Private Credit Advisory for Commercial Real Estate

When banks slow down, private credit keeps deals moving. We underwrite, package, and run a controlled lender process for Commercial Real Estate acquisitions, refinances, recapitalizations, and construction. If you want the broader view of our platform approach, see Structured Private Credit and our Real Estate Financing overview.

We turn a property and sponsor into a decision-grade credit file. Scope covers underwriting, structure design, lender-grade materials, and term sheet management through closing. Private credit for Commercial Real Estate can mean unitranche, senior secured, bridge, construction, mezzanine, or preferred equity depending on cash flow, asset quality, leverage tolerance, and time pressure. Outcome is a lender-ready data room, a clear sources and uses story, and a process that stays time-boxed. For a sponsor-side framework, read how to underwrite a Commercial Real Estate deal.

Scope of Services

Underwriting

PSA or term sheet review, timeline, and closing risk mapping
NOI analysis: rent roll, reimbursements, vacancies, capex, and true stabilized view
Debt capacity: DSCR, debt yield, LTV, and downside stress checks
Sponsor review: track record, liquidity, guarantees, and reporting readiness

Structure Design

Senior secured sizing, amortization, reserves, and covenant shape
Bridge and construction mechanics: milestones, interest reserve, and takeout plan
Mezzanine and preferred equity options where leverage is constrained
Security and controls: collateral package, cash management, reporting cadence

Lender-Ready Package

Investment memo built for credit committees and IC review
Model and exhibits: sources and uses, DSCR sensitivity, capex plan, rent roll view
Data room structure and diligence checklist mapped to lender workflows
Sponsor profile, asset management plan, and execution timeline

Term Sheets and Closing Support

Target lender list by asset type, leverage band, and jurisdiction
Q&A management, lender follow-ups, and timetable discipline
Term sheet comparison and selection support based on closing certainty
Closing coordination with counsel and third parties through funding

Private Credit Structures We Coordinate

Senior secured term loans for stabilized assets and cash flow properties
Unitranche facilities for speed and single-lender simplicity
Bridge loans for acquisitions, repositioning, lease-up, or refinance gaps
Construction debt with milestone controls and draw governance
Mezzanine debt for equity gap coverage where the file supports it
Preferred equity where leverage is capped or covenants need breathing room
Recapitalizations and rescue capital when timing and complexity are high
Portfolio and structured financing paths for repeatable assets and platforms

For a direct reference point on one of the most common private credit formats in real estate, see unitranche loans for Commercial Real Estate. If the lender is asking for extra sponsor support, review loan guarantees in Commercial Real Estate. If your mandate is portfolio-scale and repeatable, read asset-backed securitization for Commercial Real Estate portfolios.

Eligibility and Dossier

Best Fit

Acquisition, refinance, recap, or construction with a defined closing deadline
Clear rent roll or operating history and a defensible stabilization plan
Sponsor has a credible equity contribution and liquidity plan
Asset and structure match private credit economics and underwriting reality

Core Dossier

PSA or refinance summary, purchase price or payoff statement, and timeline
Rent roll, trailing operating statements, and capex plan
T12 NOI bridge, vacancy story, and leasing pipeline where relevant
Existing debt schedule, liens, and material legal items
Sponsor background, liquidity proof, and asset management plan

If you are still shaping your equity plan, start with minimum equity required to buy Commercial Real Estate. For a wider market primer, see Commercial Real Estate loan requirements and qualification.

Process

Intake

Mandate signed and dossier reviewed. We confirm asset facts, sponsor profile, equity plan, and the close timeline. We also align on the target structure and lender profile.

Underwrite and Package

We build the memo, model exhibits, and diligence checklist. The data room is structured for lender review with version control and clear document ownership.

Terming Strategy

We define the underwriting narrative, reserve logic, cash management expectations, and covenant priorities. If guarantees or pref equity layers are needed, they are positioned cleanly.

Outreach and Term Sheets

Lenders receive a complete file, not a partial story. We manage Q&A, track term sheets, and support selection based on pricing, covenants, and certainty of close.

Closing Support

We coordinate closing items with counsel and third parties, including diligence requests, conditions precedent, cash management docs, and funding logistics through close.

Pricing Guidance

Advisory retainer from USD 59,500 based on asset type, leverage, and closing timeline
Larger portfolio mandates are priced based on diligence load and process design
Success fees are confirmed in the engagement letter and depend on structure and closed capital
Third-party costs may include legal drafting, appraisal, engineering, environmental, and insurance advisory

This converts when the sponsor can move fast and the file can survive real underwriting. If the equity plan is vague and the timeline is open-ended, lender appetite drops fast.

Request Private Credit Terms for Commercial Real Estate

Share your PSA or refinance summary, rent roll, operating statements, capex plan, equity contribution, and target close date. We respond with eligibility and next steps.

Include any lender conversations to date and any constraints on structure, guarantees, or covenants. We act as advisor and arranger and coordinate execution through regulated counterparties where lending or securities intermediation is required.

Request A Quote

All transactions are subject to KYC and AML, sanctions checks, credit approvals, diligence, and signed agreements. No offer of securities is made.

Financely acts as advisor and arranger. We are not a bank and do not take deposits. Financing outcomes depend on lender approvals, diligence results, legal documentation, and counterparty performance. Nothing here is a guarantee of funding or closing.