The Business Behind the Deals: Why the Sponsor Platform Needs Its Own Capital Strategy
Most real estate sponsors think about capital in one direction only: into deals. Find the asset, underwrite the opportunity, structure the raise, close the investors, deploy the equity. That sequence is where the attention goes, where the legal and operational energy is concentrated, and where the sponsor’s professional identity is centered. The deal is the […]
Securities Disclosure Trends in Real Estate Offerings
Every real estate capital raise contains at least one moment when the sponsor is tempted to let the proforma do the talking. The numbers look compelling. The market thesis is coherent. The deck is polished. What could a few more pages of disclosure risk factors really add? Quite a lot, it turns out — and […]