The Situation
Following the completion of a boutique residential development in Brighton East, Victoria, the client needed to refinance their existing construction facility. Two newly completed townhouses remained unsold, and the developer required short-term funding to reduce financial pressure and gain more time to market the properties for maximum return.
Traditional lenders offered limited flexibility and slow turnaround, threatening the project’s profitability and timeline.
Our Solution
Empire Capital stepped in with a customised $4 million first mortgage loan, secured against the two completed townhouses. The facility was structured at approximately 70% loan-to-value ratio (LVR), based on an independent valuation of the residual stock.
✅ Loan Amount: $4,000,000
✅ Loan Type: First Mortgage
✅ Security: Two newly built townhouses in Brighton East
✅ LVR: ~70%
✅ Purpose: Refinance + marketing runway
The funding gave the developer immediate capital relief and eliminated the urgency to sell at discounted prices—preserving the project’s value and sales strategy.
The Result
With Empire Capital’s support, the client was able to:
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Refinance the previous loan without disruption
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Extend the timeframe for effective property marketing
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Avoid distressed selling under time pressure
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Focus on achieving full market value for both homes
This case reflects our commitment to flexible, results-oriented lending—especially when timing and tailored structuring are critical to client success.
Why It Matters
Property developers often face tight deadlines and shifting market dynamics. Empire Capital’s ability to act quickly and structure a solution around residual stock ensured this client had both the breathing room and strategic advantage they needed.
If you’re navigating project completion, refinancing, or stock clearance, Empire Capital is ready to help with fast, first mortgage solutions tailored to your goals.
