At Homeington we are here to support your land development project from planning till successful project completion, with tailored project funding solutions. We have developed streamlined Land Development Funding model that suits your individual project and syndicate need to complete the project successfully. We can fund your project range from $5 million to $ 100 million or more. Our flexible project funding network and great relationships with industry leaders will bring the fund needed for your project.
Our project funding options are available for:
  • Initial Land Purchase
  • Construction Funding
  • Mezzanine Funding
  • Residual Stock Funding

  • Initial Land Purchase Funding

    We can fund your purchase if you are buying land to bank it for a few years or need 1-2 years to prepare the planning permit and development approvals to commence.

    Construction Funding

    Once you have the planning and development approvals, we can convert the loan into construction funding. We can cover 100% of your development costs based on the pre-sales you have. We can also assist you in achieving the pre-sales needed to qualify for 100% construction funding.

    Mezzanine Funding

    If you are short of funds because you could not achieve the pre-sales target or the valuation does not stack up, we can fill the gap through Mezzanine funding for a short period of time. Once we drive the pre-sales up to the required level, we can refinance and secure 100% construction funding.

    Residual Stock Funding

    Residual stock funding is a vital option for developers to enable equity release of unsold units within a new development project. This can involve short-term loans that help refinance the construction lender and provide the developer with more time to sell the new units or longer-term loans that assist the developer in holding the units for investment purposes.

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