Real Estate Investment Advisory
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.
Why Vantmark
From acquisition underwriting and development proformas to asset management and disposition strategy — every deliverable is informed by real experience across the entire deal lifecycle.
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.
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
What We Do
Six engagement types covering every stage of the investment lifecycle. Click into any service for the full scope.
Comprehensive financial models with dynamic assumptions, sensitivity tables, IRR / equity multiple analysis, waterfall distributions, and lender-ready debt coverage projections.
View Details →Deal-level evaluation covering return metrics, risk-adjusted performance, comparable transaction analysis, and go / no-go recommendation frameworks built for LP and lender audiences.
View Details →In-depth submarket research including rent trends, vacancy dynamics, supply pipeline, demographic drivers, and economic fundamentals for any target geography.
View Details →Compelling, visually polished presentations that articulate your thesis, market opportunity, deal structure, and sponsor track record to prospective equity partners and LPs.
View Details →Professional-grade OMs that tell the complete investment story — from property overview and financial projections to market positioning and exit strategy.
View Details →Systematic review of financial statements, rent rolls, expense reconciliation, lease abstracts, and operating assumptions to surface risk before you close.
View Details →Service Details
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
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
Acquisition or development pro-forma with full revenue, expense, and capital projection logic — annual and monthly cash flows configurable to deal type.
Multi-tier promote structures with preferred returns, IRR hurdles, catch-up provisions, and clawback logic — modeled to LP / GP split spec.
Two-way data tables on the variables that move the deal: rent growth, vacancy, exit cap rate, hold period, and financing terms.
Loan sizing against DSCR and LTV constraints, agency / bridge / construction debt scenarios, and cash-on-cash optimization.
Project-level and equity-level IRR, equity multiple, average cash-on-cash, yield-on-cost, and untrended development yield.
DCR projections, sources & uses, stabilized cash flow, and assumptions memo formatted for institutional lender review.
Engagement Levels
Tier 01
Single-scenario pro-forma
Tier 02
Full institutional model
Tier 03
Multi-tier waterfall, IC-ready
Who It's For
Building the first proforma you'll show to LPs and a lender — and needing it to look like the tenth.
Underwriting more deals than the in-house team can keep up with — throughput without quality loss.
Modeling ground-up construction with sources and uses, draw schedules, and stabilization scenarios.
Producing IC-ready packages with multi-tier waterfalls, promote calculations, and LP-grade documentation.
Service · 02 · Investment Memos & IC Packages
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
Top-of-memo abstract framing the opportunity, the ask, projected returns, and the recommendation in one read-it-fast page.
Return-metric synthesis (IRR, equity multiple, cash-on-cash, yield-on-cost) with the underwriting drivers and downside scenarios behind them.
Submarket positioning with rent comps, supply pipeline, and demographic tailwinds — anchored to the deal's actual drivers.
Itemized risks with severity, likelihood, and a mitigation framework — written for the partner who's going to push back hardest.
Recent in-market trade comps benchmarking your basis, cap rate, and value-add thesis against what the tape actually says.
A direct go / no-go / conditional position — with the conditions, contingencies, and monitoring milestones spelled out.
Who It's For
Producing the memo your committee will actually read — and not have to rewrite the night before.
Evaluating multiple deals at once and needing third-party rigor on the ones that survive triage.
Requesting independent analysis on a sponsor-led opportunity before committing capital.
Building institutional analytical infrastructure without the fully loaded in-house team.
Service · 03 · Market & Feasibility Studies
Submarket analysis, highest-and-best-use evaluation, supply/demand dynamics, demographic drivers, and development feasibility — for any geography, any product type.
What's Included
Rent trends by class and unit type, vacancy dynamics, absorption patterns, and the comp set anchoring your basis assumption.
Project-by-project review of permitted, under-construction, and lease-up product within the trade area — and the pipeline risk it implies.
Employment composition, household formation, income growth, migration trends, and the demographic tailwinds (or headwinds) the deal depends on.
Use-case evaluation across asset types — what the site supports, what the market wants, and what the underwriting actually rewards.
Site-level feasibility for redevelopment or ground-up — entitlement posture, infrastructure capacity, and capital-stack viability at current cost levels.
Curated list of recent trades and operating comps — with cap rate, basis, rent, and amenity benchmarking framed against your target.
Who It's For
Stepping into a new MSA and needing the local fundamentals before quoting a basis to a seller.
Validating an entitlement play or HBU question with a feasibility view that survives lender scrutiny.
Triaging deals across multiple submarkets and needing a fast, defensible read on each before bidding.
Stress-testing a sponsor's market case with independent demand and supply-side validation.
Service · 04 · Investor-Ready 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
Headline pitch articulated in one sentence and one slide — the single statement your LP repeats to their committee.
Submarket positioning, demand drivers, and the macro tailwind framed visually — credibly, without overstatement.
Capital stack, equity terms, sponsor co-invest, fee structure, and waterfall — laid out cleanly so investors can model it themselves.
Returns visualized — IRR, equity multiple, cash distributions, and downside scenarios charted for fast comprehension.
Bios, prior deals, realized returns, and team depth — packaged to build credibility from the cover slide forward.
Honest risk treatment with mitigation, plus a defensible exit narrative — addressing the questions LPs always ask.
Who It's For
Building the deck that introduces your sponsorship to the LP community for the first time.
Refreshing a deck for a new deal or fund vintage without burning your in-house team's bandwidth.
Telling a ground-up story that includes entitlement, construction risk, and stabilization in a clear arc.
Producing a fund-level deck for institutional LP outreach — track record, strategy, and pipeline made tangible.
Service · 05 · OM Production
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
Asset-level narrative — location, physical condition, unit mix or tenant roster, capital improvement history, and operating story.
T-12 normalization, year-over-year operating performance, projected stabilized NOI, and the underwriting that supports it.
Submarket context, comparable rent and sale comps, demand drivers, and the case for why this asset wins in this market.
The five-bullet pitch that lives on the cover spread — distilled from a dozen possible angles into the ones that matter.
Clear thesis on hold period, exit cap rate, refinance optionality, and the buyer profile most likely to execute the take-out.
Photo treatment, custom maps, comp tables, and on-brand layout — designed to read well in print and on screen.
Who It's For
Listing an asset and needing the OM that drives bids — not the boilerplate that gets skimmed.
Adding capacity for high-stakes listings without diverting your in-house production team.
Marketing a stabilized development to permanent capital — the OM that earns institutional bids.
Marketing portfolio assets to direct buyers, recap partners, or secondary buyers in a structured process.
Service · 06 · Pre-Close Review
Systematic review of financial statements, rent rolls, expense reconciliation, lease abstracts, and operating assumptions — surfacing risk before you sign.
What's Included
Trailing 12-month and historical operating statement review with non-recurring add-back validation, expense category audit, and seller-NOI reconciliation.
Unit-by-unit lease audit with concession scrubbing, loss-to-lease quantification, market rent gap, and renewal vs. new-lease premium tracking.
Line-item operating expense reconciliation against industry benchmarks, peer assets, and the underwriting assumption — with variances flagged.
Critical clause extraction across the lease portfolio — escalations, options, exclusions, recapture rights, and tenant-friendly provisions.
Stress-testing of the underwritten growth, vacancy, and exit assumptions against the rent roll, the comp set, and the macro picture.
Written deliverable with risk register, dollar-impact estimates, re-trade considerations, and recommended deal-protection language.
Who It's For
Closing on an acquisition and needing a second pair of eyes on the seller's numbers before the inspection period runs out.
Running multiple deals at once and needing throughput on diligence without sacrificing the rigor that catches problems.
Validating sponsor underwriting on a loan request — independently sourced, professionally documented.
Reviewing a sponsor-led opportunity and wanting independent diligence before committing capital to the deal.
Asset Classes Covered
How It Works
Every project follows the same predictable framework — clarity from first conversation to final delivery.
We align on your investment criteria, timeline, and deliverable needs.
A clear engagement scope and fee proposal within 24 hours.
Thorough research and modeling delivered to institutional standards.
A collaborative review session with revision rounds included.
Meet the Principal
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.
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
A cross-section of deals Jackson has touched — across asset classes, markets, and every stage of the investment lifecycle.
Senior Living / Memory Care
Underwriting · Pitch Deck · Offering Memorandum →
Multifamily · Acquisition
Investment Analysis · Underwriting →
Multifamily · Class A
Investment Analysis · Market Research →
Industrial · 100,000 SF
Underwriting · Offering Memorandum →
Multifamily · Greensboro, NC
Development Proforma · Market Analysis →
Multifamily · Urban Core
Underwriting · Investment Analysis →
Multifamily · Florence, KY
Acquisition Underwriting · Due Diligence →
Industrial / Data Center · Cincinnati, OH
Feasibility · Development Proforma →
In Their Words
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."
"Vantmark turned our story into something LPs immediately understood. We hit our raise target three weeks ahead of plan."
"Their submarket work flagged a supply risk we'd missed. We renegotiated the basis and walked into a deal we could actually defend."
Note: testimonial copy above is placeholder — swap in real client names, titles, and quotes when available.
Free Resource
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
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.
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 →