In one of the largest residential construction deals approved during the Covid19 pandemic, leading Australian development finance platform, Wefund, have secured $64.5 million of funding for the construction of a 19-level development in Melbourne. Wefund’s disruptive...
With so many lenders in the market, it can be confusing and intimidating trying to get your head around all the options. This includes how each type of lender operates and what they fund. When deadlines are tight – a frequent occurrence in the property development...
Risk and return levels in the Australian capital stack There are two key considerations with any investment: risk and return. In terms of risk, investors always need to consider what the outcome will be if things don’t go according to plan. For example, the Covid-19...
Australia is easing its way tentatively out of the Covid-19 lockdown and starting to look ahead to the future. Since our Prime Minister Scott Morrison activated an emergency response plan on 27 February, the pandemic has impacted almost every part of our lives. Work,...
The Scenario An established land developer operating in Melbourne’s western suburbs had commenced a project to develop a four-hectare site into 88 residential lots. The land component was $4.1 million and required a loan of $2.2 million to assist with the purchase....
Ensuring that a commercial development was profitable ten years ago was relatively straightforward. You’d consider macro factors such as the economic climate, geopolitical issues, applicable legislation and regulation, plus what was happening with the Australian...
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