How to Choose a Financial Advisor for Development
Define the development stage, funding gap, preferred instruments, geography, timing and internal responsibilities before comparing advisers.
Use one mandate brief and one evidence scorecard to compare capital-stack judgement, counterparty relevance and execution support.
Start with one written mandate brief and score each adviser against the same evidence. The named working team, relevant execution, preparation method and complete economics matter.
Define the development stage, funding gap, preferred instruments, geography, timing and internal responsibilities before comparing advisers.
Confirm scope, senior involvement, modelling ownership, lender and investor approach, conflicts, approvals, reporting, fees and termination terms.
Request comparable role evidence, references, the proposed capital-stack method, a diligence plan, the named team and a written execution timetable.
Evidence land and approvals, sponsor equity, sources and uses, cost-to-complete, sales or operating assumptions, downside cases, security and the data room.
Ask who performs the work, which counterparties fit, how conflicts are managed, what evidence is required and how fees and approvals operate.
Verify current team capacity, relevant mandates, references, jurisdictional coverage, confidentiality controls, fee mechanics and the proposed first thirty days.
Choose a real estate finance adviser after testing the actual working team, relevant developer transactions, capital-stack capability, investor and lender fit, modelling, materials, diligence coordination, term-sheet analysis, conflicts, fees and jurisdictional coverage. Require a written diagnosis and proposed workplan before outreach.
State the asset or corporate perimeter, project stage, amount, currency, use of funds, sponsor contribution, existing debt, security, control constraints, target timing and current evidence. Invite advisers to compare realistic routes against the same brief.
| Criterion | Evidence to request | Decision use |
|---|---|---|
| Relevant experience | Comparable sector, structure, geography and transaction-size examples; role performed. | Tests whether prior work resembles the mandate. |
| Working team | Named senior lead, execution team, responsibilities and time commitment. | Shows who will deliver each workstream. |
| Capital-stack judgement | Written comparison of senior debt, mezzanine, preferred equity, JV equity and other relevant routes. | Tests structuring depth and route independence. |
| Counterparty relevance | Investor or lender segments, fit criteria, relationship route and conflicts. | Tests whether access is specific to the mandate. |
| Preparation | Model, materials, data-room, diligence and management-preparation workplan. | Tests readiness before market contact. |
| Terms and execution | Term-sheet comparison method, negotiation ownership, reporting and closing support. | Tests decision support through execution. |
| Economics | Retainer, success fee, expenses, exclusions, tail and termination terms. | Establishes complete mandate cost and incentives. |
Ask each proposed team to walk through the first 30 days, the information required, the capital routes it would test, the investor or lender segmentation, the expected decision gates and the main execution risks. Record the answers against the scorecard.
The pre-market package should reconcile sources and uses, sponsor contribution, development budget, timing, sales or operating assumptions, debt capacity, return and waterfall cases, security, approvals, data-room gaps and management responsibilities.
Matchpoint Partners supports eligible UAE and cross-border real-estate capital mandates from USD 5m upward across project finance, structured debt, JV or preferred equity and investor targeting, subject to evidence, jurisdiction, capacity and written engagement.
Use a consistent scorecard covering comparable transactions, the named working team, capital-stack alternatives, investor and lender relevance, modelling, diligence, conflicts, fees and execution support.
A written route analysis, sources-and-uses model, downside cases, capital-provider criteria, prioritised target list, investor or lender materials, diligence gap list and execution timetable.
The choice follows the mandate. Property sales and leasing require market brokerage capability. Corporate, project, debt, equity and platform-capital mandates require financial structuring, counterparty targeting and transaction execution capability. Some firms provide both.
Compare the retainer, success fee, fee base, expenses, introduced-party rules, exclusions, tail, termination rights and payment triggers in writing.
Speak to a partner about the structure, evidence and execution plan for your transaction.
Matchpoint decision framework
Editorial update: 2026-09-07
Before appointing an adviser for a large development, turn the selection process into a short evidence exercise. Ask candidates to respond to the same project facts, identify the principal financing obstacles and explain the work needed to resolve them. Keep personal wealth advice, property sales and project-finance execution clearly distinguished when reviewing search results.
Ask what the proposed team actually did in a comparable mandate: modelling, lender selection, negotiations, diligence coordination or completion support. Request references only with permission and accept appropriately redacted materials. Distinguish capital announced, terms received and financing completed. Check whether the people with the cited experience will work on your assignment.
Provide a non-confidential description of land status, project stage, budget, sponsor contribution and proposed exit. Ask for the three most material financing dependencies and the evidence needed for each. A useful answer should connect the project facts to lender or investor requirements, document gaps and an order of work. It should state what cannot yet be assessed.
Agree who approves investor communications, who maintains the data room and how the adviser reports progress. Define confidentiality, conflicts, fees, expenses, exclusivity, termination and any post-termination fee period in the engagement documentation. Ask appropriate legal advisers to review the contract. A timetable should distinguish adviser-controlled tasks from approvals and third-party decisions.
Request a rationale for relevant lender categories and a permissioned communication process. A lender name or logo alone does not demonstrate an active relationship or appetite for your project.
A non-confidential project summary, ownership position, budget, funding objective, sponsor contribution, current stage and intended timetable are a useful starting brief.
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.
Request a mandate discussionFounder 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.