Real Estate Investment Advisory

Intelligent Capitalfor Discerning Investors.

Vantmark Capital Partners delivers institutional-grade underwriting, market intelligence, and strategic advisory — built for sponsors and investors who refuse to leave returns on the table.

Backed by the work itself.

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Assets Touched
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Clients Served
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Markets Covered
Multifamily
Affordable / LIHTC
Industrial
Data Center
Senior Living
Mixed-Use & Land

Why Vantmark

The Advantage That Moves Capital Forward.

$2B+

Across the Full Lifecycle

From acquisition underwriting and development proformas to asset management and disposition strategy — every deliverable is informed by real experience across the entire deal lifecycle.

7 Yrs

Institutional-Grade Insight

Multifamily, affordable housing, industrial, data centers, office — we've operated inside these deals, not just analyzed them. That depth translates directly into better models, sharper memos, and more credible pitches.

20+

Markets. One Trusted Source.

Whether you're expanding into a new geography, raising capital from LPs, or stress-testing an acquisition, Vantmark gives you the analytical firepower to move fast and look sharp doing it.

What We Do

Underwriting & ProformasInvestment AnalysisMarket ResearchInvestor Pitch DecksOffering MemorandumsPortfolio StrategyDue Diligence Support Underwriting & ProformasInvestment AnalysisMarket ResearchInvestor Pitch DecksOffering MemorandumsPortfolio StrategyDue Diligence Support

What We Do

Advisory Services

Six engagement types covering every stage of the investment lifecycle. Click into any service for the full scope.

Service Details

A closer look at every engagement.

What's actually included, who it's built for, and how it gets delivered. Six service deep-dives — scroll, or jump to the one you need.

Service · 01 · Flagship

Underwriting & Proformas

Pro-formas, waterfall models, sensitivity analysis, and debt sizing — built from scratch with live formulas and institutional formatting. Models your lender, your LPs, and your IC will all defend.

What's Included

Pro-Forma Build

Acquisition or development pro-forma with full revenue, expense, and capital projection logic — annual and monthly cash flows configurable to deal type.

Waterfall Modeling

Multi-tier promote structures with preferred returns, IRR hurdles, catch-up provisions, and clawback logic — modeled to LP / GP split spec.

Sensitivity Analysis

Two-way data tables on the variables that move the deal: rent growth, vacancy, exit cap rate, hold period, and financing terms.

Debt Sizing

Loan sizing against DSCR and LTV constraints, agency / bridge / construction debt scenarios, and cash-on-cash optimization.

Return Metrics

Project-level and equity-level IRR, equity multiple, average cash-on-cash, yield-on-cost, and untrended development yield.

Lender Deliverables

DCR projections, sources & uses, stabilized cash flow, and assumptions memo formatted for institutional lender review.

Engagement Levels

Tier 01

Basic

Single-scenario pro-forma

  • Single base-case scenario
  • Core return metrics
  • Sources & uses summary
  • Email delivery + summary
Most Common

Tier 02

Standard

Full institutional model

  • Multi-scenario logic
  • Full sensitivity tables
  • Debt sizing & DSCR view
  • Walkthrough call included
  • Assumptions documentation

Tier 03

Premium

Multi-tier waterfall, IC-ready

  • Multi-tier waterfall + promote
  • LP / GP return splits
  • IC-ready presentation summary
  • Stress-tested downside cases
  • Two revision rounds

Who It's For

First-Time Syndicators

Building the first proforma you'll show to LPs and a lender — and needing it to look like the tenth.

Active Sponsors

Underwriting more deals than the in-house team can keep up with — throughput without quality loss.

Developers

Modeling ground-up construction with sources and uses, draw schedules, and stabilization scenarios.

Fund Managers

Producing IC-ready packages with multi-tier waterfalls, promote calculations, and LP-grade documentation.

Service · 02 · Investment Memos & IC Packages

Investment Analysis

LP-ready deal packages combining financial analysis, market context, risk assessment, and professional presentation — synthesized into a memo your committee can act on.

What's Included

Executive Summary

Top-of-memo abstract framing the opportunity, the ask, projected returns, and the recommendation in one read-it-fast page.

Financial Analysis

Return-metric synthesis (IRR, equity multiple, cash-on-cash, yield-on-cost) with the underwriting drivers and downside scenarios behind them.

Market Context

Submarket positioning with rent comps, supply pipeline, and demographic tailwinds — anchored to the deal's actual drivers.

Risk Register

Itemized risks with severity, likelihood, and a mitigation framework — written for the partner who's going to push back hardest.

Comparable Transactions

Recent in-market trade comps benchmarking your basis, cap rate, and value-add thesis against what the tape actually says.

Recommendation

A direct go / no-go / conditional position — with the conditions, contingencies, and monitoring milestones spelled out.

Who It's For

Sponsors Pre-IC

Producing the memo your committee will actually read — and not have to rewrite the night before.

Acquisition Teams

Evaluating multiple deals at once and needing third-party rigor on the ones that survive triage.

LPs & Allocators

Requesting independent analysis on a sponsor-led opportunity before committing capital.

Family Offices

Building institutional analytical infrastructure without the fully loaded in-house team.

Service · 03 · Market & Feasibility Studies

Market Analysis

Submarket analysis, highest-and-best-use evaluation, supply/demand dynamics, demographic drivers, and development feasibility — for any geography, any product type.

What's Included

Submarket Profile

Rent trends by class and unit type, vacancy dynamics, absorption patterns, and the comp set anchoring your basis assumption.

Supply Pipeline

Project-by-project review of permitted, under-construction, and lease-up product within the trade area — and the pipeline risk it implies.

Demand Drivers

Employment composition, household formation, income growth, migration trends, and the demographic tailwinds (or headwinds) the deal depends on.

Highest & Best Use

Use-case evaluation across asset types — what the site supports, what the market wants, and what the underwriting actually rewards.

Feasibility Read

Site-level feasibility for redevelopment or ground-up — entitlement posture, infrastructure capacity, and capital-stack viability at current cost levels.

Comparable Set

Curated list of recent trades and operating comps — with cap rate, basis, rent, and amenity benchmarking framed against your target.

Who It's For

Geo-Expanding Sponsors

Stepping into a new MSA and needing the local fundamentals before quoting a basis to a seller.

Developers

Validating an entitlement play or HBU question with a feasibility view that survives lender scrutiny.

Acquisition Teams

Triaging deals across multiple submarkets and needing a fast, defensible read on each before bidding.

Lenders & Allocators

Stress-testing a sponsor's market case with independent demand and supply-side validation.

Service · 04 · Investor-Ready Decks

Investor Pitch Decks

Visually polished decks that articulate your thesis, market opportunity, deal structure, and sponsor track record — designed to win the room and close the raise.

What's Included

Investment Thesis

Headline pitch articulated in one sentence and one slide — the single statement your LP repeats to their committee.

Market Opportunity

Submarket positioning, demand drivers, and the macro tailwind framed visually — credibly, without overstatement.

Deal Structure

Capital stack, equity terms, sponsor co-invest, fee structure, and waterfall — laid out cleanly so investors can model it themselves.

Financial Projections

Returns visualized — IRR, equity multiple, cash distributions, and downside scenarios charted for fast comprehension.

Sponsor Track Record

Bios, prior deals, realized returns, and team depth — packaged to build credibility from the cover slide forward.

Risk & Exit

Honest risk treatment with mitigation, plus a defensible exit narrative — addressing the questions LPs always ask.

Who It's For

First-Time Syndicators

Building the deck that introduces your sponsorship to the LP community for the first time.

Active Sponsors

Refreshing a deck for a new deal or fund vintage without burning your in-house team's bandwidth.

Developers

Telling a ground-up story that includes entitlement, construction risk, and stabilization in a clear arc.

Fund GPs

Producing a fund-level deck for institutional LP outreach — track record, strategy, and pipeline made tangible.

Service · 05 · OM Production

Offering Memorandums

Professional-grade OMs that tell the complete investment story — property overview, financials, market positioning, and exit strategy in one institutional-grade document.

What's Included

Property Overview

Asset-level narrative — location, physical condition, unit mix or tenant roster, capital improvement history, and operating story.

Financial Summary

T-12 normalization, year-over-year operating performance, projected stabilized NOI, and the underwriting that supports it.

Market Positioning

Submarket context, comparable rent and sale comps, demand drivers, and the case for why this asset wins in this market.

Investment Highlights

The five-bullet pitch that lives on the cover spread — distilled from a dozen possible angles into the ones that matter.

Exit Strategy

Clear thesis on hold period, exit cap rate, refinance optionality, and the buyer profile most likely to execute the take-out.

Photography & Visuals

Photo treatment, custom maps, comp tables, and on-brand layout — designed to read well in print and on screen.

Who It's For

Sponsors Disposing

Listing an asset and needing the OM that drives bids — not the boilerplate that gets skimmed.

Brokers

Adding capacity for high-stakes listings without diverting your in-house production team.

Developers

Marketing a stabilized development to permanent capital — the OM that earns institutional bids.

Fund GPs

Marketing portfolio assets to direct buyers, recap partners, or secondary buyers in a structured process.

Service · 06 · Pre-Close Review

Due Diligence Support

Systematic review of financial statements, rent rolls, expense reconciliation, lease abstracts, and operating assumptions — surfacing risk before you sign.

What's Included

Financial Statement Review

Trailing 12-month and historical operating statement review with non-recurring add-back validation, expense category audit, and seller-NOI reconciliation.

Rent Roll Analysis

Unit-by-unit lease audit with concession scrubbing, loss-to-lease quantification, market rent gap, and renewal vs. new-lease premium tracking.

Expense Reconciliation

Line-item operating expense reconciliation against industry benchmarks, peer assets, and the underwriting assumption — with variances flagged.

Lease Abstracting

Critical clause extraction across the lease portfolio — escalations, options, exclusions, recapture rights, and tenant-friendly provisions.

Operating Assumption Audit

Stress-testing of the underwritten growth, vacancy, and exit assumptions against the rent roll, the comp set, and the macro picture.

Findings Report

Written deliverable with risk register, dollar-impact estimates, re-trade considerations, and recommended deal-protection language.

Who It's For

Sponsors Under Contract

Closing on an acquisition and needing a second pair of eyes on the seller's numbers before the inspection period runs out.

Active Acquirers

Running multiple deals at once and needing throughput on diligence without sacrificing the rigor that catches problems.

Lenders

Validating sponsor underwriting on a loan request — independently sourced, professionally documented.

LP Investors

Reviewing a sponsor-led opportunity and wanting independent diligence before committing capital to the deal.

Asset Classes Covered

From multifamily to data center.

Multifamily Affordable / LIHTC Industrial Data Center Senior Living Self-Storage Retail Office Hospitality Mixed-Use Ground-Up Development Bridge Lending

How It Works

Our Engagement Process

Every project follows the same predictable framework — clarity from first conversation to final delivery.

1

Discovery Call

We align on your investment criteria, timeline, and deliverable needs.

2

Scoping & Proposal

A clear engagement scope and fee proposal within 24 hours.

3

Analysis & Delivery

Thorough research and modeling delivered to institutional standards.

4

Review & Refine

A collaborative review session with revision rounds included.

Jackson Forbes, Founder of Vantmark Capital Partners
7+
Years in RE

Meet the Principal

Jackson Forbes

Founder & Managing Principal

Jackson Forbes has spent seven years working across every corner of commercial real estate — and he built Vantmark Capital Partners because he saw a gap the industry wasn't filling. Investors and sponsors were making multi-million-dollar decisions without the analytical infrastructure to back them up. That ends here.

Over the course of his career, Jackson has been in the room — and at the table — across acquisitions, underwriting, development, operations, and investor relations. He has contributed to the acquisition, underwriting, development, and management of roughly $2 billion in real estate assets spanning multifamily, affordable housing, industrial, data center, and commercial properties across 20+ markets.

Whether you're a first-time syndicator building your first proforma, an operator preparing an LP pitch, or a seasoned investor entering a new market — Jackson is the asset you plug in to leapfrog the learning curve. Seven years of hard-won institutional experience, working directly for you, on your deal, on your timeline.

Multifamily Affordable / LIHTC Industrial & Data Centers Acquisitions Development Asset Management Capital Markets Investor Relations

Why Vantmark Exists

"I created Vantmark because the gap between institutional quality and individual access was costing investors real money."

The analysis that closes deals, wins LPs, and protects capital shouldn't be reserved for firms with a 10-person underwriting team. Vantmark puts that capability in your hands.

— Jackson Forbes, Founder

Our Work

Featured Engagements

A cross-section of deals Jackson has touched — across asset classes, markets, and every stage of the investment lifecycle.

In Their Words

Client Outcomes

Real engagements, real results — across every asset class we touch.

"The proforma Jackson built held up under our lender's scrutiny without a single revision — exactly what we needed to close on schedule."
Sponsor — Multifamily Acquisition
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"Vantmark turned our story into something LPs immediately understood. We hit our raise target three weeks ahead of plan."
Managing Partner — Development Sponsor
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"Their submarket work flagged a supply risk we'd missed. We renegotiated the basis and walked into a deal we could actually defend."
Director — Industrial Investor
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Free Resource

The Vantmark Acquisition Diligence Guide

A working playbook for stress-testing a deal before you commit capital — covering rent assumptions, exit cap rates, financing structure, and the line items most underwriters overlook.

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Vantmark accepts a limited engagement load each quarter so every deal gets the depth of attention it requires. Currently booking projects starting May 2026.

Get In Touch

Start Your Next Engagement

Whether you're evaluating an acquisition, preparing to raise capital, or entering a new market — let's talk. Most engagements begin with a 30-minute discovery call. No commitment required.

Typical Turnaround

Most deliverables completed within 5–10 business days depending on scope and complexity.

Have a deal you'd like a second set of eyes on? Let's set up a 30-minute call.

Get in Touch →