Our team has well established processes in place to effectively manage and deliver on property financing transactions for financial institutions. We act for financiers in a number of syndicated and non-syndicated debt and equity project finance transactions involving the financing of the acquisition and construction of shopping centres, warehouse complexes, commercial buildings, hotels, residential developments and industrial buildings.
We are experienced in acting for corporate groups and financiers on construction finance facilities. These have included all types of projects including residential, industrial and commercial developments, strata and community title developments, shopping centres, retirement villages, nursing homes and hotels.
The work required includes the usual steps taken on a commercial loan together with particular issues relevant for construction finance including:
- consideration of local government approvals including building and development approvals
- review of pre-sale and pre-lease agreements of lots in the plan of subdivision (where applicable)
- negotiation of appropriate third party side deeds
- advice on building contracts (where applicable), development agreements and other key contracts