Newground Capital Partners is proud to announce financial close of a $12m structured finance facility for a Coles anchored neighbourhood centre in metro Brisbane.
This transaction demonstrates Newground’s willingness and ability to provide bespoke funding solutions to its project partners during exceptionally challenging times.
“We are very pleased to be partnering with Consolidated Properties Group to deliver what has proven to be ‘essential’ real estate during the recent COVID-19 crisis. Assets such as these provide much needed amenity to the local community and we believe will remain in high demand amongst investors seeking defensive income.”
– Daniel Erez, Managing Director
About Newground Capital
Newground Capital Partners are real estate debt & equity partners. The company invests across all sectors of real estate development alongside proven sponsors who require additional capital to grow and execute their project pipeline. Newground provides investors with access to off-market proprietary deal flow, genuine alignment of interest via co-investment, combined with years of experience and a proven track record.