Capabilities
Institutional financing across the full capital stack.
FCAP delivers debt, equity, and structured capital for commercial real estate transactions over $5 million — engineered around each sponsor's objectives.
Core focus
Capital Placement
Sourcing and structuring debt and equity for commercial real estate sponsors across the capital stack.
- Senior, bridge, and construction debt
- Preferred and joint-venture equity
- Recapitalizations and refinancings
Core focus
Commercial Loans
Institutional debt execution for stabilized and transitional assets over $5 million.
- Agency, life company, and CMBS
- Bank and debt-fund balance sheet
- Permanent and interim financing
Core focus
Capital Stack Advisory
Engineering the optimal blend of senior debt, mezzanine, and equity for each transaction.
- Structure and leverage optimization
- Mezzanine and structured capital
- Risk-adjusted cost of capital
Selective
Acquisitions
Selective acquisition advisory supporting sponsors through diligence and capital formation.
- Opportunity sourcing and review
- Capital formation support
- Transaction execution
The Capital Stack
Structure determines outcome.
The proportion of senior debt, mezzanine, preferred, and common equity defines a deal's cost, leverage, and risk. We optimize every layer.
Common Equity
Sponsor and LP equity in the first-loss position.
Preferred Equity
Fixed-return capital positioned ahead of common equity.
Mezzanine Debt
Gap financing between senior debt and equity.
Senior Debt
First-position secured financing — the foundation of the stack.
How We Work
A disciplined, transparent process.
Every engagement follows a clear path from understanding the deal to a certain close.
Understand the deal
We start with the asset, the business plan, and the sponsor's objectives — the inputs that determine the right capital.
Structure the capital
We design the optimal blend of debt and equity, modeling leverage, cost, and risk across the full capital stack.
Source the market
We bring the opportunity to a curated set of institutional lenders and investors matched to the transaction.
Execute to close
We manage the process through diligence and documentation to a certain, on-time closing.
Sector Coverage
Across every major property type.
- Multifamily
- Office
- Industrial
- Retail
- Mixed-Use
- Hospitality
- Senior Housing
- Healthcare
- Development Sites