JV Opportunity - Proposed 16 x Unit (Resi) Development in Southport, QLD
Viking Capital is presently working with a client who owns 1,007m2 land parcel in the Southport area. Our client holds a late 2015 issued DA for a proposed 16 x Apartment Residential Development on this land parcel, and ideally would like to proceed with this project as quickly as possiblew, while the Gold Coast market is active. The client is currently involved in a Family JV with this project, however one of the two JV Partners is looking to exit the project, hence the rema
Our Risk Management approach is simple ... We choose Lenders carefully
When local property markets are hot and everyone wants to get into the action, it's vitally important to choose a construction lender that has the systems, the suitably trained personnel and a 'pro-active' attitude, specifically designed to work for you, rather than against you, and this is particularly important when something bad happens to your project. For example, what happens if your builder goes into voluntary bankruptcy during construction? Very recently, we have seen
JV Opportunity - Proposed 82 x Lot (Resi) Land Sub-Division in Toowoomba Region
Viking Capital is presently working with a client who holds a binding Contract to purchase a circa 10 Hectare land parcel in the Toowoomba region. Our client is currently working through the process of obtaining a DA for a proposed 82 x Lot Residential Land Sub-Division on this land parcel. The Client does not have the required equity to complete the sub-division on her own once the land is settled under the current contract, so we have been asked to source either a JV Partne
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