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Market conditions are always on the move and these changes can have a dramatic impact on project profitability. An intimate knowledge of the market is essential to the success of any development.
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Do you know how your cashflow will be structured throughout your development?
1219 financiers bring the vision of the development together with the knowledge of who is lending for what and how much. You need a funding partner that is going to work and structure a loan that works for your project - not against it.
1219 financiers runs its own feasibility program on your project, this enables us to gain an insight into the detail and allows us to organise the most suitable funding package for your project.
1219 financiers handles construction loans from $500k to $100m. Loans over $100m we can structure utilizing a syndicate of funders. We have funders available who will lend on either % of project cost or % of gross realisation.
What you pay for on your construction is entirely dependant on project characteristics and market conditions. Dependant on the consideration of risk and the amount borrowed the following table outlines interest rate margins charged over the cost of funds.
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| % of Costs Borrowed |
Low Risk |
High Risk |
| < 65% of project cost |
1.50% |
4.0% |
| Up to 70% of project cost |
1.75% |
4.25% |
| Up to 75% of project cost |
2.25% |
4.5% |
| Up to 80% of project cost |
2.5% |
4.75% |
| Up to 85% of project cost |
3.5% |
deal dependant |
| Up to 90% of project cost |
deal dependant |
deal dependant |
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