$60M
80 Apartments
13 Townhouses
Sydney (NSW)
The loan was structured to provide the developer with a stretched senior construction facility for a project in Box Hill Sydney to develop 80 apartments and 13 townhouses.
Balancing the risk and returns profile, managed as part of our active investment management philosophy, provides controls and confidence to our investors.
The advantage for the developer is that they benefit from a funding partner with extensive development experience. Occasio can provide valuable input at the Project Control Group meetings to enhance equity returns for the developer, and protect investor returns.
FACILITY TYPE
Stretched Senior Construction Facility
GROSS REALISATION VALUE
$60M
OUTCOMES
80 Apartments
13 Townhouses
Copyright © 2023 Occasio