TIF monetization from Hageman Capital is a proven process

Your pre-development and feasibility planning for new developments is a lengthy and time intensive process. Ensuring you have the right capital stack for your project is critical for maximizing your returns and the success of your development. Tax Increment Financing (TIF) is a key tool to help, but utilizing the right monetization strategy can mean even greater success.

Hageman Capital specializes in TIF financing for commercial real estate developments. We purchase developer backed bonds for cash, infusing your project with more funds. Throughout your municipal funding, we’re your partner to ensure you establish ideal bond structure and terms to maximize the value you’ll provide with your completed development.

Expertise & Rate Lock boost your proceeds

You need stability for your development planning, to simplify your TIF process and improve your project’s returns.

With Hageman Capital , we handle the technicalities of TIF structure and closing to get you the funds you need, and enable you to focus on the development components at hand. With our Rate Lock mechanism, you can secure your interest rate based on the 10 year treasury yield.

Calculate your TIF proceeds instantly

TIF funding process & timeframe

Throughout any transaction, Hageman Capital provides tremendous value through our structuring expertise, or what we call, “Value Add Propositions.” This is heavily emphasized throughout our Proven Process and continues to be the core of how we maximize value for the developer.

Start your process with expert guidance

1: Discovery

Introduction to developer
Introduction to the project
Hageman Capital Three Uniques
Maximize TIF proceeds Certainty of execution
Hageman Group Reputation (core values, real estate & bond expertise)

TIMEFRAME: 1 week

2: Due Dilligence

Real estate pro-forma
Project details • Estimate TIF revenues on Project
Project Agreement, and other Municipal Documents
Taxpayer Agreement

TIMEFRAME: 1 – 2 weeks

3: Estimate TIF Proceeds

Project deep dive • Review structured bonds
Estimated Bond proceeds
Rate lock option for developer
Q&A with Developer

TIMEFRAME: 1 week

4: Offer On Bonds

Preliminary purchase terms
Execute LOI
Execute reimbursement agreement
Rate Lock (if applicable)

TIMEFRAME: 4 – 6 weeks

5: Maximizing Bond Proceeds

Maximize bond proceeds through creative structuring
Final due diligence and checklist items
Finalize bond economics
Finalize bond documents
Finalize Taxpayer Agreement

TIMEFRAME: **Variable, depends on the municipality & lenders

6: Closing and Funding

Simultaneous closing with Construction Lender
Fund proceeds

TIMEFRAME: **Variable, depends on the municipality & lenders

Developers trust Hageman Capital

Working with Hageman Capital through development translates to seamless closings. City by city, TIF terms change and we’re working on new projects. I send over bond terms to the team to make sure it’s the best deal for us. With good municipality credit, we can utilize Hageman Capital’s rate lock, ensuring we have a nice short window to close. We think of HC as a partner because they’re providing a liquid financing solution to an asset we’ve created, it’s hugely important.

Antone Najem, Third Street Ventures

I don’t know what the benefit would be to holding the TIF bond. All the projects that we’re in the process of considering TIF, there’s such a requirement on the front end for construction cost that the project just wouldn’t go without it. In the past, when talking with the executive director of the Development Council that Hageman Capital was going to be buying the bond, he immediately understood our partners and gave us the green light. We know there is 100% confidence that we’re going to be able to get to whatever terms we need to get to working with HC.

Erik Dirks, Senior Vice President, Development of Buckingham

After an initial call and comparing third party monetization options, we decided to work with Hageman Capital because of a more streamlined process. Other alternatives had a longer timeline and felt more difficult. HC made our bond closing and monetization faster than going through a retail process with individual investors.

Andy Lahr, CFO of Onyx & East

In the past we talked to another broker about monetizing our TIF bond. They weren’t actually able to buy it, but then talking with Hageman Capital, clearly a night and day difference. Just the knowledge and the structure and the net proceeds HC was able to deliver. Was far beyond what the broker was offering. Since then we’ve never dealt with anybody else.

Tyler Ridge, President of TRG

Don’t settle for lower bond proceeds

TIF monetization can occur through third party brokers or even your construction loan lender. Doing so nets developers less proceeds from higher interest rates, and a lengthier process via the third party market.

Our approach benefits developers by providing the up-front capital you need to jumpstart your project. Purchasing your bond with cash nets you more proceeds and less debt. And our expert team guides you through the municipal process to make bond creation and funding seamless.