Being able to assist in all parts of the capital stack is not only important in today’s volatile environment, but is something that RPC prides itself on as a strength. Many of RPC’s clients seek assistance in formulating the capital stack beyond the reach of traditional debt financing. We welcome the opportunity to assist new clients who have strong investment opportunities and accomplished track records who have a need for mezzanine, preferred and equity financing.
What differentiates RPC is our eager willingness to get involved early in transactions and assist clients with underwriting to “reverse engineer” transactions to make sure the development program lends itself to optimal financing. In most instances, when an opportunity has merit, RPC can assist and further the client’s goals by bringing together the analysis, the credibility and the right deal structure to get deals closed.
Equity and Mezzanine Capital – Access
RPC’s longstanding and well developed relationships with a very dynamic range of companies willing to deploy capital into transactions along with our ability to perform a “deep underwrite” of transactions through a principal’s lens, and to identify varying risk/reward characteristics and recognize the appropriate “match” is what sets us apart from the majority of firms that take a more programmatic approach.
RPC has longstanding relationships with wealthy individual investors, principals in the building trades and institutional private equity investors who are focused on limited partner and principal investing in opportunities presented through our firm.
Whether for land development, pre-leased site development, project finance, acquisition funding, repositioning, or distressed note purchases, RPC’s national contacts include capital providers with the ability to quickly underwrite and fund opportunities. The principals of RPC have placed or participated in over $400 MM of investment in these types of situations.
Property/Assets – Exposure
Based on RPC’s broad relationships locally, regionally, and nationally, we often have unique access to and knowledge of opportunities – in many cases before they “hit the market.”
As a result, owner-operators often rely on RPC to assist in executing a transaction at one or more levels of the capital stack, and capital providers frequently update their search criteria with us to help fulfill their capital allocation goals.
This dynamic positions RPC uniquely in the middle market as the “first call” or “go-to” firm to help deals come to closure. As we are not a real estate broker (although we possess the capability), we are often treated as an insider and advisor in investment sales transactions. The company’s solid bench of seasoned capital markets professionals and financial analysts bring a unique execution capability to bear, whereby RPC is not only the intermediary, but also a key advisor and problem solver to our clients.
Single Tenant Leases – Expertise
RPC has a successful track record of assisting owners of single tenant properties restructure leases, obtaining non-recourse senior debt for below-investment-grade tenants, and/or executing the sale of properties either through a private offering or a 1031 exchange basis.
Based on the firm’s relationships with buyers, sellers, wealth managers, and professionals in broad geographies, RPC is well positioned to help institutions, funds, families, and individuals accomplish their capital allocation or wealth transfer needs.
Off Market Transactions – Trust
RPC’s principals are frequently exposed to opportunities before they emerge and often assist clients in developing CRE monetization ideas because of our role and track record as trusted advisors. While the firm does not take listings and is not in the business of marketing opportunities broadly, we do access opportunities and investable situations that ultimately benefit our clients through acquisition or disposition.