Township Capital specializes in deploying programmatic, passive co-GP equity alongside institutional commercial real estate sponsors.

TYPICAL
Real Estate JV Capital Stack
  • syndicated gp equity
  • sponsor gp equity
  • lp equity

40%

EQUITY

60%

DEBT

A typical real estate joint venture has a capital stack that is ~60% debt and 40% equity.

The sponsor, or General Partner (GP), typically partners with an investor, or Limited Partner (LP) in a joint venture to capitalize the requisite equity.

A common equity split between LP and GP is 90/10.

Sponsors can syndicate a portion of their requisite GP equity to outside retail investors.

Alternatively they can use Township as a single entity, institutionally structured investor.

TOWNSHIP CAPITAL
Real Estate JV Capital Stack
  • Township gp equity
  • sponsor gp equity
  • lp equity