$25M Construction Loan Settled
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The Lambert Capital Property Credit Fund recently settled a loan facility for a returning developer client who needed to refinance existing land debt and secure construction funding in the growing location of Coral Cove, Queensland.
Project Overview
- Location: Coral Cove, QLD.
- Loan Amount: $25M
- Loan Type: Re-Finance & Construction
Benefits to Developer
- Settlement in Less Than 3 Weeks.
- Tranche-Style Tailored Funding Solution.
- Reduced Upfront Costs.
- Regional Location.
The Fund structured the facility into two tailored tranches – land and construction – ensuring debt aligned with tangible project milestones. This approach enhanced borrowing efficiency, aligning with their cash flow needs. The Lambert Capital team take pride in backing our borrower clients with flexible funding solutions that empower our clients’ success.
Furthermore, our team structured upfront costs to preserve developer margins, charging establishment fees solely on the incremental increase from the previous stage’s loan, rather than total loan limit. This approach, contrary to market convention, reduced our clients’ upfront costs, preserved cash flow, and provided the developer with the confidence to secure their funding with us.
Importantly, the Lambert Capital Property Credit Fund has over $20 million cash on hand, ready to deploy, meaning we can provide genuine certainty of funding - without delays, reliance on external syndication, or last-minute conditions.
To find out how we can help finance your next project, please reach out directly to:
- Olivia Mackenzie - 0481 775 991
- Peter Daicos - PDaicos@LambertCapital.com.au
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