PBSA News’ Post

Now open for investment- Paddington 10.25% Construction- via the CPF Property Debt Fund. The property security is located in Paddington Brisbane, a highly affluent and desirable inner-city location that is expected to enjoy increased demand and amenity upgrades. Paddington is in the heart of Brisbane and offers a unique suburban lifestyle featuring tree-lined avenues, attractive heritage buildings, as well as a vibrant café and shopping culture. The Borrower is constructing a childcare centre and has an agreement for lease with a reputable childcare operator (Kids Club) for a 20-year term. The development is on-time and on-budget and has now successfully completed, what is generally considered, the hardest stage of construction, being the possible unknowns of ‘in-ground’ construction. Paddington 10.25% Construction Units is paying 10.25% p.a. Distributions are paid on a quarterly basis and the loan is due to expire in April 2025. The loan will re-open each month to fund additional construction drawdowns until practical completion is achieved. For more information see our website: https://lnkd.in/dM5tBepn #nonbanklending #HighYieldProperty #fundmanagement #SMSF #cpfpropertydebtfund #qualitypartnerships #propertyinvestment #duediligence #InvestmentOpportunity #mitigatedrisk #loanservices #nonbanklending #professionaldevelopers #fundmanagers #FundManagement #lending #coinvestment #propertyfunds #firstmortgagesecurity #repaymentstrategy #selfmanagedsuperfunds #SMSF #riskandreward #optimalreturns #mezzaninedebt #secondmortgagesecurity #thecapitalstack #longstandingrelationships #propertydevelopment #constructionfinance #incomeproperty #selfmanagedsuperfund Disclaimer: Past performance is not indicative of future performance. The distributions and investment returns depend on the performance of the underlying investments. Information contained within this post does not constitute financial advice, nor is it a personal recommendation. Capital Property Funds is not authorised or qualified to provide financial advice or to make an investment recommendation. Information contained within this post is general in nature and has been prepared without regard to the individual objectives, financial situation, or requirements of any person. Prospective investors should seek personal financial and legal advice before deciding to invest.

The government plans to invest £3bn to support SME housebuilders and the build-to-rent sector, potentially enabling over 20,000 new homes. The funding will expand two initiatives: ENABLE Build, a British Business Bank scheme providing guarantees for SME development finance, which will double from £1bn to £2bn, and the Private Rented Sector Guarantee Scheme. #housebuilding #newhomes #btr #funding

The Platinum Group News Update from Black Country Chamber of Commerce A family-run construction firm, specializing in the renovation of properties for disabled residents in Birmingham, has secured funding from the Midlands Engine Investment Fund II (MEIF II) through BCRS Business Loans The investment will be used to purchase new equipment and support team growth. https://lnkd.in/eRu7BngA #businessloan #communityfunding #bcrsbusinessloans

Priority Capital Advisory, a Los Angeles-based boutique debt and equity capital advisor, has secured $18 million in senior debt financing to construct 17188 Chatsworth, a 69-unit affordable multifamily community in Granada Hills. Founder and president Zachary Streit, J.D. M.S. arranged the financing on behalf of the sponsorship, a joint venture between local developers KH Equities and BMI Developments. #cre #finance

The South West Investment Fund is open for business and has a range of funding solutions to support small businesses across the South West. 🪙 For Smaller Loans (£25k up to £100k)  SWIG Finance covers the whole South West – from Gloucestershire to Cornwall. 💷 For Debt Finance (£100k - £2m)   The FSE Group covers Cornwall, Devon, Somerset and Dorset (excluding North & North East Somerset)  FW Capital covers Bristol, Gloucestershire, Wiltshire and North & North East Somerset 💰 For Equity Finance (up to £5m)  The FSE Group covers Cornwall, Devon, Somerset and Dorset (excluding North & North East Somerset)  Maven Capital Partners covers Bristol, Gloucestershire, Wiltshire and North & North East Somerset    Visit British Business Bank’s website to find out more: https://lnkd.in/eT2amFvy #SWIF #SouthWestInvestmentFund #SouthWest #SmallLoans #DebtFinance #EquityFinance 

✅ Unlocking Growth for County Durham Businesses Are funding challenges holding your County Durham business back from growth? Business Durham can help unlock grants, loans and equity investment to take your company to the next level. Get in touch! 👉 Find out more here > https://lnkd.in/e7-pkung #CountyDurham #Northeast #Funding #Grants #BusinessFinance

"To be eligible, developers must be a certified MBE with a strong development track record and a demonstrated need for the capital. Joint ventures are allowed if the partner is a non-controlling, not-for-profit entity, such as a faith-based organization. Eligible projects include affordable housing projects in the city's construction financing pipeline expecting to close within six months and with a senior private construction loan up to $50 million. The MBE Guaranty Facility will provide guaranties up to 10 percent of the applicable senior loan value..." A good step in helping established (albeit "small) #mbe developers augment their borrowing capacity for construction loans (via this facility) to scale, though more could be done to remove barriers for aspiring developers to enter the market. Often, the unintended consequences of initiatives like these is that they tend to help (almost exclusively) those firms already best equipped to seize on the opportunities. Effective programs can't be all things to everyone, but there does need to be a pathway for expanding access, in order to sustainably support a greater pool of market participants in the MBE space.

Recent Closing | $11,642,725 Financing Recapitalization & Funding for Remaining 36 Homes Valley Center, CA A repeat borrower approached LFB Ventures with a request to recapitalize their existing project and complete the remaining 36 single family homes. This project represented the affordability component of a 623-unit master planned community in northeast San Diego County. The sponsors had already completed and sold the first 16 units in phase 1, but were in need of vertical construction financing to complete phases 2 and 3. LFB Ventures was able to provide the sponsors with a $11,642,725 loan to retire the existing construction debt and fund the remaining construction costs for 36 homes. LFB was also able to navigate complex title issues since construction had already begun. Additionally, LFB was able to re-negotiate a subordination agreement with a current junior lender. The project will offer 3 bed/2.5 bath units with an average home size of 1,450 square feet. The units will be offered to new owners who qualify at 80%-120% of the area median income. #LFB #LFBventures #capital #debt #equity #construction #financing #land #housing #sandiego #masterplan #affordablehousing

It's time to crack open those binders and get strategic! RETTEW’s latest edition of Focus on Funding dives deep into the latest grants and low-interest loans available to help our clients secure financing for their projects. ️Head over to our website and unlock the key to building a winning funding strategy! #FocusonFunding #Grants #LowInterestLoans #ProjectFinancing #RETTEW

Recent Closing | $11,642,725 Financing Recapitalization & Funding for Remaining 36 Homes Valley Center, CA A repeat borrower approached LFB with a request to recapitalize their existing project and complete the remaining 36 single family homes. This project represented the affordability component of a 623-unit master planned community in northeast San Diego County. The sponsors had already completed and sold the first 16 units in phase 1, but were in need of vertical construction financing to complete phases 2 and 3. LFB Ventures was able to provide the sponsors with a $11,642,725 loan to retire the existing construction debt and fund the remaining construction costs for 36 homes. LFB was also able to navigate complex title issues since construction had already begun. Additionally, LFB was able to re-negotiate a subordination agreement with a current junior lender. The project will offer 3 bed/2.5 bath units with an average home size of 1,450 square feet. The units will be offered to new owners who qualify at 80%-120% of the area median income. #LFB #LFBventures #capital #debt #equity #construction #financing #land #housing #sandiego #masterplan #affordablehousing