05.02 · Real Estate
Development finance
Funding for projects from land purchase to completion.
Development financing is drawn in stages against progress, so the structure has to match the build programme and the pre-letting or pre-sale position.
We prepare the project case, arrange senior and where required subordinated funding, and negotiate the drawdown and release conditions.
Scope of the mandate
Project cost plan and funding requirement
Staged drawdown structures
Pre-letting and pre-sale requirements
Senior and subordinated funding
Typical situation
A developer has planning permission and equity in the land, and needs construction funding on terms that fit the build schedule.
Responsible
Related sub-services
Sell-side mandatesHolding structuresAcquisition financeListing readiness