Mezzanine Funding – Residential Townhouses

Mezzanine Funding – Residential Townhouses

CapitalGroup provided mezzanine finance for the development of an eight-unit townhouse development in Northland, Wellington.

First mortgage funding was provided by First Mortgage Trust. The development was completed on time and on budget, and all units were settled when called upon.

Capital Group invested funds for the following reasons:

  • 01

    All of the units were pre-sold with 10% deposits paid.

  • 02

    The developer had signed a fixed-price construction contract with a company that they had dealt with on recent developments.

  • 03

    The site was well located overlooking the Wellington Central Business District.

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Equity Co-Investment

Equity Co-Investment – Residential Apartments


CapitalGroup was approached to assist with acquisition of land and subsequent development of a five level apartment project in a popular Auckland location.