B2B CAPITAL NEWSLETTER - JUNE 2012
Equity & Finance
Welcome to our latest newsletter.
B2B Capital has deployed over $150,000,000.00 in preferred equity / mezzanine finance and joint venture capital since December 2011.
Our innovative financial solutions, partnership knowledge and industry experience has created one of Australias fastest growing boutique investment & advisory houses.
We hope you enjoy the newsletter and as always, please contact us on 1300 728 796 if you have any questions or need our assistance with commercial finance.
*New website coming July 2012.
Current Funding Available
B2B Capital can assist with the following funding options currently available, which are as follows:-
- Stretched Senior debt finance available up to 85% of TDC
- Exclusive equity release facility for pre sold developments $5 million plus
- Private funding rates starting as low as 8.50% p.a.
- Mezzanine Finance / Preferred Equity available for $5 million plus applications
- Joint Ventures & Equity Participation $5 million plus transactions
- Residual Stock / Distressed Stock $5 million plus, rates from 8.50% p.a.
- Loan amounts to $125 million plus @ 75% LVR with only 1.1x interest cover
B2B Capital will consider funding submissions on a case by case basis, generally subject to the following criteria:-
Purpose Non-Regulated Only
Bridging & Distressed debt workouts
Refinance / Residual Stock
1st Mortgage Maximum 75% of Gross Realisable Value of security.
2nd Mortgage / Preferred Equity Solutions Maximum 95% of Total Development Costs or 85% GRV
6 - 36 months preferable (interest only)
Establishment Fee (1.25% - 2.50%)
Legals (quoted for each transaction) (excluding Govt costs)
Management (Included in interest rates quoted)
Our Clients include
Court Freezes Provident Fund
Provident Capital's $120 million debenture fund has been temporarily frozen by court order.
The Trustee of the fund, Australian Executor Trustees, this week, took action in the Federal Court that could have seen a receiver appointed due to concerns about Provident's financial position...read more
Source: The Australian Financial Review 15th of June 2012
Mirvac eyes $1bn Schwartz Melbourne Site
A prime Melbourne development site with the potential to cary a $1 billion mixed use project will be put on the market by liquidators after a joint venture between Morry Schwartz's brother, Danny Scwartz, and Chinese investors turned sour.
The thwarting of plans by Mr Schwartz and Sino International Development will come as a boon for listed developer Mirvac, which until last year was in exclusive due diligence to buy the joint venture's 18ha development site in the southeastern suburb of Oakleigh...read more
Source: The Australian - 14th of June 2012
Devine trims full-year earnings guidance
Brisbane based property developer Devine has joined the list of companies downgrading investors' earnings expectations, cutting its full-year profit guidance slightly to between $16 million and $20 million.
Management said slower sales activity was the main reason for the downgrade, which compares with guidance of $18 million to $20 million given six months ago...read more
Source: The Australian Financial Review 15th June 2012
Malaysian Pension Fund Employees Provident heads push on home turf
Malaysia's largets pension fund, Employees Provident, is the latest of long list of global pension funds looking to invest in Australian real estate.
Collectively, global pension funds have spent almost $5 billion in direct property investments or in joint ventures with Australian companies in the past two years...read more
Source: The Australian - 14th June 2012
Services We Offer
B2B Capital has the ability to supply short term finance for acquisitions, refinance, development and construction for residential, commercial and industrial properties.
We can coordinate and structure finance packages to include the following:
- Senior and Stretched senior debt
- Mezzanine funding& Preferred Equity Solutions
- Joint Ventures& Distressed Debt workouts
This additional financial leverage can facilitate:
- Mergers and acquisitions financing
- An emerging growth opportunity
- A management or other leveraged buyout
- Corporate debt refinancing
- Recapitalization & Convertible Note Facilities
- Commercial property development
Interest rates and fees associated with any loan approval will vary according to the type and complexity of the loan. All interest and fees will generally be capitalised within the loan facility.