CRE Capital: capital stack calculator

Runs the cre.capital stack builder on a deal: senior loan, mezzanine, preferred equity and the common equity left over, with an optional one-tier JV split. Returns each layer's amount, share of cost and attachment/detachment LTV and LTC, blended cost of capital, cost of debt and preferred, common equity IRR and multiple, unlevered IRR, senior and all-debt DSCR, coverage including pref current pay, debt yields, LP and sponsor IRRs, the exit and the yearly cash flows. Rates you leave out start from the current 10-year Treasury plus Altus Group Q2 2026 average quotes. Arithmetic on your inputs, not a quote or a projection.

What senior debt, mezzanine and preferred equity cost: Altus Group's Q2 2026 average lender quotes (fixed and floating, by LTV band, as spreads over the 5-year or 10-year Treasury or Term SOFR), the current 10-year Treasury with the implied all-in senior and mezzanine rates, and what public mortgage REITs report earning on each layer in their 10-Qs for the quarter ended June 30, 2026. Filter by layer.

Names of firms in the business of each layer, only as the institutions publish them: Fannie Mae DUS lenders and Freddie Mac Optigo lenders (senior agency multifamily debt) and public mortgage REITs that hold mezzanine loans or preferred equity per their 10-Qs. Filter by list or by part of a name. Being on a list does not mean a firm will quote a given deal.