| Project Whistler | Sydney Junior Debt Fund | Retail GC Junior Debt |
| Debt type | Mezzanine | Mezzanine / Preferred Equity | Mezzanine |
| PROPERTY | Residential | Industrial, Mixed-use, Residential | Retail |
| Location | South Western Sydney | Bondi Beach, Lane Cove, Cronulla | Newcastle & Gold Coast |
| Loan Size | $33 million | $16 million | $13 million |
| Peak LVR | 89% | 70% | 83% |
| Term | 14 months | 26 months | 12 months |
| Investment Thesis | - Strategic location in South West growth corridor with planned infrastructure spending
- Attractive risk adjusted returns with a diversified repayment strategy
- Strong pre-sales coverage
| - Sites located in wealthy demographics, with RW Capital having strong conviction on the significant wealth generation in the Sydney market
- Diversified risk profile with three properties across varying asset classes
| - Strong conviction on convenience retail (i.e. access to fresh produce) and entertainment in a post-COVID world)
- Highly experienced borrower
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| RW Capital Value-Add | - Proprietary Ray White data gave RW Capital the ability to provide funding during COVID-19 when other lenders had pulled out of the market
| - Creative structure combining three facilities into a single instrument given all were mezzanine positions
| - Through a strong relationship with the bank first mortgage lender, RW Capital was able to secure a second mortgage over the property
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