30 residential units

30 residential units

30 residential units
Project Details

Location:
Beenleigh

Facility Amount:
$4,600,000

LVR:
60% of Gross Realisation

Deal Writer:
Rhys Adams

Unique feature of the deal
The developer had started site works with a finance approval in place from a bank which was encumbered with a requirement of a level presales prior to the commencement of construction progress payments. Balmain was approached to arrange a funding solution without this requirement and allow the continuation of the project without delays for marketing.
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