Construction Transactions
Location: Richmond, VIC
Purpose: Construction – Residential development
Loan Amount: $50,000,000
Client: Unlisted property trust
GRV: $90,000,000
Term: 24 month construction facility
Highlights: Non-recourse construction with a mix of Senior & Mezzanine development funding.
Location: Albert Park, VIC
Purpose: Construction funding for a two high end owner- builder dwellings with no presales at 80% of development cost
Loan Amount: $4,500,000
Status: Construct and sell
Client: Private owner builder
Sector: Residential
Term: 18 month construction facility
Highlights: No presales, owner builder 80% of development cost, 67% of end value set with a non-bank private financier
