Forward Funding of Residential Housing Projects
September 27, 2021
Forward Funding of Residential Housing Projects
We are working with a major investment fund that wishes to retain within their portfolio newly built housing stock which is rented out to single family units.
The ideal project profile is:
• Minimum 40 units
• Preferably 100+ units
• 2/3 bed houses
• Low rise 1 or 2 bed apartments
• Near transport hub and employment
• Will look at sites that have stuck around for a while needing a re-think
• Solid location for rental but maybe not ideal for selling.
The procedure is:
• The investment fund will buy the land off the developer or landowner
• The investment fund enters into a J.C.T contract with the developer to build out the units.
The advantages to the developer:
• Security of income
• Guaranteed profit margin
• No finance costs or marketing costs.
Real Estate Fund for "Topco"...
working capital for solicitors...
VAT Loan Solutions...
