Understanding the real estate asset is at the center of each TIF transaction. We first underwrite the real estate to determine the feasibility of the project and then determine the tax increment that can be generated from the real estate.
The Capital Provider for TIF
Hageman Capital provides upfront capital to real estate projects through the purchase of single-site, developer-backed, Tax Increment Financing (TIF) Bonds.
By purchasing TIF Bonds, we provide value for real estate developers & our communities.
Our approach to TIF monetization is unlike other investors. We partner with the public and developers to purchase TIF bonds and maximize cash proceeds available for investment into the projects.
Our expertise in real estate and TIF bond structuring combine to reduce risk and maximize proceeds for each project. As a result, we ensure the value created stays in the project, and the community.
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$300+ MillionTIF experience
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$500+ Millionin Real Estate investments
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$50+ MillionTIF Bonds acquired

Hageman Capital assists the development team to reach a structure and terms that maximize net bond proceeds. Our structuring approach foregoes the need for certain covenants (reserve funds, excess coverage, and accelerated amortization) commonly seen in other TIF transactions, which will limit upfront proceeds.
Hageman Capital will work with the development team in reaching an appropriate price. Our interest rate guidance provides a level of certainty on final proceeds unlike other capital providers. We utilize our decades of experience in providing General Partner and Limited Partner equity; as a result, we believe proposal and pricing is an active process, and a dialogue between partners.
There are many stakeholders for the real estate development team to manage during the TIF bond transaction. Hageman Capital assists the developers in the bond closing process so the developer can focus on working with their other partners in achieving a financial close of the entire project.