Real Estate Investment Banking

From IPOs to follow-on offerings, acquisition and operational funding, a real estate investment banking team with a strong track record is critical to raising the capital so critical to the business of commercial real estate. Our KeyBanc Capital Markets® platform provides full-service financing for all types of Real Estate Investment Trusts (REITs) and private owners of real estate from both the public and private equity markets, and includes joint venture funding and both buy-side and sell-side advisory services. We provide complementary services to KeyBank Real Estate Capital, which provides debt-side solutions.

In the last decade, we have managed more than 250 transactions that delivered more than $56 billion in financing, including specialized services for non-traded REITs, triple net transactions and student housing.

We put a senior team on every deal. Our experienced real estate investment bankers begin each engagement by listening to your goals before we propose financial strategies – then we come through with successful executions.

See a detailed list of our full service real estate investment banking deals (PDF), including the following recent transactions:

  • KeyBanc Capital Markets acted as Sell-Side Advisor to YES! Communities on the sale of 71% equity interest to two global institutional investors.
  • KeyBanc Capital Markets acted as Joint Bookrunner on Medical Properties Trust’s $500 million Senior Note transaction.
  • KeyBanc Capital Markets acted as Joint Bookrunner on Retail Opportunity Investments Corp.’s $139 million Follow-On Offering.

We have served the needs of many REITs since before they went public, beginning with pre-IPO services, then growing with them as they go public, acquire other firms, raise additional capital and restructure shares and debt. This matrix of clients and our deal history demonstrates a few of our representative long-term client relationships, including:

  • American Campus Communities
  • EDR Collegiate Housing
  • First Potomac Realty Trust
  • MPT
  • DuPont Fabros Technology
  • Kite Realty Group

We provide comprehensive real estate capital markets services including:

  • At-the-Market Offerings
  • Debt Offerings
  • Follow-on Equity Offerings
  • IPOs
  • Joint venture capital
  • M&A Advisory (buy-side and sell-side)
  • Preferred Equity Offerings
  • Private equity capital
  • Public market equity capital
  • Public Note Offerings