Stretched Senior Debt
$50m Gross Realisation Value
Reunion Place, is a three-level building, comprising 24 two and three-bedroom apartments and five penthouse-style residences situated minutes from Hampton Village and the Bay.
Beautifully designed by Fender Katsalidis architects and complemented by an exquisite landscape design by Eckersley Gardens, Reunion Place will be delivered by Sinjen Group with completion scheduled in the fourth quarter of 2023.
The developer was seeking a capital partner that could provide a construction facility that extended beyond traditional lending parameters. Monark understood the developer’s brief and subsequently provided a stretched senior debt facility which provided them with a complete funding solution. The benefit of this facility is that it enabled the project to commence construction earlier than forecast and minimised the developer’s equity contribution.Enquire +
- Key figures
- 24 Luxury residential apartments
- 5 Penthouse style residences