Every week, European real estate proposals land with us — raw, and rarely framed the way institutional capital reads. We price each one, put it into institutional terms, and sort it hard. Only the few that clear are the ones we take forward — underwritten and capitalised by the partners.
Proposals arrive constantly and unstructured — teasers, decks, forwarded PDFs, a call. We see the full flow across sponsors, geographies and asset classes, in whatever language it turns up.
A continuous screen, run on everything that lands. Most is declined or parked; a fraction advances. The point is not how much comes in — it is the discipline of what we let through.
Technology we build ourselves runs the analysis — models rebuilt from source, comps pulled, each live deal framed the way institutional capital reads and turned into working materials.
What clears, Dry Capital backs — underwritten as principal, structured to the situation, and capitalised alongside the sponsor. The technology compresses the time; the judgment stays human.
Memos as live web decks — filterable, NDA-gated.
Cashflows with scenario toggles and stress tests.
Real-time position and market metrics per mandate.
Who to call, what to send, what slipped.