Property Development Finance

We believe we have a better understanding of how to secure and structure lending deals for property developments than many of our competitors.  This is because we and our principals have many years experience both as a lender and also equity risk participants.

If you have undertaken property development projects over a number of years you will have experienced how the banks in particular can change in their approach to risk.  We are closely in touch with market changes so we can secure the best available deals to our clients.

Smart Capital Partners through its access to banks, private lenders, mezzanine financiers and joint venture partners is able to arrange the most competitive finance terms at all stages of the property development market cycle.

 

Examples of Past Transactions

 

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$9,200,000
Interim Site Financing
Proposed Mixed Use Development
Parramatta Plaza
Macquarie St Parramatta
$43,250,000
Acquisition and construction finance for
Cairns Holiday Inn
Senior Debt
Supported by Standby Letter of Credit

$11,200,000
Construction finance for
Engadine Court Shopping Centre

Source Investors for Business & Property Projects

$78M
Office and Hotel Project Brisbane CBD
Arranged Debt Funding
Sourced JV Partner

While pre-sales are often a feature of apartment/unit development funding they can cause problems for developers depending on the level required by lenders.  Smart Capital can source finance without re-sales being a condition depending on the project specifics.

We are also able to develop innovative financing structures which can include: end take-outs by third party financiers; construction completion guarantees; tiered lending involving senior debt and mezzanine finance; third party equity and joint ventures.

It is possible to structure bank loans at higher loan to value ratios through a structured facility using credit enhancements such as Letters of Credit or Stand-by facilities.

RHS EMAIL

rob@smartcp.com.au

RHS MOBILE

+61 417 248 547

BUSINESS NO

+61 2 9960 7827