Category: case_studies

Case Study | Residual Stock – Hampton, VIC

DFP secured a Residual Stock loan for equity cash out, $600k at a 65% LVR, with a new valuation completed and settled in under 3 weeks. Project Background DFP was 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 […]

More

Case Study | Zero Presales – North Kellyville, NSW

DFP secured a Senior Debt construction loan of $4.5m for site settlement and civil works for the completion of 11 residential allotments at 65% of the Gross Realisation Valuation in North Kellyville, NSW. Project Background The subject project comprised 11 exclusive, ready to build residential land lots where the purchaser is able to choose their […]

More

Case Study | Residual Stock Loan – Heidelberg, VIC

$3m Residual Stock senior debt loan for completed development at 70% LVR – Heidelberg, VIC Background We were engaged by the borrower to obtain residual stock finance to exit a construction loan that DFP sourced and settled with the client in the middle of the first-wave of COVID-19.   The client completed construction in August 2021 […]

More

Case Study | Residual Stock Finance for newly completed townhouses – Beckenham, WA

Residual stock finance for a newly completed townhouse project in Beckenham, WA. Project Background Refinance of residual stock, for 7 x newly completed townhouses to help a developer meet their obligations during wildly fluctuating market conditions as a result of Covid-19. The development comprised 7 boutique single-level residences. Location of Project Beckenham W.A. The Brief […]

More

Case Study | Land Bank Finance – Warriewood, NSW

Development Finance Partners was engaged to provide an urgent short term funding solution for a development site. DFP secured the necessary funding within one week. Project Background The development is located on the northern beaches of Sydney at Warriewood, NSW. Construction facility – $8,500,000 to assist with acquisition of land and construct 7 Townhouses and […]

More

Development Finance Partners helps developer keep his Byron Bay dream alive

After his dream project got off to a nightmare start, developer Alasdair Baker of Omira Property Group needed some quick footwork to get it back on track for a profitable outcome. Alasdair Baker was excited when his Omira Property Group managed to secure a prime corner block in a highly sought-after neighbourhood of holiday mecca […]

More

Case Study | Melbourne, VIC | No Presales Construction Finance

No presales finance, 70% LVR, Suburban Melbourne Background Our client a builder/developer approached Development Finance Partners (DFP) to procure funding for a four level, eight apartment project to be constructed in suburban Melbourne. Challenges The client was seeking a competitive funding package with no presales, where the client’s building company was also to be the […]

More

Case Study | Residual Stock Loan, Sydney, NSW

$15.45M, Residual Stock @ 80% LVR, Debt Restructure, Sydney Metro, NSW Background Our client engaged with DFP to assist in procuring funds to: Refinance a recently completed townhouse project and cross collateralised 2nd facility secured by a portfolio of residential properties The key objective to lower the current borrowing costs. Results 1. Settlement of a […]

More

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 […]

More

Case Study | Balmain, NSW

Structured finance loan, borrowing against a portfolio of property assets | $30 million, 12 month interest loan with a 78% LVR. Background The developer sought finance to assist with the purchase of the site and construction finance for the 22 construction and development of 22 residential apartments. They had started marketing and presales and wanted […]

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