BMC Talks Podcast Welcomes Matt Sirianni to Discuss the Capital Stack in Real Estate

The Burnham-Moores Center for Real Estate’s podcast, BMC Talks, has released its latest episode, featuring Matthew Sirianni ’15, vice president at Fident Capital. In this engaging conversation, host Alexander Alemany ’13 (MBA) explores the intricacies of structuring the capital stack in real estate development—an essential yet often complex aspect of the industry.

Sirianni brings a wealth of experience to the discussion. At Fident Capital, he leads underwriting, packaging, marketing, and closing of both debt and equity placement opportunities, while also overseeing internal systems to support operations. His career began at Wells Fargo’s Commercial Real Estate group in San Diego, where he specialized in underwriting more than $200 million in New Markets Tax Credit projects, blending public and private financing to spur development in underserved communities. A graduate of the University of San Diego with a degree in finance and real estate, Sirianni remains active in the professional community through the Urban Land Institute.

In the episode, Alemany and Sirianni dive into the mechanics of the capital stack—how different layers of debt and equity come together to fund projects—and why the right structure can make or break a development. Sirianni also shares insights from real-world case studies, illustrating how financing strategies must adapt to align with a developer’s goals. His reflections offer not only technical knowledge but also a look into the human side of working with partners, investors, and communities in shaping the built environment.

For listeners interested in the intersection of finance and development, the episode provides both practical strategies and big-picture perspectives. It also highlights the Burnham-Moores Center’s mission of preparing students and professionals to lead in a dynamic real estate industry.

Season 3, Episode 4 of BMC Talks, “Designing the Capital Stack for Real Estate Development—A Conversation with Matt Sirianni,” is now available on Spreaker and all major podcast platforms.