Trading assets with value-add angles
Stabilised hotels and operational platforms with clear paths to NOI growth, repositioning or strategic exit. Underwritten on operational upside, not basis arbitrage.
Equiterra is a specialist corporate finance firm for hospitality and operational real estate. We act on every side of the transaction. Structuring capital for sponsors, sourcing deal flow for investors and raising commingled fund capital for general partners.
We offer a range of services for sponsors, investors and general partners. Tell us about you and we'll take you to what's most relevant.
We structure and place senior debt, mezzanine, preferred equity and JV equity for your project.
Capital Advisory → I'm an investorWe originate proprietary, institutional-grade mandates aligned to your investment thesis - structured as direct, co-invest or programmatic investments.
Origination → I'm a GPWe place your vehicle with institutional limited partners aligned to the strategy, geography and return profile.
Fund Capital →For project sponsorsIf you're developing, redeveloping or executing a heavy-CAPEX repositioning, we structure and place capital across every layer of your stack. Your mandate runs as a targeted process with the right institutional and private capital partners for the deal.
Co-investment placement with institutional and private capital partners. Opportunity positioning, data room and targeted process aligned to sponsor objectives.
Joint venture structuring. Promote economics, governance, capital call mechanics and exit alignment, structured for institutional underwriting.
Priority-return solutions where senior debt capacity is constrained but the sponsor requires equity-like flexibility. Defined risk/reward profile.
Subordinated capital bridging senior debt and common equity. Development and value-add capital without diluting sponsor ownership.
Senior, stretched-senior and whole-loan facilities. Bank, debt fund and alternative lender relationships.
Junior tranches, structured credit and revolving facilities for portfolio recapitalisation and development pipeline funding.
For institutional capital partnersInvestor-led. Sponsor-aware. Selective. If you're deploying institutional capital, our developer and operator network generates the value-add and opportunistic mandates that match your brief. You access deals through three vehicle types: direct, co-investment and programmatic. Tickets typically £30m+, with target returns of 15%+ IRR.
Sole capital partner on a single transaction.
Alongside lead investors or fund vehicles on specific deals.
Multi-asset deployment frameworks built around a capital partner's mandate, structured for repeat deal flow at scale.
Stabilised hotels and operational platforms with clear paths to NOI growth, repositioning or strategic exit. Underwritten on operational upside, not basis arbitrage.
Tired assets in resilient locations where capital and operating expertise unlock embedded value. Heavy refurbishment, brand conversion or use repositioning.
Sites with planning consent, ready for capital and execution. Hotels, aparthotels, branded residences and PBSA across our target markets.
Pairing developers and operators with institutional capital. Single-asset JVs, multi-asset portfolios and programmatic platforms, structured for delivery, alignment and repeat deal flow.
For general partnersIf you're a GP raising a commingled vehicle or specialist real estate strategy, we place your fund with institutional limited partners aligned to your geography, sector focus and return profile.
Capital raising for sponsor-led commingled vehicles and specialist real estate strategies. Closed-ended, open-ended and programmatic structures.
Targeted introductions to institutional limited partners (pension funds, sovereigns, insurance, asset managers), family offices and private capital allocators.
Hospitality is our core. We selectively pursue adjacent operational sectors where the same operator-investor dynamics apply.
Full-service, lifestyle and select-service hotels across gateway markets.
Extended-stay platforms blending hotel and residential demand drivers.
Operator-led platforms with steady cash yields and operational upside.
Mixed-use developments combining hotel operations with residential sell-down.
Purpose-built student accommodation in target university cities.
Operator-backed co-living and flexible residential platforms.