Property Development finance

Construction Loan brokers based in Melbourne servicing Australia wide

Property development is a continually evolving industry that is vulnerable to sudden shifts in economic climate. Marketplace conditions can shift and change almost overnight, affecting your project’s profitability. This is why it’s critical to ensure that you get the right financial advice and guidance from the very beginning.

Development Finance Checklist

RECENT DEVELOPMENT SETTLEMENTS FUNDED THROUGH PERRY FINANCE

Essendon; 16 apartment block – First mortgage loan amount $5.3m LVR 60%

Oakleigh; Construction of 73 apartment development – First mortgage loan amount $22.0m LVR 66%

Preston; Construction of 5 townhouses – First mortgage loan amount $1.64m LVR 65% with mezzanine of $230k

Ringwood; Construction of 4 townhouses – First mortgage loan amount $1.3m LVR 70%

Croydon; Construction of 4 townhouses – First mortgage loan amount $945k LVR 70% with mezzanine of $250k

Bendigo; Land Settlement of $114k LVR 80% then construction of 5 units by first mortgage loan amount $919k LVR 70% with mezzanine of $100k

Why Choose Perry Finance for your Property Development Loan?

Our Property Development Finance team stays up-to-date on the very latest news and developments in the construction finance market. We understand the fickle nature of an ever-evolving marketplace and how it can impact your development project.

Commercial, Retail, Residential, Industrial Projects.

We provide Property Development Finance for small-to-medium residential projects, all the way through to multi-million dollar retail, commercial, industrial and office developments. No matter how big or small we’ll undertake detailed market research to find the best loan solution for your requirements.

We help you overcome the challenges of dealing with the Big Banks

Often projects do not proceed or are held up due to issues with loan financing. We help you meet the challenges of finding funding for property development by ensuring correct debt structuring - vital for maximising profits in any development project. 

Perry Finance can assist with your property finance by:

Providing structured finance solutions for your project

 

Sourcing suitable funding from our network of development lenders, ranging from major banks to small private lenders

Preparing credit submissions on your behalf and managing the funding process for you to settlement

For property developments requiring flexible funding, we are able to provide the following financial products:

  • Development funding to 70% GRV on projects
  • Land banks for development sites
  • Mezzanine funding
  • Take out finance for half-completed projects
  • Joint venture funding

Want to know more about our property development finance services?

To get help with financing your property development project please call (03) 9900 6227 or fill out our Development Finance Fact Finding Form and return to us at info@perryfinance.com

Latest news

ASIC releases new responsible lending guidelines

A new set of responsible lending guidelines have been released with the goal of clarifying the obligations of lenders.

Surging house prices could see a return to regulator screw tightening

The renewed surge in house prices of late is welcome news for some but could see a return to some more macroprudential tightening.

Super Saturday in Melbourne as auction market heats up

The late spring selling surge continued in Melbourne and around Australia on the weekend with more than 3000 homes going under the hammer.

RBA rules out negative interest rates for Australian economy

The Reserve Bank governor has essentially ruled out the possibility of Australia using negative interest rates or other unconventional policies to stimulate the economy.