301
Miami, FL 33126
Olivia Baffert CalDRE #02211874
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Lee & Associates Commercial Real Estate Services
320 W Galer Street
Seattle, WA 98119
David Bailey TN #357100
Lee & Associates - Nashville
333 Commerce Street
Nashville, TN 37201
Lee & Associates Raleigh-Durham-Wilmington
100 Walnut Street
Cary, NC 27511
James Bakker, CCIM SC #88584
Lee & Associates Charleston
960 Morrison Drive
Charleston, SC 29403
David Bales CalDRE #01388502
Lee & Associates Industry, Inc.
5675 Telegraph Rd
Commerce, CA 90040
Erica Balin CalDRE #01481476
Lee & Associates - North Los Angeles
5707 Corsa Avenue
Westlake Village, CA 91362
Jason Bantel, CCIM FL #SL666097
Lee & Associates Central Florida
1017 E. South Street
Orlando, FL 32801
Brian Barden CalDRE #01439766
Lee & Associates - Oakland
555 12th Street
Oakland, CA 94607
Lee & Associates - Vancouver
475 West Georgia Street
Vancouver, BC V6B 4M9
Lee & Associates Charleston
960 Morrison Drive
Charleston, SC 29403
Lee & Associates | Naples - Ft. Myers
7400 Trail Boulevard
Naples, FL 34108
Zack Barnes CalDRE #01971978
Lee & Associates - Oakland
555 12th Street
Oakland, CA 94607
Lee & Associates - St. Louis, LLC
1 McBride & Son Center Drive Suite 140
St. Louis, MO 63005
Chris Barnett CalDRE #00924416
Lee & Associates - Newport Beach
100 Bayview Circle
Newport Beach, CA 92660
Travis Barnett CalDRE #02069500
Lee & Associates - Irvine
9838 Research Drive
Irvine, CA 92618
Lee & Associates - Nebraska
12020 Shamrock Plaza
Omaha, NE 68154
Brian Barson CalDRE #01945282
Lee & Associates - Newport Beach
100 Bayview Circle
Newport Beach, CA 92660
TC Bartoszek OH #SAL.2014000103 | KY #222437
Lee & Associates Cincinnati
10260 Alliance Road
Cincinnati, OH 45242
Lee & Associates - Vancouver
475 West Georgia Street
Vancouver, BC V6B 4M9
Lee & Associates - Dallas/Fort Worth
14950 Quorum Drive
Dallas, TX 75254
Allen Basso CalDRE #01298152
Lee & Associates - Irvine
9838 Research Drive
Irvine, CA 92618
Lee & Associates - Arizona
5090 North 40th Street
Phoenix, AZ 85018
John Battle, SIOR CalDRE #00700493
Lee & Associates - North Los Angeles
5707 Corsa Avenue
Westlake Village, CA 91362
Lee & Associates Commercial Real Estate Services
950 Pacific Avenue
Tacoma, WA 98402
David Bauman, SIOR, CCIM NV #S.0182687
Lee & Associates Las Vegas
8708 Spanish Ridge Avenue
Las Vegas, NV 89148
Kevin Bayless CalDRE #01788899
Lee & Associates - Irvine
9838 Research Drive
Irvine, CA 92618
Lee & Associates - Vancouver
475 West Georgia Street
Vancouver, BC V6B 4M9
Lee & Associates - Indianapolis
10201 N. Illinois Street
Indianapolis, IN 46290-1114
Austin
1221 S MoPac Expwy, STE 310
Austin, TX 78746
Lee & Associates - Dallas/Fort Worth
14950 Quorum Drive
Dallas, TX 75254
Mattison Behr CalDRE #02091054
Lee & Associates - Los Angeles – Downtown
1201 North Main Street
Los Angeles, CA 90012
Lee & Associates South Florida
7925 NW 12th Street, Suite 301
Miami, FL 33126
Lee & Associates Commercial Real Estate Services
170 120th Avenue NE
Bellevue, WA 98005
Ryan Bennett CalDRE #01826517
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Alex Bentley CalDRE #02062959
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Justin Bentley SC #131046
Lee & Associates Greenville / Spartanburg
201 W. McBee Ave.
Greenville, SC 29601
Lee & Associates Greenville / Spartanburg
201 W. McBee Ave.
Greenville, SC 29601
P. Randall Bentley, SIOR, CCIM SC #2953 | NC #139403
Lee & Associates Greenville / Spartanburg
201 W. McBee Ave.
Greenville, SC 29601
Lee & Associates - North Los Angeles
5707 Corsa Avenue
Westlake Village, CA 91362
Lee & Associates - North Los Angeles
2775 N. Ventura Rd.
Oxnard, CA 93036
John Berger CalDRE #01799514
Lee & Associates - Pasadena
1055 E. Colorado Blvd.
Pasadena, CA 91106
Lee & Associates Idaho, LLC
1161 W. River St.
Boise, ID 83702
Lee & Associates - Western Pennsylvania
11 Stanwix St
Pittsburgh, PA 15222
Stevie Berman CalDRE #02242051
Lee & Associates - North San Diego
1902 Wright Place
Carlsbad, CA 92008
Lee & Associates | Naples - Ft. Myers
7400 Trail Boulevard
Naples, FL 34108