Gabe Einhorn
@gabeeinhorn
Working on a $70M ground-up condo development on the West Coast. Sponsor’s been sitting on the land for 2+ years and now wants to go vertical — but with ~80% LTC and aggressive pricing. Tough ask in this market. But here’s how we’re structuring it: Option 1: ~80% LTC, higher cost, tighter structure Option 2: ~75% LTC, better pricing, smoother terms Option 3: ~70% LTC, lowest cost, no exit fee Each one has trade-offs. The key? Structuring the capital stack to fit the actual business plan. If you’ve worked on creative financing for ground-up deals (or seen a wild capital stack lately), I’d love to hear about it.
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rockaroller
@rockaroller
The high end real estate in the near future will be to be around nature - of course in a sophisticated way... And it will be pricy ...
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Gabe Einhorn
@gabeeinhorn
Nature focused real estate will be a great approach. What do you do?
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