Precision Capital for Commercial Real Estate
Thorne CRE is a boutique commercial real estate finance advisory firm providing tailored debt placement and equity capital structuring nationwide.
We structure debt and equity financing nationwide for commercial real estate owners, investors, and developers through a relationship-driven platform focused on deal certainty, execution quality, and long-term value creation.
Broker-Friendly Platform
We partner closely with commercial real estate brokers and intermediaries to deliver customized capital solutions for complex nationwide transactions.
Comprehensive Capital Stack Coverage
Our advisory services cover the complete capital stack, from senior mortgage debt and mezzanine financing to joint venture equity and preferred equity structures.
Understanding Commercial Real Estate Capital
Commercial real estate debt and equity capital refers to the combination of borrowed funds and investor equity used to purchase, develop, or refinance income-producing property. Debt provides fixed-return capital secured by property assets, while equity provides risk-bearing capital with upside profit potential.
Optimizing your asset’s debt and equity ratio depends heavily on property performance metrics, such as evaluating Net Operating Income (NOI) and debt service coverage ratios to determine total leverage capacity.
Key Capital Advisory Services
Strategic capital solutions tailored to each transaction, from initial capital structure design through closing and execution. We align financing with your investment vision to maximize risk-adjusted returns.
Debt Placement
We arrange senior, mezzanine, and bridge financing through our extensive network of commercial banks, life insurance companies, CMBS lenders, and private debt funds. Whether evaluating cash-flow-driven DSCR loans or selecting between non-recourse vs. recourse debt options, we match capital requirements directly to asset timelines.
Equity & JV Structuring
We assist commercial sponsors in securing limited partner (LP) and joint venture (JV) equity. By aligning economic incentives and governance structures, we construct resilient capital stacks that support long-term liquidity and sustainable performance across asset classes.
Construction & Development Financing
We source ground-up construction loans and heavy value-add capital, guiding sponsors through the construction loan approval process, liquidity requirements, and loan covenants to ensure projects stay on target.
Structuring the Commercial Capital Stack
A well-optimized capital stack balances return expectations against risk exposure. Senior debt sits at the foundation with the lowest cost of capital and highest security priority, followed by subordinate debt (mezzanine financing) and equity partners.
- Senior Debt: First-lien mortgages providing 55% to 75% loan-to-value (LTV) at competitive interest rates.
- Mezzanine & Preferred Equity: Gap capital covering 10% to 20% of the capital stack to minimize common equity requirements.
- Sponsor & JV Equity: Risk capital participating in residual cash flow and property appreciation.
Why Partner with a Boutique Commercial Real Estate Capital Broker?
Navigating commercial credit markets requires institutional lender access combined with high-touch execution. Working with a dedicated advisory team gives borrowers competitive advantages when negotiating interest rate spreads, prepayment flexibility, and covenant terms.
Investors require specialized capital market knowledge that aligns with industry standards established by leading organizations like NAIOP and institutional frameworks outlined by the U.S. Small Business Administration.
Frequently Asked Questions
What is commercial real estate debt and equity capital?
Commercial real estate debt and equity capital encompasses all financing structures used to fund property purchases, development, and recapitalizations. Debt represents borrowed funds with defined repayment terms, while equity represents ownership interest.
What types of commercial properties does Thorne CRE finance?
Thorne CRE structures debt and equity solutions across major asset classes nationwide, including multifamily, industrial, retail, office, hospitality, and specialized commercial real estate developments.
What financing structures are available for commercial transactions?
Capital solutions include permanent senior debt, non-recourse mortgages, bridge financing, mezzanine debt, preferred equity, and joint venture LP equity tailored to property stability and sponsor requirements.