Expertise
Financial and real estate expertise in TIF monetization
Converting an illiquid TIF bond into capital has historically required financial, real estate, and legal expertise under one roof — which is why bank debt became the default. Hageman Capital purchases the bonds outright, delivering capital at closing and removing the bond's risk from the developer's balance sheet.
How We Work
From analysis to closing.
Hageman Capital works with development partners through underwriting, structuring, offer, and closing, funding the TIF concurrently with construction loan financing.
Development analysis
Information collection scoped to asset and bond valuation, without the timeline of a conventional diligence process.
Bond structuring
Customized parameters for higher proceeds, with the legal and municipal requirements handled alongside the developer.
Proposal and pricing
Custom pricing designed to optimize the value of the TIF bonds, paired with a rate-lock mechanism that removes uncertainty during the planning phase.
Execution and closing
Execution is aligned to the project's timeline so that the municipal approvals and the financing close together.
Developer perspectives
Working with Hageman Capital to finance TIF bonds was a great experience, they made the process simple and transparent. We appreciate their partnership and willingness to solve complicated issues fairly and quickly.
Fede Boscaini, Director of Development & Finance, Gershman Partners
Hageman Capital has found a niche in the real estate capital market by providing developers liquidity in the TIF bond market. The Hageman team is a fantastic partner because they not only understand real estate development but also have expertise in solving unique challenges. It is comforting to know the Hageman Capital team is there to provide capital, but just as important, assist in strategic decision making.
Justin Moffett, Founder, Old Town Companies
Our Mission
Leave it better than you found it.
Hageman Capital delivers value to developers through financial expertise and capital for TIF bonds, providing liquidity in an otherwise illiquid market so that more of the incentive reaches the project.