Tag Archives: Construction

Finance Consultants Perth Western Australia

Finance Consultants Perth Western Australia

Prudential Finance is seeking finance consultants Perth Western Australia to head up Prudential Finance’s new Perth office to service Western Australia.

This exciting role for experienced development finance, construction finance and private funding professionals to work within the Prudential Finance brand, established 15 years in Sydney.

finance consultants perth western australia

Providing unparalleled knowledge, support and marketing expertise to enable the successful applicants to penetrate and capture market share.

A generous fee based renumeration package will be offered to successful candidates, ensuring high achievers will prosper financially.

Call Prudential Finance today 1300 550 669 and discuss this exciting new opportunity for finance consultants.

For more information about Prudential Finance go to About Us

 

Development site values start to crack

Development site values start to crack

“Metropolitan development sites values, which have surged in recent years on a wave of Chinese money, are showing the first signs of correcting after developer Nicholas Smedley secured two sites at discounts of 30 per cent or more after vendors rejected his original off-market offers, thinking they would get more through a public campaign.

Chinese buyers have quit the market in droves, and off-the-plan sales rates have slowed drastically in Sydney and Melbourne meaning the building boom is starting to wane.”

For the full article go to Australian Financial Review

Development Finance Availability

With property development site values falling due to market forces and Banks tightening lending criteria, private property loans are the flavour now and into 2018.

Prudential Finance has private development loans available for experienced property developers, loans from $5M to $1B.

Call 1300 550 669 to discuss your development finance requirements.

Read more Development Finance

Development Finance

Development Finance

Prudential Finance is Sydney based and services all areas of Australia. Prudential Finance has been procuring development finance for property developer clients for 15 years here in Australia.

Call 1300 550 669 now to discuss your development finance needs.

development finance
Sydney based at Aurora Place

Development finance from Banks is keenly priced at sub 6% for property developers with experience and good equity in projects.  Loan to cost ratios are around 70%. Banks have significantly pulled back lending due to heavier regulation and capital adequacy requirements, although we are finding Bank development finance approvals  are still occurring for high quality projects matched with experienced developers.

Mortgage Fund and Private Funds start at 9% p.a. and loan to value ratios are up to 70%.

Developers forced out of the Banking system due to harsher loan criteria are still getting their projects funded by mortgage funds and private lenders.

No Presales Construction Finance is available from 9.5% p.a.

We are experiencing a stable real estate market in Australia which is an ideal time for property developers to capitalise on the very low interest rates.  Finance commentators expect interest rates to remain stable for the foreseeable future.

Mezzanine Finance

Mezzanine finance is readily available for financially viable real estate projects.  Interest rates start from 15% p.a. to 20% p.a.

Joint Ventures

Joint Ventures are available for projects located in capital cities or fringe areas (not regional).  Terms are by negotiation.

Equity Investors

Prudential Finance is always happy to discuss upcoming projects with investors who would like to achieve a higher interest rate than currently available  from Banks or other institutions. Invest directly into property development projects for returns of 7% p.a. to 20% p.a.

See some of the projects financed by Prudential Finance https://youtu.be/rlLQFonmO6c

Call Prudential Finance 1300 550 669

Sydney-Melbourne-Brisbane-Perth-Adelaide-Darwin-Cairns-Townsville-Rockhampton

 

 

Private Property Loan Darling Point Sydney

Private Property Loan Darling Point Sydney

Prudential Finance approved a private property loan for $5.6M for the purchase of a home in the exclusive Eastern Suburbs, Darling Point, with no valuation, at 70% of purchase price and was ready to settle within 3 days!

Prudential Finance is a private lender for non-coded business related loans secured by real estate.

For your next private loan call 1300 550 669 Prudential Finance

Private Property Loan Darling Point Sydney
Private Property Loan Darling Point Sydney

Development Finance

Development Finance

The latest view on Australian interest rates:

Australia’s central bank said the nation’s economic outlook remains uncertain because of the conflicting forces at play and reiterated that interest rates are set to remain on hold.

Members “noted the significant uncertainties around the growth forecast and the importance of considering the risks to the forecast as well as the central projection,” the Reserve Bank of Australia said in minutes released today of its August 5 meeting, where it kept the cash rate unchanged at a record-low 2.5 per cent. “GDP growth was likely to have slowed to a more moderate pace in the June quarter.”

Prudential Finance says; “Prevailing development finance interest rates are providing property developers with an economical and stable finance environment to forge ahead in a solid real estate market.”

Development Finance
Prudential Finance “the Developer’s Financier”

Development Finance is easily obtainable for quality projects and qualified developers.  Go to  Development Finance

Prudential Finance is actively looking to participate in property development joint ventures in Sydney, Melbourne Brisbane and Perth.  Minimum project size $10M total development costs. Go to Property Joint Ventures

Partner with Prudential Finance.

Call Prudential Finance 1300 550 669 to discuss your development finance requirements.

 

the property developer's financier

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Phone 1300 550 669
International +61 4 0084 0756

PO BOX 1450 Double Bay NSW 1360

Office
Level 25 Aurora Place, 88 Phillip Street
Sydney NSW 2000 Australia

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