Recent Transactions

  • Lutana Street, Stafford

    Purpose of Loan: To fund the development of 18 residential apartments/townhouses Loan Limit: $4,700,000 Loan Term: 12 months, then converts to a term facility Facility Type: Construction facility Presales: Nil

    Posted at May 7, 2013 | By : | Categories : Recent Transactions | 75 Comments
  • Gordon St, Greenslopes

    Purpose of Loan: To fund the development of 18 residential apartments Loan Limit: $5,200,000 Loan Term: 12 months, then converts to a term facility Facility Type: Construction facility Presales: 75% of debt cover

    Posted at May 7, 2013 | By : | Categories : Recent Transactions | 66 Comments
  • Fenwick Rd, Boyand

    Purpose of Loan: To fund the development of 18 rural residential lots Loan Limit: $2,200,000 Loan Term: 12 months, then converts to a term facility Facility Type: Construction facility Presales: Nil

    Posted at May 7, 2013 | By : | Categories : Recent Transactions | 71 Comments
  • Blackwater – Mining

    Purpose of Loan: To develop and hold 8 pre-fabricated houses in a mining town Loan Limit: $1,000,000 Loan Term: 12 months, then converts to a term facility Facility Type: Construction facility Presales: Nil

    Posted at May 7, 2013 | By : | Categories : Recent Transactions | 0 Comment
  • Toowong Apartments

    Purpose of Loan: To fund the development of 18 residential apartments Loan Limit: $6.5m - 1st Mortgage LVR: 75% of total development costs (client was a builder/developer) Loan Term: 15 months then converts to a term facility Facility Type: Construction Facility Pre-Sales: 75% of debt cover

    Posted at May 6, 2013 | By : | Categories : Recent Transactions | 61 Comments
  • Jersey Rd, Morningside

    Purpose of Loan: To develop 10 townhouses Loan Limit: $3.6m - 1st Mortgage and $250,000 - 2nd Mortgage LVR: 1st Mortgage to 75% of gross realisation and 2nd Mortgage to 80% of gross realisation Loan Term: 12 months Facility Type: Construction Facility Pre-Sales: Nil

    Posted at May 6, 2013 | By : | Categories : Recent Transactions | 0 Comment