Maximizing Community Investment
Hageman Capital’s team of experts aims to provide liquidity in an otherwise illiquid space and maximizes cash proceeds to real estate developments through our robust bond underwriting, legal structuring, and real estate investment experience.
Hageman Capital is a purchaser in single-site, developer-backed TIF bonds. We structure the bonds in a way that maximizes cash available to invest in the real estate project. As a result, our structure allows for better financing by decreasing additional equity on the real estate development, enabling a better project for developers, investors, and the community.
Real Estate Expertise
Unlike traditional, municipal-backed TIF bonds, single-site, developer-backed TIF bonds are not supported by municipal credit. Instead, these bonds are paid back by the incremental taxes generated from that specific development. Hageman Capital’s expertise in real estate creates more value for the TIF bond because of our ability to better underwrite of the real estate project, and assess risk holistically; not just on the bonds itself.
Certainty of Execution
Real estate developments are complex. Hageman Capital creates value by bringing certainty. We lock-in the price of the TIF bond prior to closing and provide funding at construction loan closing, removing a variable for developers, so they can focus on building the best product for their community.