Property development finance experts.
Innovative, industry-leading construction finance solutions for property developers
Global Capital Commercial (GCC) has extensive experience in structuring development finance facilities across Australia, whether residential, commercial, office, industrial, retail, tourism or land subdivisions. In addition, our unique, AI-driven technology delivers optimum borrower solutions – fast.
Access to Capital
GCC’s unparalleled and direct access to over 450 lenders, combined with interest rates starting from as low as 2.25% pa + line fee (01/08/2021) means that there is no one better equipped to deliver your specific project needs.
Our access to capital provides our clients funding a wealth of options including:
- No pre-sale funding options – private investor funded
- Stretched Senior Facilities to 75% of GRV & 90% of TDC!
- Mezzanine finance
- Preferred equity
- Joint venture funding
- Development management and project management
- Land subdivisions
- Land bank
- Take out / residual stock finance
- Distressed / workout solutions
- Incomplete or partially complete projects
- Commercial property loans to 80% LVR
Cutting edge technology for development finance borrowers
At GCC, we use an exclusive, state-of-the-art artificial intelligence (AI) driven scenario pricing engine, which helps identify and select the optimum finance product for any borrower’s requirements – faster, smarter and more effectively than ever before.
Our AI learns through experience and is constantly growing, evolving and incorporating new products as they become available in market. This continued and rapid evolution means that borrowers seeking development finance solutions from GCC are delivered the optimum product for their needs – no matter what their financial situation.
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“GCC offers access to mezzanine debt financing facilities and private equity providers through our network of carefully selected partners and high net worth private investors – including some of the most forward-thinking lenders and investors in the market today.”
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GCC can help to fund all stages of the construction cycle, from financing the initial purchase of the land and covering approval costs, all the way through to construction drawdowns:
- Land Bank Facilities – for land acquisition and to fund approval costs. We can also assist in areas where there is a valuation uplift, due to factors such as rezoning and approvals being issued, with the LVR based on the higher value amount.
- Construction – progressive drawdown facilities
- Take-out Facilities – allow for the repayment of the existing construction facility using the residual stock as security to release equity, or to allow the property developer time for an extended selling period.
Our construction finance facilities can be structured in many ways, with a range of variations that can be tailored to a project’s specific needs. However, typical property development loan structures fall into the following general categories:
- Full Doc Development Finance Facilities – typically sourced via banks and other major financial institutions, e.g. super funds, usually requiring pre-sales (or pre-leases) as well as current up-to-date financials. They offer the cheapest form of construction finance currently available in terms of interest rates.
- Stretched Senior Construction Finance – facilities that go to a higher LVR than typical lenders on a senior debt basis without using a mezzanine facility. Currently, our senior stretched construction finance can extend to 75% of GRV and 90% of TDC.
- Low Doc, No Pre-Sale Development Finance Facilities – usually sourced through our private investor/lenders, with the main advantage being they generally do not require pre-sales or financials. They are typically far more flexible in their lending criteria.
Value Add Development Finance Services
GCC can arrange the following project finance value add services for property developers:
- Pre-sale Underwriting Products – such as ‘Put Options’ and ‘Standby Pre-sales’, enabling the building loans facility to commence immediately, instead of waiting to achieve pre-sales requirements to satisfy the construction loan lender.
- Pre-Sale Shortfall Bond – which insures the lender for pre-sales.
- Joint Ventures – GCC has a wide network of experienced property developers willing to enter into joint ventures for the right project.
- Builder Selection – one of the biggest challenges for a property developer is finding the right builder to build a project in the selected location and to start when required, all at the best possible price. Through our partners, rich experience and network, GCC can help to make finding the right builder simple.
GCC is closely aligned with all types of project market participants, including those in agency, valuation and construction. In addition, our long term relationships with lending institutions and property developers gives us a unique market overview and adds significant value to our property developer clients.
Choose GCC development finance for:
- Experience
- Industry knowledge
- Personalised attention to all clients
- The most expansive range of lenders to meet every project’s individual diverse needs
- Market-leading facilities with attractive terms and competitive interest rates
- Customised project specific funding strategies
- Multiple options to choose the optimum facility structure
- Effective framework to meet urgent requirements
Related Case Studies
Property Development Solutions
No Pre Sale Construction Finance Solutions
Incomplete Projects
Mezzanine Finance
What our clients say
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“After completing my degree in Property Valuation and Investment, I have been involved in property investment and development finance since 1995, when I was State Manager for Capital Finance for the Bank of Scotland. During the 2000’s I ran a global mezz / equity fund with assets under management peaking in 2009 at over AUD$1B. I finished my career in finance as head of property finance for one of the big 4 Australian Banks.
I met Bill Salouris and his team at Global Capital Commercial during this period and have consistently turned to the team for advice, recommendations and financial solutions for a range of property ventures across most property sectors including Residential, Industrial, Retail and Land Subdivision.
The team at Global Capital Commercial offers an extremely wide range of financial products and rarely fail to provide the right solution, whether that be a standard investment loan or a complicated structured development solution. The best part of the service, in my opinion, is that in the unlikely event they cannot find a solution – they will say so quickly – with an explanation, as to why.
I believe, they know, in this industry – we don’t have time to waste!
Global Capital Commercial has always had the time to listen, and they understand the often frustrating times, a property developer experiences.
My company has completed property developments in 4 states of Australia, and 5 countries. I have met an amazing array of property finance people during that time, but always come back to Global Capital Commercial for advice, assistance and financial solutions.
I highly recommend Bill, and his team, to anyone seeking finance from a professional and dedicated team. In an industry littered with part time inexperienced operators, Global Capital Commercial is a standout player!
– Michael Knight, Managing Director, Knight Jones Australia.
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If you have questions or want to know more about how GCC can help secure development finance that works for you, contact us today.
Melbourne Developer Nothing is worse than having funding approval for your projects in place, and then having it knocked back…
Melbourne Developer
Thank you very much. Its a simple and just another transaction for your guys, but for us it means a…
Anil Kumar
I have met an amazing array of property finance people during that time, but always come back to Global Capital…
Michael Knight
When it comes to home and investment property loans, Global Capital’s GCC Home Loans are very helpful and really know…
Directors, Nexus
As an accountant, I know a thing or two about money. Even then, the guys at GCC opened my eyes…
Andrew Jeffers, CEO
Damian McCormack, Broker I engaged GCC to assist my client with obtaining development finance for 8 townhouses as none of…
