Big 4 and Development Finance

Discussion in 'Loans & Mortgage Brokers' started by lixas4, 7th Oct, 2019.

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  1. lixas4

    lixas4 Well-Known Member

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    Curious, out of the big 4 banks, who does the most development finance?
     
  2. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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    Are you talking about residential or commercial?

    Are you talking about volume of transactions or are you talking about who is the easiest to deal with?

    Are you talking about unit development or land subdivision development?
     
  3. lixas4

    lixas4 Well-Known Member

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    Thanks @Shahin_Afarin, i am asking in a general manner. More just wondering which of the big banks have more of an appetite for lending to residential property developers doing 10-50 appartments/townhouses/land lots.

    Does it change between the type (appartment/townhouse/land)?

    Volume or easiest to deal with.

    Just curious.
     
  4. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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    Sydney
    Volume is CBA but that doesn't really mean anything - its more about how the proposal is structured rather than the lender. All are ok to deal with.

    The development type definitely changes in terms of appetite for townhouses and units versus land subdivisions.
     
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