$19.10m Construction Finance Carnegie, VIC
Development Finance Partners (DFP) was engaged by its client to assist with refinancing the security property and funding development and construction costs of a five-storey mixed-use building comprising 47 residential dwellings, a retail space and café premises in Carnegie Victoria. DFP had previously assisted the client with funding to acquire the site and undertake the […]
More
$13.73m Construction Finance Cheltenham, VIC
Development Finance Partners (DFP) was engaged to provide a construction funding facility for a mix of 1, 2 & 3-bedroom apartments in a 4 level, 34 apartment building to be constructed in Cheltenham Victoria. DFP had previously assisted the client with funding to acquire the site and undertake the development approval process. The Key Issues […]
More
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 […]
More
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 […]
More
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. […]
More
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 […]
More
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 […]
More
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 […]
More
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 […]
More
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, […]
MoreFor expert advice:
Sydney Office
Level 3, 31 Alfred St
Sydney NSW 2000
P / 02 8916 6246
Melbourne Office
Level 30/35 Collins Street,
Melbourne VIC 3000
P/ 03 8692 0082
Brisbane Office
Level 18, 175 Eagle Street
Brisbane QLD 4001
P / 07 3041 4136
Featured articles /
- Presales affecting property developers and how you can overcome the pre-sale hurdle.
- Our Domestic Credit Squeeze – The Perfect Storm and Opportunity for the RBA & Property Developers
- How property developers can thrive in a changing economy
- Development Finance Partners recognised as one of Australia’s most innovative and fastest growing companies
- CREDIT ALERT – “THE PARTY IS OVER”
