©2018 Newground Capital Partners Pty Ltd  (ACN 607 066 044) is a Corporate Authorised Representative of Newground Funds Management Pty Ltd (ACN 117 754 971)  AFSL 484059​​

PARTNERSHIP CAPITAL

 

LAND ACQUISITION

An acquisition or development loan to cover the purchase, development application and pre-construction costs.

CLOSED TRANSACTION

CLOSED TRANSACTION

Loan Size

$$$

$5m - $20m

Gearing

Up to 65% LTV of ‘as is’ valuation

Term

6 months minimum

 

CLOSED TRANSACTION

PREFERRED EQUITY

The key difference from other forms of credit is that the repayment of capital occurs in advance of the repayment of ordinary equity. 

Loan Size

$$$

$3m - $20m

Gearing

Up to 80% LTV / 92% LTC

Term

6 months minimum

CLOSED TRANSACTION

 

MEZZANINE LOAN

In return for providing the mezzanine loan, the lender will usually take security over the property and/or the assets of the borrower, ranking after the “senior” lender.

Loan Size

$$$

$3m - $20m

Gearing

Up to 80% LTV / 92% LTC

Term

6 months minimum

CLOSED TRANSACTION

CLOSED TRANSACTION

 

SENIOR CONSTRUCTION

A loan to finance the cost of construction of a project drawn progressively over the period of construction.

Loan Size

$$$

$10m - $50m

Gearing

Up to 70% LTV / 85% LTC

Term

12 - 36 months

CLOSED TRANSACTION

CONTACT  NEWGROUND