Restructuring an existing capital stack, refinancing, replacing or repositioning the capital already in place on an asset.
Most recapitalizations are driven by a date, not a strategy: a maturity, a fund's end of life, a partner's redemption right. The constraint is time, and the work is assembling a replacement stack faster than the deadline arrives.
Carlton has placed more than $200 billion of equity and debt since 1991, across six continents and every major asset class. Willis Tower is one of the firm's landmark transactions, see the full record of closed transactions for the complete list.
Sponsors and developers, bring us your deal for equity and debt across the stack.
