Case Studies

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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Construction Facility No Pre-Sales Stage 4 Covid-19 Lock Down Melbourne, Victoria $11,000,000

BACKGROUND Development Finance Partners (DFP) was engaged by its builder/developer client to procure funding for a 4 level, 19 apartment project to be constructed in suburban Melbourne.   THE KEY ISSUE IN SOURCING FUNDS While the client was seeking a competitive funding package with no pre sales. The escalation of the Covid-19 crisis in Melbourne […]

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First Mortgage Facility for luxury home purchase – Sorrento VIC

BACKGROUND DFP was engaged by the borrower to obtain a first mortgage facility for the settlement of a purchase of a luxury residential home located in Sorrento, Victoria. The borrower notified DFP to arrange urgent finance for the settlement of the property after approaching a number of banks with little success in the current market.  […]

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Residual Stock First Mortgage Facility for equity cash out

BACKGROUND DFP had been engaged by the borrower to obtain a first mortgage residual stock facility to provide cash equity out of a single residual apartment in a previous development completed by the group. The client has recently commenced a new project and wanted to use the equity in the apartment to start project early […]

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Had Your Funding Fall Over? Here’s How We Are Helping Developers Left In The Lurch

Refinance & Working Capital Facilities Melbourne, Victoria $8,500,000   PROJECT BACKGROUND Development Finance Partners (DFP) was engaged to assist its client, a mixed-use property investment, development and building group, to procure a six-figure working capital facility to fund its ongoing activities. THE KEY ISSUE IN SOURCING FUNDS The onset and escalation of the Covid-19 crisis […]

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Residual Stock Finance For Newly Completed Townhouses – Beckenham, W.A.

PROJECT BACKGROUND Refinance of residual Stock, for newly completed townhouses to help a developer meet their obligations during wildly fluctuating market conditions as a result of the COVID-19.   LOCATION OF PROJECT Beckenham W.A.   DEVELOPMENT The development is comprised of 7 Boutique single level residences.   THE DEVELOPER The development group commenced development of […]

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Senior & Mezzanine Facilities totalling $11.415m for site refinance and construction of 19 apartments at 68% of the Net Realisation Valuation in Hampton, Victoria

PROJECT BACKGROUND Construction and development of a contemporary style medium-rise boutique building comprising 19 residential apartments over 3 levels storeys plus a single level basement carparking for 22 cars.   LOCATION OF PROJECT Hampton, VIC   THE DEVELOPER The Group is a vertically integrated, full service property development and construction group based in Melbourne. Until […]

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Guest Post – Case Study: Central Coast Development Work Out

BACKGROUND We were engaged as Receivers and Managers of a company by a major property investment fund to assist in the repayment of a $18 million facility that was in default. The loan was in relation to a 42-apartment development on the central coast that had been recently completed. At the time of the appointment, […]

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