Barwon Real Estate Credit provides first mortgage and subordinate debt facilities to experienced borrowers across Australia. Our highly experienced team works directly with real estate owners, developers, their advisors, and capital arrangers.
Below is a summary of our facility types. For further detail please download our product sheet.
Development
| Security | Facility Size | LVR | |
|---|---|---|---|
| Site Acquisition Purchase of a site for a future development |
First Mortgage | $3M to $50M | 65% |
| Construction Mezzanine debt behind a major bank |
Second Mortgage | $3M to $15M | 75% |
| Residual Stock Refinance and equity release |
First Mortgage | $3M to $50M | 65% |
Existing Property
| Security | Facility Size | LVR | |
|---|---|---|---|
| Acquisition Purchase of an existing property |
First Mortgage | $3M to $50M | 65% |
| Refurbishment/Repositioning Refurbishment or other capital works in existing real estate |
First Mortgage | $3M to $50M | 65% |
| Second Mortgage | $3M to $15M | 75% | |
| Bridge to Refinance Income stablisation to bank refinance |
First Mortgage | $3M to $50M | 65% |
| Second Mortgage | $3M to $15M | 75% |
Transaction Process
Initial Funding Discussion
Funding requirements are discussed with the Origination Team.
Indicative Term Sheet
Barwon provides indicative terms for your review.
Finalised Term Sheet
Facility terms are agreed upon and the finalised term sheet is executed.
Legal Documentation Commences
Facility documentation is drafted.
Finalisation of Legal Documentation
Legal documents are executed and conditions precedent are satisfied.
Financial Settlement
Facility Commences
Transaction Process
Initial Funding Discussion
Funding requirements are discussed with the Origination Team.
Indicative Term Sheet
Barwon provides indicative terms for your review.
Finalised Term Sheet
Facility terms are agreed upon and the finalised term sheet is executed.
Legal Documentation Commences
Facility documentation is drafted.
Finalisation of Legal Documentation
Legal documents are executed and conditions precedent are satisfied.
Financial Settlement
Facility Commences
