First Mortgage Construction Facility

Residential Development, Inner City Brisbane

A Queensland-based client acquired a 1,821sqm site in central Brisbane, with plans to demolish the three existing commercial buildings and develop a 190-apartment residential tower.
In late 2021 CVS Lane worked with the client to deliver a first mortgage construction facility, primarily to fund construction works and refinance existing debt.
This landmark development is set to deliver a new dynamic to the area, with construction well underway late in 2022.


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