Financing forevery stage of development
Land acquisition, pre-development, construction and refinancing each carry different risks. We structure capital around the stage of your project, rather than a standard financing product.
When we get involved
Land acquisition
Land acquisition finance, potentially before a final building permit, subject to suitable security and an assessed route through the approval process.
Pre-development
Funding for design, approvals, utility connections and the work needed to prepare for construction.
Construction
Structures that top up bank debt, including mezzanine agreed with the lender. They let you set how much of your own equity goes in, across the whole portfolio.
Refinancing and exit
Restructuring on better terms after construction, buying out a partner or preparing for a portfolio sale.
Different projects, different priorities
A developer preparing the next scheme. A landowner considering a stake in the project. A company financing an acquisition to a fixed deadline. Each situation calls for its own assessment and structure.
Projections need to withstand scrutiny
We start with the actual location: competing developments, transaction prices, demand and a realistic pace of sales or letting. We then test the budget and timetable. Even a well-designed building cannot support a financing case built on unrealistic assumptions.
Market evidence is tested against the individual project and its timetable. A broad trend does not replace a project-level assessment.
Documents for an initial review
Cadastral extracts and plans, legal title information, a zoning decision or permit, an initial budget and timetable, plus details of sponsor equity and the delivery team.
Let us know which documents are still outstanding. This helps establish the project’s readiness and the work needed next.
Questions developers ask most often
- Will you finance a land purchase before the final building permit is issued?
- We can, but it is a different transaction and a different price for risk. We look at the legal position, the stage of the administrative proceedings and what secures repayment if the permit does not become final.
- I have a preliminary agreement and fourteen days to pay.
- That is a standard case for bridge financing, and the deadline can be met if the documents and security are in place. The repayment source decides it. The sooner we see the transaction, the more honestly we can tell you whether the deadline is realistic.
- I have a bank loan, but I’m short on equity.
- That is the most common reason anyone reaches for mezzanine. It requires reviewing the loan agreement, agreeing our entry with the bank and setting the order of repayment and security. Without the bank’s consent this route is closed.
- Do you work with PRS and condo projects?
- Yes. Letting rather than selling changes everything about cash flow and investment horizon, so we factor it in from the first conversation, not at the documentation stage.
- What if I don’t have all the documents yet?
- That is a normal starting point. Let us begin with where the project stands; you will get the list of missing documents in full, with what is needed now and what is needed only before funds are released.
Let’s talk about the specifics.
Tell us your objective, project size and key deadline. We’ll explain whether and how we may be able to help.
Get in touchWolf VenturesMonday to Friday, 9:00 am to 5:00 pm[email protected]
Registered officeul. Tadeusza Saloniego 1/1
40-712 Katowice