About

A founder-led advisory practice for complex private real estate decisions.

Founded by Deji Odesanya.

Founder background

Experience shaped by acquisitions, capital events, restructurings and sponsor-led recapitalizations.

Before launching Ripple Lake Partners, Deji oversaw a large portfolio of real estate investments across multiple sectors and markets, including acquisitions, capital calls, restructurings and sponsor-led recapitalizations, with direct involvement in 100+ capital calls and workouts.

That background informs a disciplined, pattern recognition driven approach to underwriting, downside analysis and capital alignment across both stable and challenged market environments.

Multifamily Industrial Office Hotels Retail
Selected examples

Representative situations.

Capital Call Analysis
Situation

Investor faced a capital call with limited clarity on both financial outcomes and the legal consequences embedded in the operating agreement.

Action

Advised the investor by combining independent underwriting with detailed operating agreement review, analyzing dilution provisions and capital stack impacts alongside base and downside financial scenarios with market due diligence. Quantified how each decision — fund vs. decline — would affect ownership, recovery potential and overall returns.

Result

Provided a clear view of both economic and contractual outcomes, enabling disciplined decisions and helping investors avoid structurally unfavorable positions.

Mixed-Use (Apt & Retail) Development Modeling
Situation

A mixed-use development required institutional engagement where alignment depended on more than just underwriting outputs.

Action

Developed a scenario-driven proforma and translated it into stakeholder-ready insights, focusing conversations on downside risk, capital structure implications and return durability.

Result

Bridged the gap between analysis and decision-making, enabling institutional partners to engage with clarity and conviction.

Refinance & Hold vs. Sell
Situation

An investor faced a hold vs. sell decision with uncertainty around forward performance and exit value.

Action

Analyzed both scenarios and framed the decision around risk, return and capital exposure, focusing on what assumptions needed to be true for each path to succeed.

Result

Provided clarity and conviction, allowing the investor to choose the optimal path forward.