Stephen R. Smith

Background

About Stephen R. Smith

Ohana Capital (“OC”) is a privately owned company established in 2016 to assist in providing capital solutions for individual and corporate project transactions. Through its network of resources which straddles all key global financial centers, OC supports transactions for development projects located in a wide range of geographies. As would be expected, the alignment of interests between all parties is at the forefront of our approach to which success is measured exclusively by the delivery of performance. Through a long process of trial and error and persistent scouring of legitimate connections from OC’s business network of capital providers, consultants, lawyers and accountants, OC found a solution for asset-based financing that is attractive to developers and matches the precarious and uncertain economic challenges which we face today. For this same reason, we believe that financing structures that are essentially equity funded, and therefore flexible to the financial development of the project, are far more advantageous than debt funded structures today. An inability to service interest or scheduled repayments through debt funded structures could lead to the entire loss of the asset. At best, these types of negotiations with creditors are both time-intensive and rarely productive. These negotiations effectively pull management’s attention and resources away from the important operational success of the underlying business, and in many cases, the consequences can be detrimental to the ultimate success of the project. While there is a pricing premium for the provision of equity structures, the risk return profile of the capital solution we can offer, and a 100% funded project has overriding and compelling benefits. Furthermore, it will secure peace of mind for Project Sponsors and allow them to focus on one thing, that is, the success of their project. Our minimum total project size is $100MM with no upper limit. Feel free to reach out if you have a project you'd like to discuss. In summary, Ohana Capital provides the following- 1. 100% financing for Construction- only projects 2. All Equity structures 3. We are geographically 'agnostic' 4. Only total project sizes of $100MM or larger considered; no maximums 5. All asset classes will be considered, including hotels