Funding Solutions
Development and construction finance
Development finance is drawn in stages against certified construction progress and repaid from sale or refinance on completion. Capital stacks frequently combine senior debt with mezzanine or preferred equity to reduce the sponsor's cash requirement.
Development and construction finance
- Senior facilities sized on gross development value and cost
- Mezzanine and preferred equity to stretch total leverage
- Joint-venture equity for experienced developers
Is planning consent required?
Senior lenders generally require detailed consent in place. Pre-planning land funding is a separate, more expensive market.
How much sponsor equity is needed?
Usually 10–35 per cent of total cost, depending on the stack and track record.