Project Whistler
Sydney Junior Debt Fund
Debt type
Mezzanine
Mezzanine / Preferred Equity
Property
Residential
Industrial, Mixed-use, Residential
Location
South Western Sydney
Bondi Beach, Lane Cove & Cronulla
Loan Size
$32 million
$16 million
Peak LVR
55%
75%
Term
9 months
26 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
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
Project Whistler
Debt type
Mezzanine
Property
Residential
Location
South Western Sydney
Loan Size
$32 million
Peak LVR
55%
Term
9 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
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
Sydney Junior Debt Fund
Debt type
Mezzanine / Preferred Equity
Property
Industrial, Mixed-use, Residential
Location
Bondi Beach, Lane Cove & Cronulla
Loan Size
$16 million
Peak LVR
75%
Term
26 months
Investment Thesis
- 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
RW Capital Value-Add
- Creative structure combining three facilities into a single instrument given all were mezzanine positions