MFEG Mezzanine Finance

Mezzanine financing can be a great tool for the right project.

Mezzanine Property Finance Solutions in Australia

Depending on the project, mezzanine financing can be the perfect solution. It’s a form of funding where a debt position is taken that is subordinate to a senior debt facility but ahead of any equity positions.

When used for the right projects, mezzanine finance reduces the amount of equity contributed by a developer and potentially enables them to spread their capital across multiple projects or get started earlier on a project. A typical mezzanine facility is secured by a second mortgage on the title, and is paid out after the senior debt (original mortgage) but before any equity.

At MFEG, we know when and how to utilise mezzanine finance – if we feel that it’s suited to your particular project, our experienced consultants will provide tailored lending advice to help you achieve your goals.

Understanding mezzanine finance

Otherwise known as “second mortgage finance”, mezzanine finance serves as an ideal solution for property developers who wish to preserve their own equity without bringing in a Joint Venture partner.

The funds from financing can then be used for all stages of the property development – from research and feasibility to pre-construction, construction, marketing costs and property sales.

MFEG provides tailored mezzanine finance solutions

At MFEG, we frequently facilitate mezzanine finance as a means for property developers to get the necessary capital to complete a project and maximise their return on cost. As both an originator and a direct lender, our ability to structure flexible and working solutions for qualifying projects is unparalleled in the industry.

Whether your require mezzanine property finance or land development funding, preferred equity financing, residual stock funding or short-term funding solutions; MFEG has a strong track record of assisting our clients to achieve exceptional results in their developments.

Our team of professional consultants works closely alongside our clients to deliver mezzanine finance solutions for residential and commercial property developments right across Australia, either as a direct lender or through our established network of highly reputable funding partners. Our client-focused approach gives you full peace of mind over costs, time-frames and other factors based on years of expertise – so that you know exactly where you stand.

Funded Transactions

stockdale

Morwell, VIC

41.6ha (102.8 acres)
Lending Amount: $4.2 m
Solution Provided: Land Hold First Mortgage

 

stockdale
financial project for Elwood houses

Elwood, VIC

6 Luxury Townhouses
Lending Amount: $6.4 m
Solution Provided: Residual Stock

 

financial project for Elwood houses
first mortgage and mezzanine funding for apartments in Box Hill

Box Hill, VIC

Construction - 3 retail, 6 offices, 56 apartments
Lending Amount: $21.9 m
Solution Provided: First Mortgage and
Mezzanine Funding

 

 

first mortgage and mezzanine funding for apartments in Box Hill

Gosford North, NSW

40 apartments
Lending Amount: $11.7m
Solution Provided: First Mortgage with Preferred Equity Facility

Coburg North First Mortgage

Coburg North , VIC

63 Premium Warehouses and Office Warehouses
Lending Amount - $13 m
Solution Provided - First Mortgage

 

 

Coburg North First Mortgage

Oakleigh, VIC

73 apartments and 2 retail
Lending Amount: $22m
Solutions Provided: First Mortgage and Mezzanine Funding

port melbourne First Mortgage

Port Melbourne, VIC

16 Luxury apartments construction
Lending Amount: $12.8
Solutions Provided: First Mortgage

 

port melbourne First Mortgage

Preston, VIC (Stage 1)

114 apartments and 1 retail
Lending Amount: $31m
Solution Provided: First Mortgage and Mezzanine Funding

Greensborough, VIC

36 apartments
Lending Amount: $13m
Solution Provided: First Mortgage, Mezzanine Funding and Cost Overrun Facility

Clifton Hill, VIC

17 apartments
Lending Amount: $7m
Solution Provided: First Mortgage with no guarantee required from unit holders of Borrowing Entity

Review our other lending options

If you have any questions or would like to know more about MFEG’s land development financing solutions, please submit a detailed enquiry and we’ll get back to you with a tailored response. Alternatively, you can call 03 9900 6227 or email info@mfeg.com.au.

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