MEZZANINE FUNDING
Tapestry
North Melbourne, Victoria
$750m
Gross Realisation Value
Mixed Use
Development Type
106 sold
Presales
Dec 2028
Completion date
Optimus Capital successfully negotiated terms with a preferred capital partner, securing a mezzanine loan facility of $6M. This facility allowed the client to amortise the first mortgage and provide capital for pre-construction costs, notably costs associated with sales and marketing, negotiating the construction contract and holding costs. Remarkably, financial close was achieved during the first week of January, a time when most businesses are typically closed for the holiday season.
Nineteen, Surfers Paradise, QLD
Surfers Paradise, QLD
Pre-Construction Land Facility
STRETCHED FIRST SENIOR DEBT
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