“Through Corsair Investment Management, we
are able to make the returns we have enjoyed
as developers available to other investors, and
assist them to build their own portfolio.”
“Through Corsair Investment Management, we are able to make the returns we have enjoyed as developers available to other investors, and assist them to build their own portfolio.”
Corsair provided a significant senior site finance facility to refinance an existing financier. Once developed, the site will comprise a major mixed-use retail, commercial and residential precinct.
North Melbourne, VIC
Corsair delivered a senior site finance debt facility that on development converted to an equity facility to fund 49 apartments over seven levels. Corsair worked with the developer to complete the project in challenging market conditions.
Corsair was an equity JV partner in the initial site acquisition and subsequent development of a 6-level residential building containing 37 apartments.
Corsair provided a senior debt facility for the acquisition of a 3,000 square metre commercial site with four single-level warehouses on one title. The sponsor’s strategy was to subdivide the allotment and sell part of the site (~2,300 square metres) and refurbish, lease, and retain the balance.
Corsair financed the development of a 6-level A-grade office building with pre-lease to the NSW Government. After providing initial equity investment, the funding was converted to a 2nd mortgage debt facility.
Corsair assisted with the construction of a 6-level building containing 73 apartments and ground floor retail.