Monark is a property development financier that has seen remarkable project visions and wealth goals realised for over a decade.
Backed by the Bori Liberman family office, and high-net-worth private investors, we are passionate about forging valuable long-term relationships that produce remarkable results.
We are an experienced, multidisciplinary team with property development, construction, credit risk and financial structuring expertise.
A partnership with Monark is a relationship characterised by mutual trust and accessibility, delivered with care and a desire for shared success.
Number of transactions
Focusing on the Australian middle property market, a sector underpinned by significant demand and price stability, Monark is today one of Australia’s premier property financiers.
Monark’s development focus:
We create tailored funding solutions across the capital stack.
Senior debt is secured by a first-ranking mortgage over the project and is repaid in priority to equity and any subordinated lender.
Monark provides senior debt for both land acquisition and construction either stand-alone or together with mezzanine debt and/or preferred equity. Having a single source of capital from Monark provides certainty to the transaction.
Senior Debt Projects
Unitranche or stretch senior debt is a combination of senior and subordinated debt in one package which is charged at a blended rate and provides a higher LVR than a traditional senior debt facility.
By providing a single funding solution the credit and documentation process is streamlined.
Mezzanine debt is secured by a second-ranking mortgage and is repaid following repayment of the senior debt.
The use of mezzanine debt allows a developer to reduce the amount of equity for the project, freeing up capital for use elsewhere.
Mezzanine Debt Projects
Preferred Equity is repaid after all secured debt has been repaid but before ordinary equity.
Preferred Equity offers an alternative to raising additional equity and has the benefit of having a capped return. Preferred Equity can be a more flexible option for developers as it typically doesn’t involve taking security over the land-owning entity or taking a registered mortgage over the land.
Preferred Equity Projects