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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
:
Builder / developer
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
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