Ackman-Ziff is a global leader in structuring and placing creative debt capital for institutions and real estate owners and developers. The depth and breadth of over 90 years of experience enables the firm to creatively blend existing debt products with leading-edge, innovative capital market solutions.
Ackman-Ziff continues to develop proprietary methodologies based on the prevailing market’s risk-reward profile to deliver optimal outcomes for clients. The firm has institutional capabilities in building a wide variety of debt facilities, including, but not limited to, acquisition financing, permanent financing, interim financing, debt recapitalization, lender financing, note financing, construction financing, renovation financing, and forward take-out financing. Ackman-Ziff has deep and long-standing relationships with a myriad of capital providers, including domestic and foreign banks, insurance companies, CMBS lenders, CDO providers, credit companies, pension funds, BDCs, family offices, Agencies, REITs, private lenders, and hedge funds. Such diversity among capital sources enables Ackman-Ziff to successfully build a comprehensive suite of customizable products and structures for clients.
Ackman-Ziff has unique expertise in developing structured debt solutions. Such solutions both minimize higher-cost equity by achieving maximum leverage and blend senior and sub-debt at various leverage levels; together creating the most efficient cost of capital for clients. Ackman-Ziff utilizes its hallmark vertical structuring and horizontal syndication processes to tranche debt facilities among various risk profiles resulting in optimal structure, pricing, and terms.
By pairing existing mezzanine solutions with new sub-debt products, Ackman-Ziff often exploits a natural arbitrage between traditional and non-traditional capital sources while simultaneously paying particular attention to mitigate the common risks, costs, and delays inherent in structured transactions. Together, these elements ensure clients objectives are met.
Ackman-Ziff’s equity practice comprises professionals who have invested for the most prestigious and sophisticated investment managers in the world. Such comprehensive investing expertise, combined with the firm’s unparalleled access to capital, enables Ackman-Ziff to operate what is considered the industry’s leading equity placement business.
The foundation of the equity group’s success is the combination of experience-derived proprietary methodologies with creative structuring and execution capabilities. Beginning with a thorough analysis of deal elements, AZ equity professionals underwrite transactions based on real-time knowledge of the ever-changing capital markets. This knowledge allows Ackman-Ziff to match the right equity structure and equity partner with each client’s unique circumstances.
Complementing Ackman-Ziff’s capital markets expertise, the Investment Sales team looks at real estate assets and portfolios holistically; tailoring disposition strategies to efficiently maximize returns, reduce risk, and create liquidity. The team of seasoned investment sales professionals is well integrated into the Ackman-Ziff platform, allowing the firm to thoughtfully coordinate the execution of multiple recapitalization strategies across all asset classes.
Maximizing the value of clients’ assets requires a focused strategy, one that addresses the seller’s timing and tax objectives, highlights property strengths, offers solutions to asset-level challenges, uncovers potential upside, and pairs capable investors with appropriate acquisition financing.
Ackman-Ziff’s knowledge of – and continuous activity in – the global capital markets keeps the firm in close contact with a multitude of established and emerging real estate investors: private and public, off-shore and domestic, high net worth and institutions.
Ackman-Ziff’s Special Situations Group (“SSG”) is a dedicated team of experienced professionals that develops institutional capital structures for non-traditional real estate-related assets.
The group possesses unique expertise in creatively structuring and placing equity, debt, and mezzanine capital in a variety of complex assets including, but not limited to: single family rentals (SFR), leveraged loans, corporate credit, ski resorts, non-performing loans (NPL), farmland, unrated credit, mortgage servicing rights (MSR), institutional fix-and-flips, and timberland and sports-related real assets.
Ackman-Ziff’s SSG is known to be the leader in understanding risk, reward, and liquidity in these highly complicated and esoteric real asset classes. This enables the firm to successfully build efficient capital stacks that meet the goals of AZ’s institutional client base.