Flexible funding solutions
Over the past 5 years, BCP has arranged funding packages totalling in excess of over $500 million to assist large and small property developers.
We build an optimal financing solution which can be structured as a mix of Senior Debt facilities, Mezzanine loans and Equity commitment, as described below:
We can arrange Senior Debt Facilities for up to 75% of the total development costs despite most lenders usually capping their construction loan facilities at 65% of valuation at the completion of construction. Through our relationships, a cost-effective loan facility can be arranged to ensure that it provides sufficient flexibility to allow the completion of your development.
At BCP we have arranged Fully Subordinated Mezzanine Loan facilities for up to 85% of total development costs; to enhance the capital structure of some selected developments. Should the development meet the funding parameters, we can also arrange Mezzanine loans with lending partners to complement the Senior Debt Facilities.
BCP and the senior lender generally require that at least 15% of total development costs be contributed in the form of equity. However, we can often work with you to help arrange an equity partner or an equity syndicate to invest in selected projects, should they meet the relevant criteria.