Entitlement, capital, and path to completion
PACT lends across the development arc, from acquisition and entitlement through site improvements and vertical construction. Each transaction is evaluated against entitlement status, sponsor track record, capital stack and a credible path to completion or sale.
PACT lends and advises across income-producing and transitional commercial real estate. Each transaction is evaluated through the asset's collateral position, cash flow and a credible plan to a defined exit.
PACT lends and advises across income-producing and transitional commercial real estate. Each transaction is evaluated through the asset's collateral position, cash flow and a credible plan to a defined exit.
Housing capital
overview
Sub-asset classes
Capital Deployed
M
Transaction Range
Geographic Concentration
Western U.S.
Land & Entitlement
Acquisition of raw or partially-improved land, including pre-development entitlement processing and ag-to-development transitions. Sponsor track record, entitlement path and water position evaluated together.
Land & Entitlement
Acquisition of raw or partially-improved land, including pre-development entitlement processing and ag-to-development transitions. Sponsor track record, entitlement path and water position evaluated together.
Horizontal Development
Site improvements taking entitled land to lot-ready status, including grading, utilities, drainage and access. Engineering scope, capital stack and absorption assumptions evaluated together.
Horizontal Development
Site improvements taking entitled land to lot-ready status, including grading, utilities, drainage and access. Engineering scope, capital stack and absorption assumptions evaluated together.
Vertical Construction
Ground-up residential, multifamily, mixed-use and industrial construction across California. Sponsor track record, construction budget and a credible path to completion or sale evaluated together.
Vertical Construction
Ground-up residential, multifamily, mixed-use and industrial construction across California. Sponsor track record, construction budget and a credible path to completion or sale evaluated together.
How PACT structures capital
PACT structures development land credit around the site, the approval path and the sponsor’s execution plan. Each mandate is sized to the capital need, timeline and path to refinance, sale or vertical delivery.
Land acquisition and entitlement credit
RAW LAND · APPROVAL PATH
Horizontal development financing
SITEWORK · UTILITIES · LOT DELIVERY
Construction and completion capital
DRAWS · MILESTONES · EXIT
Capital advisory mandates
STRUCTURE · LENDER ALIGNMENT
How PACT structures capital
PACT structures development land credit around the site, the approval path and the sponsor’s execution plan. Each mandate is sized to the capital need, timeline and path to refinance, sale or vertical delivery.
Land acquisition and entitlement credit
RAW LAND · APPROVAL PATH
Horizontal development financing
SITEWORK · UTILITIES · LOT DELIVERY
Construction and completion capital
DRAWS · MILESTONES · EXIT
Capital advisory mandates
STRUCTURE · LENDER ALIGNMENT
How PACT structures capital
PACT structures development land credit around the site, the approval path and the sponsor’s execution plan. Each mandate is sized to the capital need, timeline and path to refinance, sale or vertical delivery.
Land acquisition and entitlement credit
RAW LAND · APPROVAL PATH
Horizontal development financing
SITEWORK · UTILITIES · LOT DELIVERY
Construction and completion capital
DRAWS · MILESTONES · EXIT
Capital advisory mandates
STRUCTURE · LENDER ALIGNMENT
Discuss a housing capital transaction or allocation