How it works

The Coppergate Process:

Initial Discussions

We meet with potential developer partners to discuss the idea of the project. If this fits our requirements we carry out due diligence to ensure the developer’s track record, reputation and financial situation confirms their ability to carry out the project successfully.

Principal Terms

We confirm the developer fits the project and will agree on a structure for the deal that satisfies both Coppergate’s commercial requirements and the developer’s specific objectives.

We will confirm all parties are happy to go ahead on these terms and check the site is available for purchase.

Due Diligence

A full and thorough due diligence process is carried out.

Before underwriting the equity, we need to feel confident on every part of the deal. We carry out high level due diligence on the developer, the location, the market, the design, the construction process and marketing strategy.

Underwrite

Coppergate will finalise the terms of the joint venture agreement. This will lay out the requirements and responsibilities of the developer including project costs, timelines and sales forecasts for the finished project. Coppergate will underwrite the required equity and the joint venture agreement will be agreed and signed. The property is secured.

Launch

Potential investors will receive an investment presentation covering all aspects of the project, including the timeline, target returns and risks. We will not group together multiple investors meaning a single investor will sit next to the developer for each project. The opportunities will be allocated to individual investors on a first-come, first-serve basis. Once the equity raise is completed and the senior debt is secured, the purchase of the property will complete.

Build

The works will commence and the timeline of the project begins. The developer will carry out the project in line with the detailed plans specified in the joint venture agreement.

Monitor

Coppergate will instruct third party quantity surveyors to work alongside the developer. The QS will provide Coppergate with regular updates on the progress of the projects. We will share these updates with investors throughout the project length ensuring they are kept fully up to date.

Exit

When the project is sold the money will be split as per the joint venture agreement. Equity along with profit share will be distributed to each investor in one payment.