Multifamily development
Ground‑up and value‑add executions—structured across phases so you can keep momentum.
Debt + equity options across the full project lifecycle—from soft costs → construction → bridge/stabilization → permanent takeout. We structure the stack, package the story, and place capital through a national network.
Headquarters: Las Vegas, NV • Nationwide placement network • We broker capital (not a direct lender).
We can structure debt + equity across every phase—without rebuilding the story at each milestone. One clean package → faster underwriting → fewer surprises.
Our #1 customer is the developer/operator who needs a capital partner that can structure the stack, package the file, and place capital efficiently—without wasting cycles on mismatched sources. These are common executions we support (and we do more).
Ground‑up and value‑add executions—structured across phases so you can keep momentum.
New build, reposition, or refinance—structured for brand, market, and ramp‑up risk.
Mission‑driven and mixed‑use projects—structured with leverage, timelines, and partner fit in mind.
Specialized stacks built around operations, timelines, and underwriting realities.
Structured capital for technical projects—aligned to diligence and partner appetite.
Refi or recap a portfolio—rate/term, cash‑out, or repositioning capital.
Get a quick fit check, then we’ll tell you exactly what we need to move quickly.
We build the deal package so it’s 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 (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.
Non‑recourse on stabilized/permanent executions is often possible. Construction is commonly recourse or partially recourse. Standard carve‑outs typically apply (fraud, misrepresentation, misuse of funds, environmental, unauthorized transfers, etc.).
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 don’t need “a lender.” They need a stack that fits the asset, the phase, the leverage, and the exit. Below is a quick map of common program 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.
Lock in long‑term terms once the asset is stabilized.
Refi or recap multiple assets with a consistent story and structure.
Fill gaps and increase leverage without breaking the senior terms.
Investor capital when the stack needs equity to close.
When the execution needs an extra tool in the toolkit.
Apply once. We’ll structure the right stack and route it to the right capital partners.
Names shown below are anonymized. Deal sizes reflect common ranges we see: CRE $20M–$150M+, acquisitions $1M–$50M, and working capital $250K–$50M.
If you’re a developer with an active execution (multifamily, assisted living, data centers, or similar), we can quickly confirm fit and tell you what we need to move.
Ben Birch: Founder & CEO of Stratas
Ben has over 10 years of industry experience in commercial real estate and business funding. He has led Stratas to
become one of the fastest-growing brokerages in its space by combining a powerful capital network with technology-driven
systems that improve underwriting, streamline processes, and accelerate speed to close. 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. For shovel‑ready, fully packaged deals, timelines can be very fast (including select cases around ~2 weeks). 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 CRE application and include a short project summary + your target structure and timing. Or book a call if you want to talk it through first.
Apply for CRE financing, or call the team. We’ll tell you quickly what we can do and what we need next.

Debt + equity options across the full project lifecycle—soft costs → construction → bridge/stabilization → permanent takeout. Built for developers and operators who execute.
We can structure and place capital through each phase—so you’re not rebuilding the story at every milestone.
Tip: if you’re shovel‑ready, mention your timeline, requested structure, and attach your deck or summary.
Tap a category to see common structures. Every card includes the same fast actions: apply, call, or book a call.
Ground‑up and value‑add executions—structured across phases so you keep momentum.
Brand‑aware underwriting and realistic timelines—structured for build, PIP, or recap.
Phased execution with infrastructure timing and a clear takeout plan.
Operator-friendly structures with realistic underwriting and a clean lender story.
Infrastructure underwriting with disciplined packaging and partner-fit targeting.
Refi or recap multiple assets with one clean story and consistent structure.
If you’re not sure which bucket you fit, apply anyway—our team will confirm fit quickly.
We build the deal package so it’s 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 (not quotes).
Non‑recourse on stabilized/permanent executions is often possible. Construction is commonly recourse or partially recourse. Standard carve‑outs typically apply (fraud, misrepresentation, misuse of funds, environmental, unauthorized transfers, etc.).
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 don’t need “a lender.” They need a stack that fits the asset, the phase, the leverage, and the exit. Below is a quick map of common program lanes we can structure and place (deal‑dependent).
Apply once. We’ll structure the right stack and route it to the right capital partners.
Names shown below are anonymized. Deal sizes reflect common ranges we see: CRE $20M–$150M+, acquisitions $1M–$50M, and working capital $250K–$50M.
If you’re a developer with an active execution (multifamily, assisted living, data centers, or similar), we can quickly confirm fit and tell you what we need to move.
Ben Birch: Founder & CEO of Stratas
Ben has over 10 years of industry experience in commercial real estate and business funding. He has led Stratas to
become one of the fastest-growing brokerages in its space by combining a powerful capital network with technology-driven
systems that improve underwriting, streamline processes, and accelerate speed to close. 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. For shovel‑ready, fully packaged deals, timelines can be very fast (including select cases around ~2 weeks). 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 CRE application and include a short project summary + your target structure and timing. Or book a call if you want to talk it through first.
Apply for CRE financing, or call the team. We’ll tell you quickly what we can do and what we need next.