Construction costs

DFP helps developer restructure $60m debt and workout

This article was originally published by The Urban Developer on 11 April 2022. It is reproduced here in full without amendment.  A construction project that started in 2014 will finally be completed in 2023, thanks to a tenacious developer who refused to give up and the backing of Development Finance Partners. The $80-million mixed-used development […]

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

Starting your first project but scared of hidden pitfalls? Here’s 5 tips from an experienced property developer

Managing Director, Stephen Scutt of Castlerock Capital is an experienced property developer, with dozens of projects under his belt. Property is in his blood, his passion stems from being exposed to property transactions from a young age through his father, a property lawyer. Starting with small townhouses and subdivisions, he has completed developments in residential […]

More

How Student Accommodation Developer Overcame Pandemic Panic

This article was originally published by The Urban Developer on 27 January 2022. It is reproduced here in full without amendment.  Castlerock Capitals’ Castle Student Accommodation in Sydney was thriving as a boutique student accommodation in the heart of Newtown for international students—and then the pandemic hit. Although managing director Stephen Scutts moved fast to […]

More

DFP helps developer Omira Property Group stay nimble in unpredictable times

This article was originally published by The Urban Developer on 20 January 2022. It is reproduced here in full without amendment.  With a strong shift from capital cities to regional areas following from the pandemic, Omira Property Group’s residential development success stems from Alisdair Baker’s passion for property and understanding the key drivers for property […]

More

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

Don’t Wait for RBA to Save You Money and Onerous Pre-Sale Hurdles

“Debt is the lifeblood of sustainable property development.” Market conditions since 2009 have created a difficult environment for developers (particularly of development projects) as the majority of lenders have tightened pre sale hurdles and loan to value ratio (LVR) covenants. The success of a construction project will depend on a number of key components, including: […]

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