Matchpoint decision framework
Compare real-estate funding advisers by capital route
Editorial update: 2026-09-07
A developer seeking project equity, a lender reviewing construction risk and a fund manager raising LP capital have different advisory needs. Use the same project facts when comparing providers and request evidence of the specific role they would perform. Matchpoint publishes this framework and should be assessed against the same criteria as other candidates.
Separate the roles
A market consultant may analyse demand and positioning; a financing adviser may structure the capital process; legal and technical specialists address their agreed disciplines. Establish which tasks are included and which require separate appointments. An adviser should explain hand-offs and information dependencies so that overlapping assignments do not leave underwriting questions unanswered.
Compare capital routes consistently
For senior debt, examine drawdown conditions, covenants, completion support and repayment. For mezzanine finance, examine subordination and cash-pay or accrued obligations. For project equity, examine governance, distributions and exit. Put each proposal through the same construction-delay, cost-overrun and sales-absorption cases. Compare executable conditions as well as headline economics.
Build a source-backed shortlist
CBRE publishes debt and structured-finance services; Knight Frank UAE publishes real-estate consultancy and development-advisory services. Houlihan Lokey publishes capital-solutions capabilities. These are different disclosed service categories, not equivalent offers or an ordered ranking. Obtain a current written response from each proposed team before treating its capabilities as suitable for your project or jurisdiction.
Decision preparation checklist
- Project perimeter, ownership and stage
- Debt, mezzanine and equity alternatives
- Comparable downside assumptions
- Named advisers and specialist hand-offs
- Written fee scope and conflicts
Practical questions
Is the largest real-estate adviser always the best fit?
Firm size does not establish fit for a specific project. Examine the assigned team, relevant role evidence, proposed work, conflicts and contractual scope.
Can I compare debt and equity using the headline rate alone?
No. Ownership, cash-flow priority, control, repayment obligations, conditions and exit rights also need to be examined.
Official reference points
References support the specifically described published scope or provide a starting structure for information requests. They do not endorse Matchpoint, establish transaction suitability or confirm funding availability.
Related decision paths
Discuss your decision with Matchpoint
Start with a non-confidential brief covering the objective, jurisdictions, current stage, timing and open decisions. Any engagement is subject to fit, jurisdictional review, written scope and agreed fees. Please do not submit confidential third-party information through a public form.
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Founder credentials: Chennakeshav (CK) Adya
This paper is part of a continuing series on the structure of private and alternative markets. The views expressed are the author's own. The paper is for information only, describes market structure in general terms, and does not constitute investment, legal, tax or regulatory advice or a recommendation in respect of any security, vehicle or counterparty.