Finance & Advisory

Building exterior

We customize financial solutions to meet long-term real estate strategies

We’ve financed over $2.5 billion in the past 3 years alone.

Gilbane conducts a rigorous analysis of transaction options including cost of occupancy, operating, control, risk profile, and balance sheet treatment objectives. We are experts in transactions involving public-private financing and low-income housing tax credits, as well as traditional debt/equity structures. There are many variables that factor into the determination of an appropriate ownership structure and, ultimately, cost of occupancy. Key factors include:

  • Lease/ground lease term, structure, and covenants
  • Credit quality  
  • Accounting treatment of lease obligation and improvements
  • Investment quality  
  • Risk profile of the client (e.g., ability/willingness to take interest rate exposure)
  • Risk profile of the Developer/Lessor
  • Allocation of tax and property residual value
  • Availability of tax incentives/public subsidies
  • Capital market environment
  • Capital structure–debt/equity requirements

Our delineated process integrates and organizes the myriad of interrelated activities such as site identification, design, schedule, debt placement, construction and fit-out with the factors above to ensure timely and informed decision-making, resulting in the creation of a realistic capitalization plan.


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East Chicago student housing

Let’s talk about your project.

Our team would love to talk with you about how Gilbane can add value to your mission.