Construction
Sydney West
OFFICE

7 townhouses

St Marys, NSW

The Deal

The Borrower had developed 7 townhouses at St Marys NSW 2760 with development funding sourced from a private debt funder. The Borrowers strategy was to retain all 7 townhouses on completion as long term investments.

Balmain provided Term Debt funding against the 7 townhouses stand-alone to pay out development funding on completion allowing the Borrower to implement the hold strategy.

Funding was provided through a non-bank commercial property lender to whom Balmain has exclusive access.

Facility Amount
Facility Amount
1MM
100MM
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George Atsalakis

Partner
Phone
02 9616 3600
Mobile
0420 877 191
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