property developer

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 […]

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No 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 […]

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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: […]

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Opportunity: Costs No Pre-Sales

Before you commence any development project or investment, it is obviously important to initially determine how much you can borrow and how you will be able to manage all associated costs of the development. The Australian economy has seen many of the major players really tighten their lending criteria. Most banks are only interested to […]

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Would 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, […]

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Is 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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