Real estate developers execute projects, creating places for people, businesses, and community facilities. Three Roots partners with developers to help solve sometimes complex challenges in project financing.
Watch the video below to see why one of our partners values Three Roots.
Three Roots partners with developers who share our vision for community impact and who value our expertise and capacity to:
- Jointly produce long-term positive impacts to our community
- Collaborate to solve project, customer, and community project challenges
- Utilize capital structures that address financial pressure points
Access to New Sources of Capital
Because Three Roots raises most of our capital from partner banks, we have strong relationships with many banks, understanding their credit profiles and industry preferences, etc. Our real estate developer partners benefit from the “one stop” access to multiple sources of capital.
Coaching for Deal Structuring
Many of our developer partners are very experienced. Some developers are new to the industry, relatively less experienced, and benefit greatly from advice and connections provided by Three Roots. Additionally, as discussed below, some of the tax benefits available involve processes unique to those programs and Three Roots’ expertise and connections enable a developer to leverage programs new to them.
Syndication Capabilities for Projects with Large Capital Requirements
Three Roots focuses on impacting communities through job creation and placemaking facilities and community facilities. Sometimes a project is more difficult to finance because it’s larger and requires more capital than a single bank might want to lend alone. This is where Three Roots’ ability to syndicate the project among two or more banks provides our development partners with more choices in financing options to fund their projects.
Access to State & Federal Tax Incentive Programs
Three Roots Capital is a certified CDFI (Community Development Financial Institution) as well as a CDE (Community Development Entity). These certifications enable Three Roots to bring various state and federal tax benefits to our development partners, projects, and communities. Some of the tax programs can be quite complex, which is part of the value Three Roots brings to our partners, as we have invested in the resources necessary to effectively leverage these programs. With Three Roots Capital, our development partners can access more than a “qualifying opportunity” or an incentive. They get a qualified and capable partner to successfully execute on projects that can be complex, while having great impact on a community.
Contact Us
If you are a real estate developer interested in exploring a partnership with Three Roots Capital, we would love to meet you. Please reach out to us by contacting:
Dennis Corley,
Director, Lending and Investing
(865) 220-1713