12.0m Multi Tenant – Single Asset Commercial Funding
12.0m Multi Tenant – Single Asset Commercial Funding
Service
12.0m Multi Tenant – Single Asset Commercial Funding
Client
Private Family Property Investment Holdings
Location
Melbourne VIC
The Challenges
Client had acquired a Property with 24 month settlement period with the intial deposit being funded by incumbent bank.
Prior to settlement the client had already on sold property to a developer with profit margin locked.
A week prior to settlement incumbent bank reneged on providing a funding solution.
Our Solution
EMK Thomas took the lead role negotiating with clients legal team an extension of settlement,
Engaged with multiple lenders to deliver a funding solution under tight time constraints.
Client's Result
Property was settled within 17 days of introduction to client