Our Solution
After a full review of their financial position, our solution involved putting together a comprehensive funding IM on behalf of the client group that was tendered to the four major banks.
EMK Thomas successfully procured a $16m construction facility with a major bank and restructured their property securities, allowing for the refinance of the majority of their lending from a second-tier lender to a major bank.
At the same time, we leveraged equity from the remaining properties with a non-bank property lender, providing the required equity for the development.