This virtual webinar provides essential development finance knowledge within a tight timeframe. Learn about bank vs. non-bank lenders, common pricing metrics, structuring options, choosing the right lenders, and explore case studies illustrating finance strategies for residential and non-residential projects.
PART ONE
Development Finance Fundamentals
Pros and cons of bank vs. non-bank lenders
Categories of non-bank lenders
Instances where non-banks are necessary
Common pricing metrics and methods
Selecting the right valuer
PART TWO
Understanding Funding Types
Differentiating between senior, mezzanine, preferred, and equity financing
Exploring structures and pricing mechanics
PART THREE
Alternative Structuring for Equity Contribution
Leveraging other properties, residential houses, and businesses for equity
Shorter-term mezzanine financing against ongoing projects
PART FOUR
Choosing the Right Lenders
Factors beyond price to consider when selecting lenders
Importance of meeting transaction deadlines
Working with industry professionals who understand and mitigate risks
PART FIVE
Case Study: Boutique Residential Project
Debt requirement of $5-20 million
Comparison of non-bank and bank financing for this project type/size
Cost analysis, feasibility outcomes, RoE metrics, and IRR considerations
PART SIX
Case Study: Larger Residential Project
Debt requirement over $30 million
Detailed analysis of a recent live project
Comparison of equity requirements, net profit margin, and pre-sales hurdles for different financing options
Mark Trayner
Managing Director
STAC Capital
In property finance, Mark has experience across a wide range of asset classes, including Residential (from townhouses to high-density residential towers), Commercial, Industrial and specialised-use such as Childcare and Retirement Villages, through all layers of the capital stack, including senior and mezzanine debt, preferential equity and joint venture arrangements.
In business & corporate finance, he has a strong background in complex corporate structures, cash flow finance, asset finance, international trade, foreign exchange & interest rate hedging, production and analysis of complex financial structures and models, risk assessment and management, distressed asset management and strategic stakeholder management.
Dale Sparke
Managing Director
STAC Capital
Dale has extensive experience in structuring development finance and funds some of SEQ’s leading up and coming developers such as GRAYA Group, Keystone Urban Developments, Cielo Group and SKF Developments to name a few. Dale specialises in leveraged finance and has extensive relationships in the non-bank sector.
It is Dale’s knowledge of both the Bank & Non-Bank funding market that allows him to provide his clients with multiple funding options aligned to their particular strategies, which are invaluable to their growth.
His property investment & development finance experience ranges across a wide range of asset classes, including but not limited to shopping centres, service stations, hotels and bulky-goods, as well as residential projects ranging from townhouses to high-rise apartments.
Disclaimer
The Urban Developer cannot accept any liability or responsibility for loss occurring as a result of anyone acting or refraining from acting in reliance on any material contained in this presentation.