Transforming a Development Dream into Reality
Our client, a seasoned property developer, envisioned combining 16 commercial properties into a single development site to secure Development Approval (DA). Their ultimate goal was to maximize the site’s value and achieve a profitable sale.
This ambitious plan came with significant challenges that required the right financial partner to bring their vision to life.
Project Value
$54M
Turnaround time
72 Hrs
Loan Complexity
High
Tight Deadlines and Complex Funding Needs
The project wasn’t without obstacles:
72-Hour Settlement Deadlines
Each property’s option required settlement within a tight timeframe, staggered over a year.
High Funding Requirements
With a total project value of $54M, the client needed a lender who could manage the scale.
Funding Based on Market Value
The client sought funding aligned with market value instead of option prices, which is uncommon in the industry.