Real Estate Investment Banking Advisory Services

Our professionals have closed over $3 billion of real estate investment banking transactions. This experience allows our real estate professionals to provide our clients with prudent advice, superior execution and access to critical relationships. We will structure and custom tailor transactions to meet our clients’ major objectives and specific financial needs.

Joint Ventures, Private Real Estate Equity
Western Reserve Partners has deep experience in raising joint venture equity for sponsors of all asset classes looking for an institutional equity partner. Western Reserve Partners has established deep relationships with public REITs, private equity funds, pension funds, and pension fund advisors that are looking to make direct equity investments in real estate, on both the project and programmatic levels. Western Reserve Partners’ work includes capital raising through creative joint venture structures that maximize returns for both the sponsor and institution.

Credit Tenant Lease Transactions
Credit tenant lease transaction, or CTLs, are bondable leases designed for landlords owning or developing properties for public or private tenants of BBB- credit quality or better, which allow a landlord to achieve over 100% property leverage. Tenants benefit from CTL transactions through lower lease payments and improved debt ratios. Western Reserve Partners works with property owners and developers to create innovative CTL transactions and unlock the total value of a property for both landlord and tenant.

Exchanging Properties for Operating Partnership Units
Private companies with real estate portfolios containing $25 million or more in properties of a single asset class should consider exchanging their properties for operating partnership units in a public Real Estate Investment Trusts to unlock their equity and achieve diversification:

  • Private owners of real estate are able to exchange their properties on a tax free basis for OP Units in a REIT, thus eliminating the need for Section 1031 exchanges.
  • OP Unit recipients are able to benefit from stock price appreciation of the public REIT stock as well as receiving their stable cash flow from quarterly dividends.
  • OP Unit exchange transactions are highly complex and require experience with these sophisticated negotiations.