How do you bring the right capital into an office project at each stage of its development?
In Episode 3, I sat down at the L’Horizon Beach Hotel & Spa in Jersey with Martin Johnson, Chief Operating Officer at Empire Global Finance, in Jersey to explore how the capital stack comes together for operational real estate.
Drawing on his experience in banking and finance brokerage, Martin discusses how to match projects with suitable lenders, establish the equity requirement and plan for funding as a building moves from development into stable trading.
Topics Discussed
How pre-lets and evidence from existing sites can support a funding proposal.
Matching a project’s location, track record and income mix to lender appetite.
Working out how much equity is needed, when it goes in and how long it may remain invested.
The role of stabilisation debt between practical completion and longer-term lending.
How the cost and availability of debt can change as occupancy and income become established.
We also explore why valuation reports can shape the entire financing proposal, and why a valuer’s understanding of the operating model matters when lenders assess the deal.
About Empire Global Finance
Empire Global Finance is an independent finance brokerage helping clients arrange debt, with services including property development finance, commercial mortgages and bridging finance.
Learn more about Empire Global Finance
Your Brand on Season 2 of Capital Routes™
Reach the people behind the capital by partnering with us.
