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Capital Stack Solutions for Real Estate

Large projects rarely work with one funding source. We help you build the right capital stack from day one.

Identify the Land

Plans/Feasibility

Land Acquisition

Horizontal Construction

Vertical Construction

Permanent Financing

More Than Financing. Strategic Capital Guidance.

Heritage Bank is not just a lender. We are a strategic capital partner.

Our team works with developers to evaluate the full capital picture and identify opportunities beyond traditional bank funding. This includes guidance on non-traditional and supplemental capital sources such as:

  Equity partners

  C-PACE and similar programs

  Bond financing

  Strategic financing structures

Our role is to help developers build a capital stack that works, not to push a single product. Consultations are provided at no cost and without obligation.

We do not publish program details publicly. Instead, we evaluate each project individually and structure solutions that address equity needs while keeping the capital stack efficient and aligned.

Financing for Large Scale Real Estate Projects

Heritage Bank, N.A. works best with experienced developers pursuing institutional scale projects that create lasting community impact.
Projects we have the ability to support include:

  Large scale residential and multifamily developments   

  Ground-up and phased apartment communities   

  Assisted living and senior housing developments   

  Mixed-use and master-planned communities   

  Commercial and industrial developments

  Resort and destination developments

  Infrastructure-heavy or district-style projects

  Sports Complex and Athletic Facility Developments

Equity Partner Solutions for Large Developments

Equity is often the most difficult piece of the capital stack.

Many developers have strong projects but face equity constraints that slow or stop progress. Pulling cash from other transactions, restructuring partnerships, or delaying development can create unnecessary friction.

Heritage Bank, N.A. offers equity partner solutions designed to help developers overcome equity obstacles without disrupting their broader portfolio. These solutions are structured to support the project while preserving flexibility for the sponsor.

No equity. No problem.

We do not publish program details publicly. Instead, we evaluate each project individually and structure solutions that address equity needs while keeping the capital stack efficient and aligned.

Working with Heritage Bank

Heritage Bank partners with experienced developers to structure complete capital stacks for complex projects where traditional financing alone is not enough. From acquisition through ground-up development, we help identify, align, and execute the right mix of capital to move projects forward.

We specialize in identifying the missing pieces of the capital stack and structuring solutions that keep projects moving. This includes addressing common equity challenges such as:

 Limited liquidity due to capital tied up in other transactions

  Difficulty sourcing or aligning equity partners

 Capital gaps created by project scale or phasing

 Timing mismatches between acquisition and construction funding

Rather than forcing a deal into a traditional box, we work with developers to structure capital that matches the reality of large, complex projects.

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Financing subject to credit approval and project demonstrated feasibility.

Important Information
Procedures for Opening an Account Mandated by the USA PATRIOT ACT
To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT ACT, a Federal law, requires all financial institutions to obtain, and record information that identifies each person who opens an account.
What this means for you:
When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Address

110 South Street W Spicer, MN 56288-0658

Info

NMLS ID #446440

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