re-debt

Size real estate debt across the capital stack using DSCR, LTV, and debt yield constraints.

2|Updated Mar 26, 2026
One-click install
npx skills add https://github.com/tmcga/alpha-stack --skill re-debt
Or copy as Structured Prompt for Agent
Please help me install this Agent Skill.
Skill: re-debt
Source: https://github.com/tmcga/alpha-stack/tree/main/skills/re-debt
Command: npx skills add https://github.com/tmcga/alpha-stack --skill re-debt

SYSTEM DOCUMENTATION & REQUIREMENTS

What problem does it solve?

Real estate debt decisions are driven by cash flow, risk, and capital structure. This Skill helps size and structure debt across the full capital stack—from senior loans to mezzanine and equity layers—while testing leverage and covenant headroom.

Core Features & Use Cases

  • Size senior mortgages using DSCR, LTV, and debt yield constraints to identify the binding limit.
  • Build multi-tranche capital stacks (senior, mezzanine, preferred equity, common equity) to optimize cost of capital.
  • Analyze refinancing, construction, and bridge-to-permanent transitions, including DSCR testing under scenario stress.

Quick Start

Provide the property's value, NOI, and target debt terms to generate a structured debt stack and loan sizing.

Frequently Asked Questions about re-debt

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I size a real estate loan using DSCR, LTV, and debt yield constraints?

Real estate debt sizing evaluates DSCR, LTV, and debt yield constraints to identify the binding limit on loan proceeds. The Skill applies these three metrics to pinpoint the maximum senior mortgage a property's NOI and value can support.

What is the best way to structure a multi-tranche real estate capital stack?

Structuring a multi-tranche capital stack layers senior debt, mezzanine, preferred equity, and common equity to optimize the overall cost of capital. The Skill sizes each tranche while evaluating intercreditor dynamics between debt and equity layers.

Can I stress test DSCR for construction and bridge-to-permanent loan refinancings?

Yes, DSCR stress testing applies to construction and bridge-to-permanent loan refinancings. The Skill analyzes these transitional phases by testing DSCR under scenario stress to ensure covenant headroom and refinancing viability.

How does positive leverage analysis work in real estate finance?

Positive leverage analysis evaluates whether the property's unlevered yield exceeds the effective cost of debt across the capital stack. The Skill calculates this by comparing NOI returns against blended loan terms to optimize financing structures.

What inputs do I need to generate a structured real estate debt stack?

Generating a structured debt stack requires the property's value, NOI, and target debt terms. Providing these inputs allows the Skill to evaluate LTV and debt yield constraints to produce an optimized multi-tranche financing structure.

When should I evaluate intercreditor dynamics between debt and equity layers?

Evaluating intercreditor dynamics is necessary when building multi-tranche capital stacks with mezzanine or preferred equity. The Skill assesses these relationships during debt sizing to ensure proper payment priority and risk allocation across layers.