Page Text: Property Development finance
Construction Loan brokers based in Melbourne servicing Australia wide
Property development is a continually evolving industry that is vulnerable to sudden shifts in economic climate. Marketplace conditions can shift and change almost overnight, affecting your project’s profitability. This is why it’s critical to ensure that you get the right financial advice and guidance from the very beginning.
RECENT DEVELOPMENT SETTLEMENTS FUNDED THROUGH PERRY FINANCE
Essendon; 16 apartment block – First mortgage loan amount $5.3m LVR 60%
Oakleigh; Construction of 73 apartment development – First mortgage loan amount $22.0m LVR 66%
Preston; Construction of 5 townhouses – First mortgage loan amount $1.64m LVR 65% with mezzanine of $230k
Ringwood; Construction of 4 townhouses – First mortgage loan amount $1.3m LVR 70%
Croydon; Construction of 4 townhouses – First mortgage loan amount $945k LVR 70% with mezzanine of $250k
Bendigo; Land Settlement of $114k LVR 80% then construction of 5 units by first mortgage loan amount $919k LVR 70% with mezzanine of $100k
Why Choose Perry Finance for your Property Development Loan?
Our Property Development Finance team stays up-to-date on the very latest news and developments in the construction finance market. We understand the fickle nature of an ever-evolving marketplace and how it can impact your development project.
Commercial, Retail, Residential, Industrial Projects.
We provide Property Development Finance for small-to-medium residential projects, all the way through to multi-million dollar retail, commercial, industrial and office developments. No matter how big or small we’ll undertake detailed market research to find the best loan solution for your requirements.
We help you overcome the challenges of dealing with the Big Banks
Often projects do not proceed or are held up due to issues with loan financing. We help you meet the challenges of finding funding for property development by ensuring correct debt structuring - vital for maximising profits in any development project.
Perry Finance can assist with your property finance by:
Providing structured finance solutions for your project
Sourcing suitable funding from our network of development lenders, ranging from major banks to small private lenders
Preparing credit submissions on your behalf and managing the funding process for you to settlement
For property developments requiring flexible funding, we are able to provide the following financial products:
Development funding to 70% GRV on projects
Land banks for development sites
Mezzanine funding
Take out finance for half-completed projects
Joint venture funding
Want to know more about our property development finance services?
To get help with financing your property development project please call (03) 9900 6227 or fill out our Development Finance Fact Finding Form and return to us at info@perryfinance.com
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