OUR APPROACH
Investment Process
Market
Analysis
Source
Investment
Opportunities
Underwriting
and Investment
Analysis
Structuring
and Asset
Management
Market Analysis
RE Capital produces a research document for its
investors where it presents
its assessment of the markets in which we operate
This allows us to identify trends, patterns and
abnormalities, i.e.,
investment opportunities
Source Investment Opportunities
Source investment opportunities through our
team members ‘privileged
access to the key players in the Pan-European Real
Estate sector
Underwriting and Investment Analysis
Focused on downside protection when underwriting investments
Conservative underwriting to replacement cost and comparables
Run several scenarios to
support the underwriting
process, including a scenario
not depending on economic growth, rent or residential
price appreciation
Incorporate market views,
local market data comparables and sensitivity analysis on the key parameters
Structuring and Asset Management
Continually review options for refinancing and/or
de-risking, with the
flexibility to exit deals ahead of the original business plan
Constant contact with developers and sponsors
to obtain up to date information on the
development and/
or refurbishment process
Coordinate with third-party brokers and partners in
connection with refinancing and exit options
DRAW-DOWN PROCESS
1
2 Independent Appraisals Produced By a Top Tier RE Advisor
2
Comparable Market Analysis Document Produced by a Tier 1 RE Advisor To Support Key Assumptions
3
Legal DD Finalized
4
Investment Committee Approval
5
Loan Agreement Agreed and Signed
6
Intercreditor Agreement Agreed and Signed (if applicable)
7
Conditions Precedent For Draw-Down Fulfilled
8
Share Pledge Signed
9
Mortgage Registered (if applicable)
Draw-Down Seed Investors Capital