IKAG Capital LLC is a deal origination intermediary, not a financial advisor, broker-dealer, or licensed financial consultant. We operate in compliance with applicable FINRA regulations.  Full Disclosures ↓
Capital Origination · 38 States

Your Deal.
The Right Capital.
We Get It There.

A capital origination platform for commercial real estate sponsors, developers, and operating businesses. We source the mandate, structure the transaction, and connect principals to the institutional capital required to close.

Combined Capital Partner Network Stats
$2.5B+
Capital Structured
150+
Transactions Closed
38
States Served
95%
Client Retention
Capital Advisory Network
Serious Capital.
National Reach.

Our advisory partner network operates across the institutional capital markets with a placement footprint spanning every major commercial asset class. When a sponsor engages IKAG, the transaction enters that infrastructure.

What We Do

The Origination
Process.

Deal Origination

We source mandates directly from sponsors, developers, brokers, and operators across every major commercial vertical. Every transaction is intake-qualified before it advances.

Sponsor Underwriting

Every sponsor is evaluated against the criteria our capital partners apply: track record, balance sheet strength, deal experience, and execution capacity. We bring our partners deals, not homework.

Capital Structure Advisory

We design the capital stack to fit the deal. Senior debt, mezzanine, preferred equity, joint venture, or structured solutions. The structure is built to the transaction, not the other way around.

Institutional Packaging

Every transaction leaves our desk as a complete underwriting package: financial model, capital stack, market analysis, sponsor profile, risks and mitigants. Our capital partners review our deals because they know what is in the package.

Capital Placement

Our advisory partner network spans debt funds, agency lenders, life companies, private equity sponsors, family offices, and institutional credit platforms. We do not shop deals. We place them.

What We Channel
Capital Into

Our advisory network places capital across the full commercial spectrum, from senior debt to common equity. Every mandate is underwritten, structured, and placed against the criteria of the appropriate capital partner.

CRE Debt Placement
Senior debt, bridge, and permanent financing.

Senior debt placement across acquisition, construction, bridge, CMBS, DSCR, refinance, and agency execution. Sized to the deal, structured to the sponsor, placed with the lender best suited to the asset.

BridgeSenior DebtCMBSDSCRRefiAgency
Equity & Structured Capital
Preferred equity, JV, and co-GP structures.

Preferred equity, joint venture, co-GP, common equity, and structured recapitalizations. Capital placed against sponsor track record, deal economics, and the position required within the broader stack.

Preferred EquityJV EquityCo-GPRecapPE
Ground-Up Construction
New development and construction financing.

Construction capital for ground-up development. Sized to LTC, structured to draw schedule, underwritten against project viability and sponsor execution capacity before any lender introduction.

Ground-UpLTCDraw StructureMixed-Use
Infill Development
Densification and urban site development.

Capital for infill development in established submarkets. Underutilized lots, redevelopment sites, and urban densification plays where location is the asset and execution carries the underwriting.

Urban InfillRedevelopmentDensificationLand Repositioning
Value-Add
Reposition, renovate, and recapitalize.

Bridge and renovation capital for sponsors repositioning underperforming assets. Light to heavy rehab, lease-up strategies, and recapitalizations sized to stabilization NOI and exit value.

BridgeRehabLease-UpRecapitalizationReposition
Advisory & Deal Packaging
Underwriting, feasibility, and professional deal packaging.

Institutional-grade underwriting, capital stack design, feasibility analysis, and deal packaging. Every transaction we present meets the documentation and analytical standard our capital partners expect at intake.

UnderwritingFeasibilityCapital StackDeal Packaging
Business & Operating Capital
Capital for operators and growing companies.

Growth capital, working capital facilities, equipment financing, and term debt for established operating companies. Capital structure designed against EBITDA, asset base, and operator profile before any lender engagement.

Term LoansWorking CapitalEquipmentSBA
Data Centers
Infrastructure capital for the digital economy.

Capital for data center development, acquisition, and recapitalization. A specialized asset class requiring construction, bridge, and structured equity solutions underwritten against power infrastructure, tenant credit, and operating profile.

ColocationHyperscaleEdge ComputingDevelopmentPower Infrastructure
The Process

From Origination
To Capital Decision

01
Intake

Sponsor or referral partner submits the transaction. We review asset class, capital requirement, sponsor profile, and timeline to determine fit for origination.

02
Qualification

A structured intake conversation to confirm capital requirements, underwriting assumptions, and sponsor objectives. We confirm fit before any transaction advances.

03
Underwriting & Packaging

Underwriting, capital stack design, and institutional deal packaging. The transaction is prepared to the standard expected at a capital partner intake review.

04
Capital Placement

The mandate is placed with the appropriate capital partner in our advisory network. All capital is subject to partner underwriting and credit approval.

About IKAG

Built to Move
Capital at Scale.

IKAG Capital is a commercial capital origination platform operating across real estate, business lending, and infrastructure. We source mandates, design capital structures, underwrite to institutional standard, and place transactions with the appropriate capital partner. We do not connect deals. We close them.

Our team operates across deal origination, commercial real estate, acquisitions, business development, and capital markets. We work with principals who require execution, not introductions.

Get In Touch
Our Team
Kevin Pham
Managing Director

Leads firm operations, mandate origination, and capital partner relationships. Kevin manages transaction analysis, sponsor outreach, and deal sourcing across the platform.

Caleb Wright
Analyst & Managing Partner

As Managing Partner, Caleb shares strategic responsibility for firm direction and sets the standard for how IKAG underwrites, packages, and places every transaction across the platform.

Michael Smith
Head of Business Development

Veteran commercial real estate professional with over 600 properties managed and direct involvement in the construction of large-scale commercial assets and skyscrapers. Michael brings deep CRE operating expertise and an institutional network to IKAG's origination platform.

Christian Loughman
Acquisitions

Sources land acquisition opportunities for real estate development and data center projects across IKAG's sponsor network. Christian surfaces off-market transactions and routes qualified opportunities to the developers and operators best positioned to execute.

Aaron Cole
Deal Origination Associate

Supports the origination pipeline through deal sourcing, lead generation, and outreach to sponsors and brokers. Aaron identifies opportunities at the top of the funnel and moves qualified leads into intake.

Rachel Robbins
HR, PR, Media

Oversees human resources, public relations, and media management for IKAG. Rachael handles the firm's internal people operations while shaping how IKAG is represented externally across communications and media channels.

Capital Advisory Partner
Advisory Partner National Capital Markets Network
Get In Touch

Let’s Discuss
Your Transaction.

Reach our origination team to submit a mandate, discuss a transaction, or understand how we structure capital placements.