(Private Property Lending + Construction)
HLB stands unique in its ability to offer a ‘complete’ solution for property projects
HLB stands unique in its ability to offer a ‘complete’ solution for property projects – acting to fund the acquisition and construction, as well as undertake the construction works. The lending is done at competitive rates and on commercial terms. Furthermore, the construction works are undertaken pursuant to an arms-length building contract with HLB’s preferred builder.
The Lend Build solution is offered in respect of the following property project classes:
• High-density residential development
• Medium-density residential development
• Residential subdivisions
• Mixed-use developments
The Lend Build solution is ideally suited for de-risked property projects, with DA and presales being preferred. Whilst these attributes are preferable, the flexibility of the HLB approach means that HLB can consider projects that do not meet said requirements, under a variety of structures, including potential Joint Venture opportunities.
The minimum project size is $2M and HLB has a focus on the Sydney property market.
Benefits of the Lend Build solution include,
• Speed in lending/refinancing
• Speed in construction draw-downs
• Speed in construction works, meaning lower interest costs and quicker completion
• Less red-tape
• Less stringent pre-conditions
• Lower presale requirements
• Central point of contact