Thrasher Advisors

CORPORATE AND REAL ESTATE STRATEGIES

Thrasher Advisors is a boutique law and advisory firm focused on commercial real estate. We work alongside operators, developers, investors, and capital partners on deal structuring, capital formation, debt and equity financing, real estate development and acquisitions, and private placements.

—VALUES

Four core values
guide how we work:

Honesty.

The most valuable thing we can do is tell clients what they need to know, especially when it is uncomfortable.
Creativity.

Sophisticated transactions rarely fit into off-the-shelf structures. We find a path to achieve the client’s goals, advise them honestly about risks along the way, and are never a roadblock to their ambition.
Professionalism.

Our work product matters, as does the way we conduct ourselves. Documents get read years after closing by investors, lenders, and occasionally judges. We draft accordingly.
Relationships.

We strive to become a trusted advisor across a client's career, not a service provider on a single deal. Most of our work is with clients we have represented for years. That is the measure we care about.

—SERVICES

WHO WE SERVE

Thrasher Advisors works with clients across the lifecycle of a commercial real estate transaction. We work with developers, operators, sponsors and investors on transactions ranging from single-asset acquisitions to programmatic equity relationships and discretionary funds. Our practice is concentrated in five areas. Most engagements involve more than one.

Every transaction has a structure underneath it that determines economics, roles and responsibilities, and risk allocation. We work with clients to design structures that align incentives, anticipate the issues that will surface later, and stand up under pressure. This includes joint ventures, operating agreements, waterfalls, promote and carried interest mechanics, and the documentation that supports them.
Raising capital requires understanding both sides of the table. We help operators and developers structure offerings, prepare materials, and engage with investors in a way that builds confidence and stands up to diligence. Our work spans single-asset syndications, programmatic equity relationships, and discretionary funds.
Most deals are financed through some combination of senior debt, mezzanine, preferred equity, and common equity. The right combination depends on the asset, the market, and the sponsor. We help clients evaluate options, negotiate terms, and structure financings that hold up across market cycles.
We support developers and acquirers from concept through closing, including entity formation, joint venture documentation, financing coordination, and the operational structures that make a project work after the deal is signed. Our experience covers multifamily, hospitality, retail, and mixed-use across multiple geographies.
Private placements live at the intersection of business and securities law, and the details matter. We help clients design and execute Regulation D offerings, draft offering documents, navigate Blue Sky and federal compliance, and structure investor relationships that work for both sponsor and investor over the life of the investment.

WHAT WE DO

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—ABOUT

Our clients are sophisticated real estate professionals and investors who need a partner who understands their business and helps them get to the right answer.

The firm is built around relationships. Our track record with our clients spans years, and in some cases more than a decade because we have invested the time, energy and resources to learn how they think, what they care about, and where they have misstepped before.

Meet Matthew Thrasher