We’re pleased to share that we have successfully secured funding for a 20-townhouse development project, delivering a tailored solution that supports our client’s vision and financial strategy.
This funding structure allows our client to maximise leverage while maintaining a low level of pre-sale contracts. By leveraging our expertise and market insights, we identified a lending solution that aligns with their project goals, ensuring seamless execution from start to finish.
At The Brokerage, we specialise in structuring finance solutions that empower developers to bring their projects to life. If you’re looking for tailored funding options for your next development, get in touch with our team today.
- Loan Amount: $14,650,000
- LVR: 75% on as-if-complete market value (ex-GST)
- Loan to Total Development Costs: 90% (ex-GST)
- Rate: BBSY +2.75% margin + 2.75% line fee
- Debt Presale Coverage: 30%
- Lender: Non-Bank
To find out more about how we can help, contact our team today.