Senior Construction Facility - Repaid

Boutique Residential Development, Cronulla, Sydney

During 2020, in a climate of low presales and pandemic restrictions, CVS Lane provided an accomplished Sydney developer with a $17 million structured senior debt facility, funding the construction of their five-level, 17 unit boutique apartment development in the beachside suburb of Cronulla.
CVS Lane worked collaboratively with the client and their existing financier to refinance existing debt and activate the development within a tight time-frame.
With the impressive efforts of the client and support of CVS Lane, the project was completed and the facility fully repaid, three months ahead of plan.


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