Tag Archives: Joint Venture

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

Brett Collins Development Finance & Mezzanine

Brett Collins Development Finance & Mezzanine

Brett Collins Development Finance & Mezzanine
Brett Collins Director Prudential Finance

Brett Collins with over 25 years experience in Property, Development Finance, Mezzanine Finance, Joint Ventures and Private Loans will provide you with expert property development and finance advice from project inception to completion.

Development Finance Consultancy

It is important to ensure you will be able to fund a new project well before you make a financial commitment to purchase the development site.

Brett Collins and the Prudential Finance team will assist with working up the project feasibility and project cashflow budget, identifying exactly how much equity, mezzanine and senior debt is required.

Joint Ventures

Prudential Finance is seeking quality projects in Sydney, Melbourne or Brisbane to participate directly by way of joint ventures.

Brett Collins Property Development Experience

From the 1990’s and onwards, Brett acquired and completed many successful projects in the prestigious Eastern Suburbs of Sydney. Projects as diverse as; the efficient refurbishment and Company Titling of blocks of apartments, Hotel conversion to apartments and obtaining development approvals through Council and the Land & Environment Court, subsequently building high quality townhouses and apartments. Brett’s development approval for large townhouses at 26 Dover Road, Rose Bay started the Rose Bay residential boom. With a 100% record in achieving development approvals and successful management expertise in delivering high quality completed profitable projects.

For quality development finance and development advice backed by successful results, call Brett directly on 0400 646 197

 

 

 

 

 

 

 

Development Finance – Sydney

Prudential Finance has available development finance – Sydney Melbourne, Brisbane & Perth.

STEINERT TIPS GOLDEN DECADE FOR SYDNEY Stockland chief executive Mark Steinert has denied claims national house prices have peaked, arguing some cities are on the cusp of a “golden decade” of price growth.

Mr Steinert the chief executive of Australia’s largest residential developer believes there is an undersupply of housing in capital cities and anticipates a 4 to 5 per cent compounded growth in house prices for the predicted future due to this demand-supply fundamental. Housing supply will increase with major roads and infrastructure projects, in conjunction with accelerated land releases and planning changes in specific areas.

Morgan Stanley economist Malcolm Wood told investors in a note the current housing cycle was in danger of being held back, if interest rates weren’t cut again. “If you’re an investor, you’ve missed the boat,” Mr Wood said, with a potential oversupply of apartments decreasing their value in inner-city areas and house price growth slowing down.

However Mr Steinert remains positive, with factors such as improved business confidence, greater job security and including migration flow (Australia’s population increases by approximately 34,000 in a month from migrant) adding to the demand of dwellings. Stockland delivers around 5000 homes a year.

The property market in Sydney, Melbourne and Brisbane should show positive growth for the foreseeable future.   Property developers have a stable property and finance market to operate in at the moment.  Prudential Finance will provide property developers with competitive development finance, mezzanine finance and also joint venture select property development projects.

Call Prudential Finance 1300 550 669

development finance sydney

Joint Venture Partner with Prudential Finance

If you are looking for a Property Development Joint Venture Partner, Prudential Finance will arrange the development finance senior debt and participate in the project by providing equity.

The Directors of Prudential Finance have long term property development experience, ability to procure senior debt and contribute equity.

Call Prudential Finance today to discuss your property development and real estate joint venture needs 1300 550 669.

the property developer's financier

Contact Us

Name

 

Phone

 

Email

 

Enquiry

 




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

Sydney            Melbourne             Brisbane



Powered & Designed by WEBFAST
Twitter - Prudential Finance Facebook - Prudential Finance