A second set of eyes for you and your partners

The key decisions
that move your firm
deserve company.

One more honest look before your committee votes. Your partnership needs a new structure. Your raise has to land. Your loan has stopped behaving.

When to call

When the stakes are high and the decision can’t wait.
For sponsors, investors, partners and lenders who need a hard real estate situation to come out right.

Start with a checklist for your situation →

It’s quiet work, usually done well before anyone outside the firm knows there was a problem.

A capital stack that works againA clear call on the next dollarA lender conversation you leadA project back on schedule and on budgetA team with its confidence backDecisions that no longer wait on youEarnings that outgrow headcountAI that shows up as marginA firm valued as a platformYour next fund, launched from strength
20 yrsPrincipal-side experience
~$3BInstitutional transactions
Former CIOBuilt and led investment platforms
Relationships built on trust

In their words.

“I had the pleasure of working with Chi on a very difficult transaction that took much longer than expected and was extremely stressful for all involved. Chi handled everything that came his way with composure and grace. I have dealt with many real estate executives, but I must say that Chi's knowledge of the markets and his calmness under fire were what impressed me most. I look forward to doing more deals with him in the future.”
Rich EdisonManaging Partner, Next Frontier Real Estate Holdings

From defending capital to building value

Every year you face a handful of calls that shape everything after. They are too important to make alone and too sensitive to hand to someone who has never sat in your seat.

i.Protection

Defending capital

When your capital is at risk and every option costs money.

  • Your capital stack no longer works, and everyone is hoping the lender will modify the loan.
  • The next dollar you put in: rescue capital, or good money after bad?
  • Your development lost its approvals, and your investors’ equity is stuck in limbo.
  • A new appraisal erased your equity overnight.
  • You took back a property that is worth a fraction of your loan.
ii.Stability

Building to last

A platform that performs in any market.

  • A capital structure sized for the next cycle, whatever it brings.
  • Reporting and early warnings that show you trouble a quarter ahead.
  • Operating systems that keep the lights on without you in every meeting.
  • Lender and investor relationships strong enough to lean on when it counts.
  • A bench of leaders ready to step up, and a succession plan everyone understands.
iii.Growth

Creating enduring value

Value that lasts beyond any one deal.

  • A firm valued as a platform.
  • Earnings that grow faster than your headcount.
  • AI that shows up as real margin on your P&L.
  • A team that runs on systems and judgment, freeing you to lead.
  • Your next fund, strategy or market, launched from strength.
AI and operating leverage

Where is AI showing up in your P&L?

Your team is already using AI. Your investors, your CFO and any future buyer of your firm will ask where it shows up in earnings, what it cost and who owns the number. I help you answer that before the money is spent, and your people keep the judgment calls.

How work begins

From one conversation to a clear decision

1
First

A conversation

You describe the decision, and I tell you plainly whether I can help.

2
Within a week

A written view

A short document your partners can read in ten minutes: the situation, the questions to settle first and a recommended path.

3
Ongoing

Ongoing counsel

If you want it, a monthly working session, a seat beside the committee, and a call you can make when the next hard decision arrives.

Chirag Hathiramani
Background

Twenty years on the principal side.

Experience as a CIO and roughly $3 billion of transactions. The committee votes, capital calls and partner conversations you are facing now, I have faced before. That is why I am useful in your room, where the decision gets made.

Public REITDeveloperReal Estate Private EquityFamily Office
Chirag Hathiramani
Strategic Advisor to Real Estate Principals · Austin, Texas
540-220-8102
chi@chiraghathiramani.com
Save contact card (vCard)
Georgetown MBA · Author, The Platform CEO · Teaches Principles of Real Estate and Real Estate Asset Management at Huston-Tillotson University · Full background

Representative matters

A sample of recent work, described without names.

i.Situations

Hard situations

  • Walked a developer through a lender foreclosure.
  • Advised clients through litigation and a bankruptcy tied to their real estate, working alongside their counsel.
  • Recovered a lender’s capital through the courts, including full principal and legal fees.
  • Rebuilt a firm’s operations to stop losses.
ii.Capital

Capital stacks and counterparties

  • Worked out a loan modification to repair a broken capital stack.
  • Headed off a capital call investors should never have faced.
  • Helped a client gain real influence in a deal without a seat at the GP table, through negotiation with the other parties.
  • Settled a partner dispute.
  • Led negotiations with lenders, investors and partners on behalf of a principal.
iii.Building

Building from strength

  • Helped launch several new funds and investment vehicles, including the securities and compliance work around them.
  • Weighed in on strategic decisions as an advisory board member.

Independence and confidentiality

I do not raise capital, broker deals or take placement fees, so my only interest is the decision in front of you. What you share stays between us.

Questions

Who do you work with?

I work with sponsors, investors, partners and lenders who need a hard real estate situation to come out right. The starting point is the decision, the capital at stake and where I can help.

What happens when we first talk?

You bring one decision. We talk through what makes it hard and whether there is a useful next step. If I am not the right help, I will say so.

How do engagements usually start?

Most start with a conversation about one decision, and a short written view in your hands within a week. If it helps, we go deeper on that decision for a fixed fee, or continue as a monthly advisory retainer.

Do you raise capital or broker deals?

I help with capital strategy, deal structure, financing decisions and fund or investment vehicle formation. My advisory role is distinct from acting as a placement agent or transaction broker; when you need one, I can help you evaluate the right specialist.

What about AI and the platform itself?

For firms where the next decision is about building the platform, the Platform Value work prices what the firm is worth and the system that raises it.

When a decision matters,
write or call.

chi@chiraghathiramani.com · 540-220-8102
Prefer to read first? The Calls That Move the Firm (PDF)