Case Studies - page 2

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, VIC   THE DEVELOPER The Group is a vertically integrated, full service property development and construction group based in Melbourne. Until recent times, the Group has operated for most […]

More

Senior Debt loan $2m for urgent site refinance at 65% LVR

Background DFP had been engaged by the borrower to obtain construction finance for a development site located in Cheltenham that they already owned. During the process the borrower was advised by their existing lender that they would be unable to extend their existing loan term to accommodate any gap in settlement to allow construction finance […]

More

Case Study: Affordable Housing Project Sutherland Shire NSW $3,100,000

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 25% of the accommodation is required to be made available for rent to middle income […]

More

Urgent finance required to purchase 6 apartments from liquidators

Background 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 needed to act quickly to take the sale off the […]

More

$25 Million secured and unsecured landbank refinance arranged by DFP, Melbourne VIC.

Background Development Finance Partners (DFP) were engaged to provide a funding solution to immediately refinance a maturing $25 million land bank facility in Victoria. The Key Issues: The existing facility had matured and the client was paying penalties. DFP’s Role: DFP arranged and settled an 18 month $20 million land bank facility based upon an […]

More

Senior Debt loan $3.2m for urgent site refinance at 57% LVR

Background DFP had been engaged by the borrower to obtain construction finance for a development site located in Hampton that they already owned. During the process the borrower advised that the loan term on the land had expired with their existing lender and the lender could not extend the term to allow for construction finance […]

More

Affordable Housing Project Miranda NSW $3,300,000

BACKGROUND Development Finance Partners (DFP) was engaged to assist its client to procure construction 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 be made available for rent to middle income […]

More

Senior Debt loan $2m for site refinance and construction of 6 Townhouses at 65% of the Gross Realisation Valuation in Lilydale, Victoria

Project Background Knockdown of existing residence and construction of 6 double level dwellings.   LOCATION OF PROJECT Lilydale, VIC   DEVELOPMENT DETAILS The development will comprise 6 luxury townhouses with a mixture of 2 and 3 bedroom residences.   THE DEVELOPER Owner builder with an extensive background in building and construction, obtaining his Certificate 4 […]

More
Share on Facebook
Facebook
Share on LinkedIn
Linkedin
Tweet about this on Twitter
Twitter