Site refinance and construction with a 67.5% Net Realisable Value

How we helped our clients with Senior & Mezzanine Facilities totalling $13.6m for site refinance and construction of 34 apartments at 67.5% of the Net Realisation Valuation in Cheltenham, Victoria PROJECT BACKGROUND Construction and development of a residential apartment project of 34 residential dwellings over four levels above a basement carpark. LOCATION OF PROJECT Cheltenham, […]

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Property investment interest rates: What happens when interest rates hit zero?

Why are interest rates falling? Australia’s interest rates have again been a casualty in the battle against rising unemployment rates and a stalling economy – posing the question: what will happen when interest rates hit zero? At the start of October, the Reserve Bank announced that it would cut the official cash rate to below […]

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How to Choose the Right Finance Partner for your Development

Securing finance with the right finance partner centres around the careful science of matchmaking. We want to step you through a thoughtful process of how to go about finding the right finance partners for your business development. Know your strengths and weakness when applying for a finance business partner. As we all know, one of […]

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How first-home buyers benefit from the First Home Loan Deposit Scheme and a growing property market

First-home buyers benefit from a growing residential property market Australia’s housing sector continues to show signs of optimism in the wake of Federal Election promises and a string of good news for developers, including the fact first-home buyers are set to begin streaming into the market off the back of government incentives. Official restrictions on […]

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How We Used Working Capital Facilities to help our Client to Refinance

Had your funding fall over? Here’s how we are helping developers refinance By Michelle Gamble Refinance & Working Capital Facilities Melbourne, Victoria $8,500,000. Although like everything with tax, the particular facts may alter the outcome, I am here to clarify the general position in relation to the GST and (NSW) duty treatment of the grant and […]

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Commercial Loan Workouts and Renegotiation

By Michelle Gamble How we can ensure property development projects remain profitable When unexpected changes in the market arise, it is important for developers to turn to experts early on to ensure that projects not only stay afloat, but also turn a profit. According to the Bureau of Statistics’ most recent figures, Australia’s economy shrank […]

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Case study: How we helped our clients obtain urgent finance to purchase an investment property significantly below market value

Urgent finance to purchase 6 apartments from property liquidators Background Our clients approached Development Finance Partners (DFP) Director Bronko Kozel, early August 2019 to urgently obtain an approval for finance to purchase of 6 units from Liquidators. The agreed purchase price was $2.65m which was below the assessed market value of circa $3.5m. The clients […]

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Real Estate Project Financing for Affordable Housing Project Miranda NSW

$3,300,000 Construction Finance Acquired Real Estate Project Background Development Finance Partners (DFP) was engaged to assist its client to procure construction development finance for a boutique 8-unit project in Southern Sydney, being developed pursuant to the State Government’s Affordable Housing Scheme. Under the scheme, a portion of the accommodation (to circa 25%) is required to […]

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Case Study: Construction Finance with No Pre-Sales

How We Secured $3,100,000 in Construction Finance for an Affordable Housing Project Sutherland Shire NSW BACKGROUND Development Finance Partners (DFP) was engaged to assist its client to procure construction finance for a boutique 8 townhouse project in Southern Sydney. The project is to be developed pursuant to the State Government’s Affordable Housing Scheme, wherein circa […]

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Senior Debt loan $1.3m for Business Working Capital to Assist With Purchase Of A Business Asset From A Business Partner

BACKGROUND Development Finance Partners (DFP) was engaged to provide a cash out facility for business working capital to buyout an exiting business partner. The cash-out was against unencumbered land in Tasmania and construction funds to complete some projects under construction. The client has been a long standing client of DFP for the past 15 years […]

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