We leverage property level returns with prudent, non-recourse financing through the use of primarily first mortgage debt, which is structured to give Parallel Capital Partners the greatest flexibility so as not to impede a timely exit on any investment. All liabilities are separated into stand-alone special purpose entities, minimizing risk in the process. With these principles, we can ensure that a property’s LLC debt level will typically be 55-65% of the property’s initial fair market value.
Methods of Finance
Our financing methods reflect our 30+ years of experience in arranging and structuring equity and debt positions. Our success in this area is a direct result of maximizing financing structures to create value for our partners.
Our methods of finance include:
- Senior secured debt
- Convertible debt
- Construction debt
- Preferred equity
- Subordinated notes
- Mezzanine financing
We consistently provide optimal financing thanks to our years of experience in financing office buildings, land parcels, and industrial and retail assets.
Providing accurate and timely reporting of accounting and financial data is a key component of our financing activities. We focus on three characteristics of useful financial reporting: relevance, understandability, and timeliness.
Our experienced team provides financial reporting for sophisticated real estate investors, funds, lenders, and publicly traded REITs. We produce institutional quality cash, GAAP, and fair value financial reports within required deadlines. We also provide excellent communication and ensure that reporting on all our assets is conducted with the highest level of integrity.