REAL ESTATE SERVICES
WHAT WE DO
Development Advisory & Capital Structuring
Baker & Maxwell CRE Advisory provides disciplined, market-driven advisory services to real estate owners and developers evaluating ground-up and mixed-use development opportunities.
Our work focuses on decision clarity before capital is committed. We help clients determine whether a project is supported by market fundamentals, properly structured from a capital perspective, and positioned to meet lender and equity requirements.
Market Validation & Feasibility Analysis
We begin with market validation to confirm that a proposed development is supported by local demand, income profiles, and competitive dynamics. This includes demographic analysis, rent support testing, demand depth assessment, and supply pipeline review.
Our feasibility work is designed to answer a simple but critical question:
Should this project proceed as planned, be redesigned, or not move forward?
Capital Structuring & Development Financing Advisory
We advise clients on the optimal capital stack for development projects, including appropriate leverage, debt sizing, and equity requirements. Our focus is on structuring capital in a way that aligns with market risk, project fundamentals, and institutional underwriting standards.
This includes guidance on senior debt parameters, equity contributions, return expectations, and risk allocation prior to engaging lenders or investors.
Institutional-Grade Underwriting & Pro Forma Analysis
Once market feasibility and capital strategy are confirmed, we prepare institutional-grade financial models that support lender and equity decision-making. Our underwriting integrates development costs, lease-up assumptions, financing terms, and return metrics to provide a clear view of project economics and downside risk.
Our models are built to withstand scrutiny from experienced capital partners, not to justify speculative assumptions.
Advisory First. Execution Ready.
We operate as a trusted advisor to ownership, prioritizing clarity, discipline, and risk management. Our process is intentionally sequenced to reduce execution risk and prevent misallocation of capital.
When appropriate, we coordinate with national capital and transaction platforms to support financing and execution under separate agreements.
How Clients Use Us
- Evaluate whether a development concept is viable
- Identify the right capital structure before raising funds
- Understand lender and equity expectations early
- Reduce risk before committing significant time or capital