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$8.5m Boutique Residential Apartment Development

$8.5m Boutique Residential Apartment Development

Service

$8.5m Boutique Residential Apartment Development

Client

Owner Builder Developer

Location

Melbourne VIC

The Challenges

Arranging a construction and land facility for the developement of a boutique apartment block consisting of 20 apartments over 4 levels.

Early engagement allowed us to manage the process with valuation, environmental and QS as well as a complex owner builder lending scenario.

Our Solution

Through a comprehensive understanding of the project and the client Group, EMK Thomas was able to arrange a lending facility that provided the sponsors with the required level of gearing and debt structuring ensuring the Builder/Developer maintained working capital for their construction program.

Client's Result

EMK Thomas led a competitive tender process across all four major Banks providing the client with the optimal outcome and solution for the project.