PRACTICAL SOLUTIONS, SUCCESSFUL OUTCOMES
Our client-base includes large diversified property groups, small and medium-sized property developers and investors, land developers, businesses with short term funding needs supported by property security, as well as restructuring advisors.
These are just some of our recent success stories where borrowers accessed CCAM funding to complete their projects.
Land development
acquisition and development funding.
A 20-lot land subdivision without pre-sales. Senior debt provided up to 65% LVR over 15 months to enable our client to acquire the site, complete civil works, and create new titles. The client refinanced upon completion.
Land development
acquisition and development funding, including preferred equity.
A seven-lot land subdivision without pre-sales. Senior debt provided up to 65% LVR and preferred equity to fund equity shortfall over 15 months. This enabled the client to acquire the site, complete civil works, and create new titles. The client sold newly created lots and progressively paid back facility.
Residual stock
This project included 22 apartments, partly sold. Stretch senior debt provided up to 70% LVR, which enabled the client to refinance a construction loan and sell down remaining stock — without deep discounting or forced sales.
Site acquisition and preparing for construction
Funding for site acquisition for future apartment development. Senior debt was applied for, but valuation came in below estimates. As a workaround, unitranche facility (blend of first and second mortgage) provided up to 75% LVR to complete acquisition and obtain development approval for construction of apartments.
Equity release to deploy capital and progress other projects
Working with a large developer with several land development projects, CCAM provided senior debt facility up to 60% LVR to refinance remaining lots in Stage 1 and Stage 2. This enabled an equity release to acquire new projects.
Simple built form construction
The construction of 25 apartments. Senior debt arranged up to 65% LVR and funded preferred equity to cover equity shortfall over 22 months. This enabled the client to acquire their site and complete the construction of 25 apartments.