PROPERTY DEVELOPER
Funding a community, not just a property.
A seasoned property developer came to us with a clear vision — fund a 35-room rooming house in Victoria's Southeast, purpose built to provide residential community living for the elderly. Other brokers had walked away. The specialised nature of the property made it a difficult deal to place.
They needed a solution without relying on personal financials, a 65% LVR and a loan term that matched their lease. We found one.
0
0
Total Funding
$0K
$0K
Interest Rate
What We Did.
We took a deep dive into the client's property development history — past projects, current profits and pipeline — to build a picture that went beyond the financials. We approached Judo Bank, secured a valuation through CBRE and facilitated a site visit with the lenders to put the right people in the room together. Where others had walked away, we found a way through.
The Outcome.
The client got everything they asked for. A three-year loan term matching their lease, a 6.25% interest rate, $4.8M in funding and zero covenants on the transaction. A complex deal, delivered cleanly. And a community of elderly Victorians with a place to call home.
The right outcome, with the right company.
I'm interested in:
Residential
Commercial
Business
Refinance
