Take-out & Refinancing
Refinancing and take-out facilities to replace construction or bridge debt.
Image · Take-out & RefinancingA take-out or refinancing replaces construction or bridge debt with longer-term, often cheaper capital once a project stabilises. Matchpoint arranges take-out and refinancing for completed and income-producing assets.
As part of our Real Estate Financing practice, Matchpoint Partners has originated and led $2+ billion of transactions across four continents, and every real estate financing mandate is led by a partner, from first call to close.
Our role on take-out & refinancing mandates
- Replaces construction/bridge debt
- Longer-term, lower-cost capital
- For stabilised, completed assets
- Releases sponsor equity
Research relevant to this area
Original analysis and decision frameworks from the Matchpoint team.
Take-out & Refinancing — frequently asked questions
Long-term financing that repays short-term construction or bridge debt once a project completes.
Once an asset stabilises and can support cheaper, longer debt.
The asset’s stabilised income rather than its construction history — occupancy, lease lengths, tenant quality, net operating income and the resulting debt service cover. Because construction risk has gone, pricing and tenor improve materially compared with the development debt being replaced.
Yes — where the stabilised value supports more debt than is outstanding, a cash-out refinancing returns the difference to the sponsor. Developers commonly recycle that equity into the next land purchase or project, keeping the completed asset as a long-term income holding.
Before practical completion, not after. Starting while the project is finishing lets the facility close as income stabilises, avoiding an expensive period sitting on construction or bridge debt. With leasing evidence and a complete information pack, first term sheets typically follow within 30 days.
Matchpoint structures the full capital stack for UAE developers — senior secured debt, mezzanine with LandCo control, project finance, land acquisition finance, Sukuk and private credit, plus JV equity and bulk inventory sales. Tickets range from USD 5m to USD 500m+.
Land acquisition finance is bridge or term debt to fund the purchase of development land before construction. We arrange programmes — including Sukuk and private credit at ~8.5%–12% target yields — for developers in Yas Island, Reem Island, SZR and Dubai Islands.
A bulk inventory sale is the disposal of a block of completed or off-plan units to a single investor or institution at a negotiated discount. We run bulk SPA, OQOOD assignment and milestone-payment processes for developers seeking liquidity.
Engagements ordinarily combine a retainer with a success fee. Terms are agreed in writing before work begins and calibrated to the mandate’s size, scope and complexity.
Most mandates reach a first term sheet within 30 days, depending on diligence readiness and structure; closing follows once terms are agreed.
A short, confidential scoping call and NDA; we structure the requirement and prepare materials, then run a competitive process across our 5,000+ investor and lender relationships, and negotiate to close — with a partner leading at every step.
Matchpoint Partners is based in the UAE and runs cross-border mandates across the UAE, KSA, India and the UK, with active deal activity in wider Europe, Singapore and the United States.
Matchpoint undertakes corporate finance, financing, M&A and fund-placement mandates from USD 5m upwards, subject to mandate fit, diligence, applicable regulation, capacity and a written engagement. The partner team has originated and led $2+ billion of transactions.
Use the enquiry form, email contact@matchpoint-partners.com, or call/WhatsApp +971 52 345 1119. Every mandate is led by a partner from the very first conversation.
Yes. Confidential information is handled under the engagement terms and any applicable non-disclosure agreement.
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