
Capital Raise
Capital is not the first step in development. Clarity is.
At Belkat, we define the financial framework of a project before it approaches investors.
Our role is to determine how much capital is truly required, what structure best supports the business plan, and how returns should be calibrated to the project profile. We focus exclusively on financial architecture. Not approvals. Not construction. Just disciplined capital structuring that supports execution.
We ensure the numbers make sense before the story is told.
Capital Requirement Definition
We analyze land basis, projected costs, contingency needs, financing assumptions, and operating forecasts to determine accurate equity and debt requirements.
Underwriting Alignment
We validate revenue projections, expense modeling, sensitivity scenarios, and return targets to ensure they reflect credible market conditions.
Capital Stack Design
We structure the appropriate mix of sponsor equity, limited partner capital, senior debt, and where appropriate, preferred or mezzanine capital. The objective is balance and durability.
Investor Positioning
We refine the financial narrative so it clearly communicates use of proceeds, return structure, risk profile, and exit logic.