Property Development Finance
Innovative Equity specialiizes in providing property developers with construction financing solutions with more flexible terms than traditional bank financing. We can fund projects that require up to $200m in construction funding on lower presales requirements or higher leverage.
We have funds to lend for residential, office or retail projects.
Our Asian backers are looking for a return of 12% IRR which is much cheaper than Australian family offices who require a 15-20% IRR
Construction Loan < $20m
From 9.5% interest, 1.5% Establishment Fee
Funding up to 80% of costs
Only 50% pre-sale debt cover for some projects
Construction Loan > $20m
From 5% interest rate, 2% line fee and 2% establishment fee
Funding up to 80% of costs
Only 50% pre-sale debt cover for some projects
Up to $200m
Mezzanine Finance
Interest rate: 12-13% pa
Establishment fee 2%
Minimum Term; 6 months
Minimum loan amount: $10m
Land banking loans
Without a planning permit: 9.95% interest, 65% LVR
With a planning permit. 8.5%-9.9%, 60-70% LVR
Up to 24 months
Establishment fee: 2%
Commercial Property Investment Loan
Interest rate: 7.5-9.5%
Interest cover: 1X
Establishment fee 2%
Minimum Term; 12months
Minimum loan amount: $10m
Lee Capital Advisors 