Debt and Equity Financing

With our fingers on the pulse of the national and global capital markets, we can move quickly to secure both debt and equity financing under the most advantageous terms, even in challenging financial markets.

We have the most extensive database of lenders in the industry and keep our relationships and knowledge of lender appetites, strengths and weaknesses up to date through continual communication occasioned by our strong deal flow.

Several Savills US professionals were in the forefront of establishing the CMBS industry on Wall Street, and others have extensive experience at major "portfolio" lending institutions. Collectively, our team has arranged - either as broker, advisor or senior lending officer - billions of dollars of real estate loans and debt structures over the past decade, including many of the most creative and innovative that the industry has seen.

Our experience and relationships, augmented by our reputation for excellence in underwriting and pre-marketing due diligence,  gives us direct access to senior executive decision-makers and the ability to negotiate preferential financing terms for our clients.

Loan Types

Our debt placement competencies cover a wide variety of loan types, from low leverage fixed rate permanent loans to:

• Predevelopment and development/construction financing
• Hedged, unhedged and partially hedged floaters
• Longer term fixed rate financings
• Bridge loans
• Acquisition loans
• Construction and construction mini-perms
• High loan-to-value debt integrating first and mezzanine positions and B notes
• Structured financings involving conventional first mortgage debt plus participating debt or preferred equity
• Interest-only loans
• Earn out loans
• Land loans
• Infrastructure development loans
• Repositioning loans
• Condo conversion loans
• Specialized asset loans, such as hotel, medical office, nursing and senior housing loans
• Balance sheet loans

Equity and Hybrid Debt

Our experience and expertise extends to equity, mezzanine and highly structured forms of finance. Our creativity with respect to financial engineering and access to key decision-makers is unsurpassed.

Structuring a finance package for a client on a particular project requires financial dexterity and creativity, and the ability to prepare a "three dimensional" model of a capitalization plan that will both maximize profitability for the client and establish credible levels of return at each tier of the capital structure.

The market for this form of capital is constantly shifting, as rates of return fluctuate, new players enter the market and established players either recede or change their investment parameters. Savills LLC monitors these shifts closely and develops appropriate strategies to maximize the benefits and minimize the disadvantages to its clients resulting from such changes.

We add further value by:

• Playing a proactive role in modelling and designing a complete capital plan for an asset or development project.
• Applying our knowledge of the varying structures employed by different capital providers.
• Providing clients with sophisticated sensitivity models that compare alternative proposals under varying "what if" scenarios.
• Playing an active, ongoing role in the negotiation of loan and venture documents throughout due diligence and closing. 

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