Funding Australian development is about more than just money. Dorado prioritises understanding projects at a deeper level, assisting developers with development expertise as well as capital. With a staff armed with extensive knowledge and experience in the property industry, Dorado’s focus extends past loan-to-value exposure alone, to the viability of borrowers’ business plans and the validity of the proposed loan exit.
Dorado provides registered first mortgage funding where there are attributes to the loan that may prohibit it conforming with covenants required by traditional banks. Investments for either land settlement, construction, or residual stock projects generally range in size from $5 million to $30 million, with a short-medium term duration of 6 to 24 months.
Subordinate Finance encompasses loans that rank behind a senior lender, including mezzanine debt, preference equity, and equity. Dorado has provided subordinate finance to a diverse range of projects across various stages of development, including apartments, townhouses, commercial, house and land, industrial, medical, retirement and subdivisions.
The provision of subordinate finance requires a specialised and detailed understanding of development. Dorado’s extensive development expertise and understanding of planning, construction, marketing, leasing or sales, legal structuring, as well as finance considerations, allows it to assess opportunities in detail and mitigate risks associated with development.
Our team is proud of its collaborative, partnership approach with quality developers and deal arrangers and is committed to building enduring relationships built on trust and respect.