Debt + equity options for multifamily, hotel, build-to-rent, build-to-sell, and lot development requests. We structure the stack, package the story, and place capital through a national network aligned to the current CRE fit box.
Headquarters: Las Vegas, NV • Nationwide placement network • We broker capital (not a direct lender).
We can structure debt + equity across the development and bridge lifecycle—without rebuilding the story at each milestone. One clean package → better lender matching → fewer avoidable delays.
Stratas is currently focused on underwriteable commercial real estate requests in the development and bridge lane: multifamily, build-to-rent, build-to-sell, hotels, and lot development to sell. The full CRE fit application captures the customer-facing questions we built for sponsor experience, asset class, market, capital stack, estimated terms, and Round 1 document needs.
Development, bridge, stabilization, or refinance paths for apartment projects with a clear sponsor story and exit strategy.
Capital placement for rental communities where the plan, budget, market, and takeout path are clear from the start.
Build-to-sell requests can be reviewed when the sponsor has a defined plan, presale strategy, budget, and exit.
Condo and build-to-sell multifamily requests work best with strong market support, presales, and a clean development package.
Hotel requests can include construction, acquisition bridge, stabilization, conversion, rebrand, or refinance of a current loan.
Horizontal development, sitework, and soft-cost requests for lots intended to be sold or moved into the next financing phase.
Use the full CRE fit application at /cre-application, or call the team if you want to talk through the structure first.
We build the deal package so it is underwriteable: clean story, clean numbers, clean documents. Then we match the capital partner(s) to your phase, collateral, market, and risk profile. Below are general frameworks for the current CRE fit box (not quotes).
These ranges are provided for context and expectation-setting only. Final terms depend on asset type, market, sponsor strength, project readiness, diligence, and capital partner approval.
Final leverage, reserves, recourse, and conditions depend on underwriting, third-party reports, lender appetite, and capital partner approval.
If leverage alone doesn’t solve the structure, we can help explore capital stack combinations such as: first + second (where supportable), senior + C‑PACE (where applicable), senior + preferred equity, or senior + mezz + equity.
Equity timelines vary widely—fast on clean, compelling packages; longer on complex raises. These are general investor-target ranges, not guarantees.
When the stack requires equity (or preferred equity), Stratas can help structure and place it—so you close without burning leverage or time. We focus on aligning investor expectations to the deal reality before you go to market.
Most sponsors do not just need “a lender.” They need a stack that fits the asset, the phase, the leverage, and the exit. Below is a quick map of the current CRE request lanes we can structure and place (deal-dependent).
Early‑phase capital to keep momentum before the full stack is live.
Ground‑up or heavy rehab structures with draws and realistic covenants.
Transitional capital when NOI and occupancy are still ramping.
Refinance a maturing bridge or current loan while the next exit is positioned.
Bridge capital for conversion, repositioning, or another underwriteable improvement plan.
Fill gaps and increase leverage without breaking the senior terms.
Investor capital when the stack needs equity to close.
Hotel-only rebrand support and property conversion bridge requests when the plan is underwriteable.
Start with the full CRE fit application. We will use the same screening logic to route the request to the right capital path.
Names shown below are anonymized. Examples reflect the current Stratas focus: multifamily, build-to-rent, build-to-sell, hotels, and lot development requests.
Managing Partner • Multifamily Developer
“We needed a clean package and a realistic capital stack—Stratas kept the file tight and the process moving.”
Sponsor • Build-to-Rent Community
“The process forced the right questions early: sponsor equity, budget, draw schedule, and exit.”
Developer • Build-to-Sell Lots
“Stratas helped frame the lot development, presale plan, and sources and uses in a lender-friendly way.”
Principal • Hotel Sponsor
“The hotel story was complicated. They focused the package around brand, occupancy, PIP, and refinance exit.”
Developer • Flagged Hotel
“They did not blast the file everywhere—just the partners that understood the hotel and market.”
Sponsor • Lot Development
“The first-round package made the entitlement, sitework, budget, and exit strategy easier to evaluate.”
If you are a developer with an active multifamily, hotel, build-to-rent, build-to-sell, or lot development execution, we can quickly confirm fit and tell you what we need for Round 1.
Ben Birch: Founder & CEO of Stratas
Ben has over 10 years of industry experience in commercial real estate financing, development, and capital placement. He has led Stratas by combining a powerful capital network with technology-driven
systems that improve underwriting, streamline processes, and accelerate execution. His focus remains on execution,
relationships, and building infrastructure that allows deals to move efficiently when properly structured.
General team line: 725‑257‑5354 • [email protected] • Book a call with the team
Our typical minimum CRE deal size is $5,000,000. If you’re close, apply anyway—we’ll confirm fit quickly.
Yes—soft costs / pre‑development capital is a common use case. Terms and leverage depend on readiness, market, and sponsor profile.
Yes—when the capital stack requires equity, we can help structure and place LP equity, GP equity, preferred equity, and JV options (deal dependent).
Speed is file-driven. Clean budgets, plans, sources and uses, sponsor equity, market support, and quick follow-up help protect the timeline. Missing items or complexity extends timelines.
No—Stratas is a broker. We structure, package, and place capital through a network of lenders and investors. All terms depend on underwriting and partner approval.
Submit the full CRE fit application at /cre-application. It includes the customer-facing questions we built for sponsor, asset, market, capital stack, terms, and Round 1 document guidance. You can also start with the current shorter CRE request if you only want to submit basics first.
Start with the full CRE fit application, or call the team. We will tell you quickly what we can do and what we need next.
Debt + equity options for multifamily, hotel, build-to-rent, build-to-sell, and lot development requests. We structure the stack, package the story, and place capital through a national network.
We can structure debt + equity across the development and bridge lifecycle without rebuilding the story at each milestone.
Stratas is currently focused on underwriteable commercial real estate requests in the development and bridge lane: multifamily, build-to-rent, build-to-sell, hotels, and lot development.
Development, bridge, stabilization, or refinance paths for apartment projects with a clear sponsor story and exit strategy.
Capital placement for rental communities where the plan, budget, market, and takeout path are clear from the start.
Build-to-sell requests can be reviewed when the sponsor has a defined plan, presale strategy, budget, and exit.
Condo and build-to-sell multifamily requests work best with strong market support, presales, and a clean development package.
Hotel requests can include construction, acquisition bridge, stabilization, conversion, rebrand, or refinance of a current loan.
Horizontal development, sitework, and soft-cost requests for lots intended to be sold or moved into the next financing phase.
Use the full CRE fit application at /cre-application, or call the team if you want to talk through the structure first.
We build the deal package so it is underwriteable: clean story, clean numbers, clean documents. Then we match the capital partner to your phase, collateral, market, and risk profile.
These ranges are context only. Final terms depend on asset type, market, sponsor strength, project readiness, diligence, and capital partner appetite.
Final leverage, reserves, recourse, and conditions depend on underwriting, third-party reports, lender appetite, and capital partner approval.
When the stack requires equity or preferred equity, Stratas can help structure and place it so you close without burning leverage or time.
Most sponsors do not just need a lender. They need a stack that fits the asset, the phase, the leverage, and the exit.
Early-phase capital to keep momentum before the full stack is live.
Ground-up or heavy rehab structures with draws and realistic covenants.
Transitional capital when NOI and occupancy are still ramping.
Refinance a maturing bridge or current loan while the next exit is positioned.
Bridge capital for conversion, repositioning, or another underwriteable improvement plan.
Fill gaps and increase leverage without breaking the senior terms.
Investor capital when the stack needs equity to close.
Hotel-only rebrand support and property conversion bridge requests when the plan is underwriteable.
Start with the full CRE fit application. We will use the same screening logic to route the request to the right capital path.
Names shown below are anonymized. Examples reflect the current Stratas focus: multifamily, build-to-rent, build-to-sell, hotels, and lot development requests.
“We needed a clean package and a realistic capital stack. Stratas helped organize both before lender conversations started.”
“The process forced the right questions early: sponsor equity, budget, draw schedule, and refinance path.”
“Stratas helped frame the lot development, presale plan, and sources and uses in a way that made sense.”
“The hotel story was complicated. They focused the package around brand, PIP, occupancy, and takeout.”
“They did not blast the file everywhere; they routed it to partners that understood the hotel execution.”
“The first-round package made the entitlement, sitework, budget, and lot sale exit much easier to explain.”
If you are a developer with an active multifamily, hotel, build-to-rent, build-to-sell, or lot development execution, we can quickly confirm fit and tell you what we need for Round 1.
Ben Birch: Founder & CEO of Stratas
Ben has over 10 years of industry experience in commercial real estate financing, development, and capital placement. He has led Stratas by combining a powerful capital network with technology-driven systems that improve underwriting, streamline processes, and accelerate execution.
General team line: 725-257-5354 • [email protected] • Book a call with the team
Our typical minimum CRE deal size is $5,000,000. If you are close, apply anyway; we will confirm fit quickly.
Yes. Soft costs / pre-development capital is a common use case. Terms and leverage depend on readiness, market, and sponsor profile.
Yes. When the stack requires equity, we can help structure and place LP equity, GP equity, preferred equity, and JV options, deal dependent.
Speed is file-driven. Clean budgets, plans, sources and uses, sponsor equity, market support, and quick follow-up help protect the timeline.
No. Stratas is a broker. We structure, package, and place capital through a network of lenders and investors. All terms depend on underwriting and partner approval.
Submit the full CRE fit application at /cre-application. It includes the customer-facing questions for sponsor, asset, market, capital stack, terms, and Round 1 document guidance. You can also start with the current shorter CRE request if you only want to submit basics first.
Start with the full CRE fit application, or call the team. We will tell you quickly what we can do and what we need next.
