We’re not just a company, we’re a part of your team. As a provider of real estate financing services, we combine years of experience and current technologies to offer advanced, yet simple and reliable solutions for raising equity and debt. With a commitment to continuous improvement, we strive to satisfy your needs and exceed your expectations. This gives you more time to focus on what you do best—building quality projects!

Self-Syndication 

 

Technology is changing the world of finance and raising capital is shifting from the banks, who in the past have been the gatekeepers- to the entrepreneurs who see open market platforms as the future.

 

Vibrant investor communities are being nurtured by skilled platform managers that promote entrepreneurs that meet investor expectations and generate lasting sources of value.

 

Save entrepreneurs can now raise capital using SEC Regulation D 506 c Offering by organizing a well thought out Capital Campaign with a digital presence on the RealConnex.com syndication platform.

 

Platform Managers, together with  FINRA Broker/Dealers and RIAs can offer, in-person meetings, email marketing, press releases, special events, and personal phone calls, as the best way to raise capital and create a level of trust and accountability, absent with many firms.

With Open Source Capital as part of your team, we arrange and manage your syndication with advanced, yet simple and reliable tools and solutions for raising equity and debt.  With a commitment to continuous improvement, we strive to satisfy your needs and exceed your expectations. This gives you more time to focus on what you do best—promote your company and develop quality projects.” Kyle Meyer, Managing Director, Open Source Capital, LLC

 

Regulation D 506 (c ) Self-Directed Offerings developed by Open Source Capital can be designed to be sold by Broker/Dealer firms at a significantly lower cost than traditional investment bank underwritings. 

Our business is working with selected companies to design results-based Capital Campaigns using Self Directed Syndication.  We also help companies secure senior loans, construction loans, and JV Partners.  Capital is sourced from institutional investors, family offices and high net worth individuals interested in real estate.  Sponsors profit directly from our worldwide network and the local market access.  We focus on deal sizes between $15-$200 million with operators and developers involved in value-add and ground-up developments.

Given the specific details of a project, we help raise the capital needed to finance complex real estate deals.  Our management team’s combined expertise in vetting, structuring, underwriting, and marketing FINRA and NON-FINRA real estate security offerings.  Our involvement helps investors to act quickly when considering various investment opportunities.  Our combined resources provide prompt customer service, as well as, accurate and timely information for account billing, follow-up, financial reporting, and management review. Operations include asset management functions including monitoring of construction performance and on-going market analysis.  Our managers closely monitor the investments to help identify any potential underperformance and work with the deal Sponsors to remedy the situation in an expeditious manner to help mitigate any effects of underperformance.  Our asset managers are responsible for understanding the Company’s business plan with respect to each property and monitoring performance against that plan. The members of the management teams have extensive experience in all aspects of the real estate and securities business, including debt and equity placement, residential & commercial construction and development, institutional investment management, commercial lending, alternative debt financing, structuring and syndication.  Senior management also has a strong background in asset management, creditors’ rights, and risk management. Overall, members of management team each have an average of more than 30 years’ experience in this business and provide clients access to a broad referral network with significant practical knowledge of real estate investment, development, and capital markets.

 A Guide for Investors and Developers

 

  • The Days of 80 to 90% bank project financing are gone.
  • Project financing now requires real equity and almost always involves an outside equity partner.
  • Today’s LP equity partners are providing up to 90% of the 30-40% equity requirement sought by most construction lenders.
  • From a developer’s perspective, LP equity allows the developer to generate fees and preserve capital to support the soft cost associated with pre-development. From an LP equity investor’s perspective, investment in a development deal provides the high risk-adjusted returns in real estate, typically only found in the case of distressed or turnaround situations.
  • From an investment perspective, OpenSource brings an additional level of underwriting and investment management for the benefit of the GP, the LP, and the lender.
  • Open Book investors are prepared to take on equity risk in return for a very high expected level of return. Target returns for opportunity funds and high net worth individuals are currently in the low to mid-20s, based on time horizons of 3 to 4 years.

 

      You have a passion for great real estate projects

     We have a passion for helping you finance them

 

Considering the fact that our engagement is 99% results-based and only expands your options, there is rarely an advantage to waiting.

 

Our Services, as further specified may include:
  1. Project Financial Modeling and Pricing ( We build independent financial models based on our own experience and research)
  2. Internet Marketing
  3. Architectural Plan Review
  4. Construction cost review
  5. Developing Pitch Decks
  6. Underwriting and Stress Testing
  7. Setting up a “SPV” as Issuer
  8. Developing Private Placement Memorandums for (Regulation D 506c Offerings)
  9. Developing Term Sheets
  10. Sourcing Senior and Mezzanine Mortgages and negotiating terms
  11. Submissions to Broker/Dealer FINRA review
  12. Portal Placement and Maintenance
  13. Arranging due diligence and investor meeting
  14. Marketing/Branding
  15. Lead Investor Sourcing
  16. Coordinating Due Diligence
  17. Developing Terms of Operating Agreement
  18. Developing Terms of (Investor/Developer) Construction Agreements
  19. Developing Terms of (Investor/Developer) Property Management Agreements
  20. Coordinating the Closing
  21. Project monitoring
  22. Transaction Management
  23. Broker/Dealer Placement for FINRA deals
  24. Asset monitoring
  25. Investor Relations/Branding Marketing