Case Studies

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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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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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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No presales finance, 70% LVR, Suburban Melbourne

BACKGROUND Development Finance Partners (DFP) was engaged by its builder/developer client to procure funding for a 4 level, 8 apartment project to be constructed in suburban Melbourne. THE KEY ISSUE IN SOURCING FUNDS The client was seeking a competitive funding package with no presales, where the client’s building company was also to be the head […]

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$15.45M, Residual Stock @ 80% LVR, Debt Restructure, Sydney Metro

Development Finance Partners (DFP) was engaged by its client to assist it in procuring funds to refinance a recently completed townhouse project and a cross collateralised 2nd facility secured by a portfolio of residential properties – with the key objective of lowering the current borrowing costs. RESULTS DFP DELIVERED 1. Settlement of a $12.26m First […]

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24hr Approval, $4.9M Loan, No Presales, Owner Builder

Boutique Over 55’s Apartment / Townhouse Development Upper North Shore Sydney, NSW BACKGROUND The client acquired a development site on Sydney’s lower north shore with funds raised from a major bank a number of years ago before recently applying for approval and achieving consent for the proposed project. When the developer approached the existing bank […]

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