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 […]
MoreObtaining Property Development Loans with No Pre-Sales
What key institutions have to say about pre-sale contracts in the future of development finance. Pre-sales remain a key factor for project development and obtaining property development finance. Learn about pre-sales and discover how they can impact your property development loans. Consider your borrowing power and lending criteria Before you commence any development project or […]
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What your banker will never tell you – Part 2
By Development Finance Partners / Matthew Royal As promised, in part 2 of “What your banker will never tell you” I will give you valuable insight into some of the general principles which Development Finance Partners uses to negotiate favourable outcomes with your bank/banker in times of stress and pressure, where a development went toxic, a […]
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What your banker will never tell you…
By Development Finance Partners / Matthew Royal Today I will take you inside a bankers head and tell you what he will never tell you. I will also tell what mistake never to make as a commercial property developer and how a bank might react to being behind on your construction loans. It’s not often […]
MoreNo pre-sales funding; removing a hurdle in the project finance
By Development Finance Partners / Matthew Royal An example of a nil pre-sales facility The Brief A Developer was introduced to Development Finance Partners after having lengthy delays with a major bank and their protracted assessment process of several months due the this development being only the second project for the new developer, a new […]
MoreDon’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: […]
MoreWould You Put All Your Eggs In One Basket?
Most often, the mortgage economy prefers a lending system that can change as financing ideas evolve. We the consumers want some flexibility in the lending process because not every borrower is a letter-perfect loan applicant. Similarly, not too many lenders, or even mortgage investors, would want to play around with loans outside its safe harbour, […]
MoreIs your bank making it difficult for you to borrow?
What are the non-bank alternatives? Whether you’re a highly experienced Property Developer or not, getting the financing of your Property Development right from the outset is a vitally important element of any Property Development Strategy. In today’s post GFC environment failing to incorporate a well structured financing strategy from the very beginning into the total […]
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Sydney NSW 2000
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Melbourne VIC 3000
P/ 03 8692 0082
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Brisbane QLD 4001
P / 07 3041 4136
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- 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
