Realtech Capital Group Inc.’s Post

Want an insight into how a Assetline Construction loan can came to life? Watch here https://lnkd.in/g-wQ3_2u This luxury build in Rose Bay involved three luxury, full-floor units overlooking the water. This scenario required refinancing for the land and construction financing from the ground up. Because of the complexities of this being a Class 2 build, the borrower was able to lean on our specialised construction experience and our internal construction management team. Flexibility was key for this borrower, which we were able to accommodate. We were also able to make their strict timelines, with the DA already in place. Speaking about the project, the borrower says 'we've had a long relationship with Assetline. This is our 5th or 6th project together. There are many factors in construction finance. I've always found Assetline extremely easy to deal with in terms of what their requirements are and what criteria need to be met. If that criteria is met, the process is super simple. We've got to know the construction team there over many years. They understand the business, they understand the pain that developers and builders go through, and it's really refreshing having a partner in the process that actually understands what happens on a day-to-day basis. Jason Terence Lucas Laura Stanley Jamie Crooks Celia Li Aoife Reilly Royden D'Vaz Rose Natoli Arthur Karvelas #AssetlineCapital #Assetline #PropertyFinance #ConstructionFinance #ConstructionLoans #SeriousCapitalMadeSimpler #NonBankLender #NonBankLenderAustralia #NonBank #NonBankLoans #AustralianLender

Our team recently closed another multifamily bridge loan which will help our client conduct major interior and exterior property enhancements. The 18-month fixed loan provides enough time for our borrower to improve property revenue and perm out this loan in a more favorable rate environment. The loan was structured at 77% LTV and no prepay penalty, with the borrower self-funding capital improvements and interest carry. Bridge products can still make a lot of sense for apartment deals as cap rates widen and interest rates contract. Special thanks to Sean Farag and MBI Equity Partners for your help in making this happen! #capitalmarkets #CBRE #debtandstructuredfinance #multifamily #bridgeloan #agencylending #realestate #realtor #developers #CRE #CREfinance #fixnflip #purchaseloan #refinance #commercialrealestate #mortgagebroker #closeddeal #capitalmarkets #1031exchange #investmentproperty #investmentrealestate #cashoutrefi #money #commercialloan #constructionloan

Our team recently closed another multifamily bridge loan which will help our client conduct major interior and exterior property enhancements. The 18-month fixed loan provides enough time for our borrower to improve property revenue and perm out this loan in a more favorable rate environment. The loan was structured at 77% LTV and no prepay penalty, with the borrower self-funding capital improvements and interest carry. Bridge products can still make a lot of sense for apartment deals as cap rates widen and interest rates contract. Special thanks to Sean Farag and MBI Equity Partners for your help in making this happen! #capitalmarkets #CBRE #debtandstructuredfinance #multifamily #bridgeloan #agencylending #realestate #realtor #developers #CRE #CREfinance #fixnflip #purchaseloan #refinance #commercialrealestate #mortgagebroker #closeddeal #capitalmarkets #1031exchange #investmentproperty #investmentrealestate #cashoutrefi #money #commercialloan #constructionloan

I caught up with a national multifamily construction lender this morning. Sharing some notes below on their program. Loan amounts - $50M - 200M+ Term - 36 months with two (2) 12-month extensions Leverage - Up to 80% LTC Fixed-rate - starting at 9.50% Full Term Interest Only No Interest Rate Cap Required No Principal Recourse This balance sheet lender has very competitive A/B note structure to achieve accretive pricing and higher leverage. Their A note is separate account insurance money while their B note is private equity capital. They are solving to a stabilized debt yield of 7.5% on their last dollar exposure while their A note is sizing to a mid-high 8% range. Higher octane leverage will price in the 10-11% range (fixed). This structure is a compelling alternative to floating-rate senior-stretch and bank + preferred equity structures given the fixed-rate nature, avoidance of a rate cap purchase, and costly preferred equity. Many lenders, LPs and developers alike continue to believe that if you can get shovels in the ground today, asset performance in many markets will be achieved due to lack of starts in 2023 and 2024. Stretch construction financing, like this structure, is one of many ways to reduce the total common equity needed to start a development. Please don't hesitate to reach out if we can be a resource. #constructionfinancing #capitalmarkets #multifamily #development Greysteel

From Warehouse to Multifamily: My Unique Real Estate Strategy Discover how I turned a warehouse into a profitable multifamily housing project. Learn about land entitlement, construction loans, and the process of erecting a 25-unit complex building. Watch now to unlock the secrets of my success in the real estate industry. #RealEstateInvesting #MultifamilyHousing #WarehousetoHousing #ConstructionLoans #PropertyDevelopment #RealEstateStrategy #InvestmentOpportunities #LandEntitlement #RealEstateSuccess #ProfitableProjects

Just Settled! Congratulations to first-time developers Brendan and Andi, who are now pursuing their dream of launching their first duplex development project. Deal Overview: Valuation: $1,250,000 Loan Facility: $750,000 Lender: Bank LVR: 60% Term: 15 Months Facility Type: Senior Debt Construction Facility Brendan, a lifelong owner-builder, recently engaged me to help secure funding to transform a piece of land he’s owned into his first duplex development project. While not the largest or most complex deal, this settlement is especially satisfying due to the genuine enthusiasm and determination from Brendan and Andi, who have long seen this goal as out of reach / abstract. After they initially pursuing tier-one banks without success, I refocused their approach, positioning them with a lender that not only met their financing needs but also allowed them to carry out the build as both builder and developer—a challenging combination for first-timers. The result: a competitive 15-month term with a sub-10% interest rate. Supporting clients like Brendan and Andi on their development journey is what makes this work rewarding, especially when the goal is to 'do if for their kids future'. Looking to finance a property development project? Reach out to Michal at 0438 358 226 or email michal@mworks.com.au. #JustSettled #PropertyDevelopment #ConstructionFinance #FirstTimeDevelopers #SeniorDebt #FundingSuccess #RealEstate #PropertyInvestment #DevelopmentFunding #ClientSuccess #MortgageBroker #DreamProject #FinanceYourFuture #MWorks

Discover how a builder's reputation is transforming the landscape of development finance. Stamford Capital Australia's latest survey reveals heightened due diligence and strong lending appetite amidst industry challenges. Dive into the key findings and implications for the future of housing development. Property Council of Australia #propertyaustralia #lending #financing #construction #privatelending

Great share Property Council of Australia