Acquisition of a GFC-era distressed commercial-retail property development via mortgage sale, project was approximately 90% completed. The bank appointed a Receiver to liquidate and recover bank funds – our clients recognized an exceptional acquisition opportunity.
FULLY FUNDED MEDIUM-DENSITY RESIDENTIAL,
NO PRE-SALES
Two business partners had accumulated three adjoining houses over a period of time. The properties had appreciated in value providing intrinsic equity for a proposed project.
MEDIUM-DENSITY, ABSOLUTE RIVERFRONT,
NO PRESALES, REGIONAL PROJECT
At the time in the cycle when bank funding was limited and selective.
Our client had achieved a favourable Development Consent for a mixed-use project but it was in a regional location considered ‘speculative’.
A firm of architects happened across a thin slither of land being divested by NSW State Rail.
Zoned “5 (b) Special Uses (Railway)”, it provided no real economic use but had unrestricted FSR.