Firm
About History Carlton's Reach
Deals
Landmark Deals Closed Transactions Active Deals
More
Services Team In the News Today's Market Contact Carlton Report
Services & Capabilities

Capital,
engineered.

Carlton structures and places both equity and debt — with a core strength in raising promotable equity from a broad universe of domestic and international investors. We focus on large, complex transactions executed on tight timelines.

What We Do

Equity, debt, and everything between.

01Equity Capital

JV, Co-GP & Partnership Equity

Co-investment alongside institutional partners, with active participation in the economics and governance of the deal.

LP Promotable Equity

Placed with family offices, UHNW investors, boutique funds, and institutions — domestic and international.

Preferred Equity

Structured capital with fixed returns and priority over common equity.

02Debt Capital

Construction & Senior Financing

First-lien and construction loans sized for large, complex projects.

Bridge & Acquisition Financing

Fast, certain execution for acquisitions and transitional business plans.

Mezzanine & Multi-Tranche Structures

Subordinate tranches layered to maximize proceeds and optimize blended cost.

03Strategic Capital

Recapitalizations & Partner Buyouts

Restructuring existing capital stacks efficiently and engineering clean partner exits.

Acquisitions & Developments

Capital for ground-up, value-add, and core-plus strategies across every major asset class.

EB-5 & International Capital

Foreign capital programs and sovereign wealth, drawing on relationships across six continents.

04Sectors

$200B+ placed across every institutional asset class:

Residential & MultifamilyHospitalityOfficeMixed-UseRetailStudent & Senior HousingDigital Infrastructure & Data CentersInternational

See the closed transactions behind each sector →

The Crown

GP / LP Promotable Equity

The highest-risk, highest-reward tranche of the capital stack — where Carlton's relationships run deepest.

PriorityLast outRiskHighestReturnPromote upside
The Core

Mezzanine Debt & Preferred Equity

Structured capital with fixed returns and priority over common equity.

PrioritySecond outRiskModerateReturnFixed + structured
The Foundation

Senior Debt & Construction Loans

First lien on the assets, with the lowest risk profile.

PriorityFirst outRiskLowestReturnFixed coupon
The capital stack — senior debt foundation to promotable equity crown
Engineering the Capital Stack

Structured from the foundation up.

We design complex, multi-tranche capital solutions — maximizing proceeds and optimizing terms on accelerated timelines. From senior debt to promotable equity, we engineer every layer of the capital stack.

Tap a layer to light the stack

Who We Serve

The capital behind the capital.

Family Offices

Actively deploying large checks, comfortable with LP/JV and Co-GP structures, and moving decisively while institutional capital waits.

UHNW & Boutique Funds

Writing meaningful checks for returns unavailable in public markets — relationship-driven, not process-driven.

Foreign & Domestic Institutions

Direct access to sovereign wealth funds, pension funds, and insurance capital worldwide.

Sector Focus

Digital infrastructure & data centers.

Capital solutions for the infrastructure powering the digital economy. Carlton applies the same disciplined capital-stack engineering it has brought to institutional real estate for more than three decades to hyperscale data centers, AI compute infrastructure, and powered land.

Development Capital

Development equity and construction financing for ground-up data-center and powered-land projects.

Acquisitions & Recapitalizations

Acquisition financing, recapitalizations, and structured capital for stabilized and expanding digital-infrastructure assets.

Joint Ventures & Structured Capital

JV equity, Co-GP capital, and multi-tranche structures built around hyperscale and enterprise demand.

Closed transactions include the $325M PayPal Data Center Park in Scottsdale, the JP Morgan Data Center in Phoenix, and a $600M East & West Coast office and data-center portfolio recapitalization. View closed transactions →

Have a real estate deal that needs capital?

Carlton knows exactly who is ready to move — and gets them to the closing table.

Submit a Deal