Newground Capital’s shadow bank property lenders

KEY TAKEAWAYS:

• Daniel Erez and Scott Morgan are a part of the newest crop of shadow bank property lenders.  
• Having a team that comes from different backgrounds allows them to help the client along the way instead of just throwing money at them with a high interest rate.
• The team at Newground has developed positive relationships with investment partners to ensure a low cost of capital.

Daniel Erez and Scott Morgan are a part of the newest crop of shadow bank property lenders.  Their company, Newground Capital, joins many other non bank lenders which have entered the market in the past two years. These non bank lenders are filling the gap in lending that Australia’s major banks have made vacant. Both directors have seen a great increase in the number of offshore institutional investors looking to connect with local managers and enter the Australian market.   

A huge element that makes Newground unique is that the team comes from so many different areas including development, “big four” real estate finance and funds management, and advisory. Having a team that comes from different backgrounds allows them to help the client along the way instead of just throwing money at them with a high interest rate.

In addition, the team at Newground has developed positive relationships with investment partners to ensure a low cost of capital. That has paid dividends with a pipeline of more than $200 million of “qualified transactions” that they are working on. The company has about $60 million deployed across a mix of 10 investments including residential, retail projects, and medical.

If you want to inquire further about Newground Capital, click the register interest button below.

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About Newground Capital

Newground Capital invest in compelling opportunistic and value-add real estate investments with a clear exit strategy and attractive risk adjusted return.  Newground Capital manage capital on behalf of both Private and Institutional investors located across the globe. The Executive team has 100+ years of combined track record in successfully acquiring, fixing and exiting over $3B in level real estate investments across several sectors.

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