How smart property developers are locking in their profits, reducing risk and thriving during lockdown!
The property market is on fire, and it’s time to monetise your stock. But with much of Australia’s population slowly emerging from deep lockdown for at least another month and restrictions likely to come and go for who knows how long, developers need to adjust their strategy. It’s never been more critical to get projects […]
More
Site refinance and construction with a 67.5% Net Realisable Value
How we helped our clients with 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, […]
More
How We Used Working Capital Facilities to help our Client to Refinance
Had your funding fall over? Here’s how we are helping developers refinance By Michelle Gamble Refinance & Working Capital Facilities Melbourne, Victoria $8,500,000. Although like everything with tax, the particular facts may alter the outcome, I am here to clarify the general position in relation to the GST and (NSW) duty treatment of the grant and […]
More
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 […]
More
Real Estate Project Financing for Affordable Housing Project Miranda NSW
$3,300,000 Construction Finance Acquired Real Estate Project Background Development Finance Partners (DFP) was engaged to assist its client to procure construction development 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 […]
More
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 […]
More
No presales finance, 70% LVR, Suburban Melbourne
BACKGROUND Development Finance Partners (DFP) was engaged by its builder/developer client to procure funding for a 4 level, 8 apartment project to be constructed in suburban Melbourne. THE KEY ISSUE IN SOURCING FUNDS The client was seeking a competitive funding package with no presales, where the client’s building company was also to be the head […]
More
$15.45M, Residual Stock @ 80% LVR, Debt Restructure, Sydney Metro
Development Finance Partners (DFP) was engaged by its client to assist it in procuring funds to refinance a recently completed townhouse project and a cross collateralised 2nd facility secured by a portfolio of residential properties – with the key objective of lowering the current borrowing costs. RESULTS DFP DELIVERED 1. Settlement of a $12.26m First […]
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
Land Subdivision
Senior Debt loan $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 comprises 11 exclusive, ready to build residential land lots where the purchaser is able to choose their own builder and design their […]
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
- Development Funding – What are the real property development costs involved?
- Navigate today’s commercial property market trends and overcome the pre-sales 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
