Case Studies - page 3

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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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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$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 […]

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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 […]

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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 […]

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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 […]

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Senior Debt loan $4.6m for Residual Stock Finance for 4 completed homes on the Mornington Peninsula with short term caveat finance to assist the group across its projects

Development Finance Partners (DFP) was engaged to provide funding solution for a Residual Stock Finance for 4 homes being completed on the Mornington Peninsula VIC and provide an immediate short term funding solution. DFP arranged and settled an urgent short term (2 month) caveat loan followed by a 12 month Residual Stock facility for $4.6m, […]

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CASE STUDY:
How did an ex-petrol station site fuel a $8M construction loan?

THE KEY ISSUES FACED BY THIS FINANCE APPROVAL AND SETTLEMENT During the period of the land purchase contract the client had obtained a DA for 7 Residential Lots and 2 Commercial Tenancies; Financing against a $3.8M “as is” valuation and not the $1.64M purchase price; Cost to complete risk associated with a variable land remediation […]

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