Structuring Acquisition Capital For Stabilized CRE

I’ve been spending time underwriting stabilized commercial real estate (primarily high-occupancy retail) and thinking through capital stack efficiency at acquisition. With assets that are already cash flowing and carry long-term leases, I’ve found the most leverage comes from structuring early-stage capital cleanly — particularly around diligence, deposits, and speed of execution — while senior debt and seller financing handle the bulk of the purchase price. In markets like NYC, where many long-time owners are exiting, certainty of close and clean execution often matter more than marginal pricing, and thoughtful capital structuring can be the difference. Curious how others here have approached acquisition-stage capital — whether through sponsor capital, structured advances, or other mechanisms — especially when senior leverage and seller paper are already in place. Not soliciting capital — simply interested in how others have structured this.