
Development Finance
Development funding requires unique expertise, with a strong emphasis on track record and relationships. Traditional lenders dominate the market for senior debt with criteria varying on a project-by-project basis. Banks typically lend at a ratio of 65 per cent loan-to-cost (LTC) or 50 per cent of gross development value (GDV). In recent years, alternative lending platforms and debt funds have emerged with a more flexible approach offering leverage of up to 90 per cent LTC. We offer our clients effective, well-structured finance via our unique access to senior debt, mezzanine and equity funders.