Below is a wide range of our completed property-backed investment opportunities tailored to sophisticated investors.

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First Mortgage -

Existing Asset
Sydney Metro

The sponsor plans on re-developing a luxury property in a highly sought after location within Sydney’s Eastern Suburbs. The primary exit strategy is via a refinance through a construction loan following DA approval.

LVR • INVESTMENT • RETURN

65% • $13,650,000 • 8.25% p.a.

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Late Stage Ordinary Equity
Melbourne Metro

The developer offered Ordinary Equity in a development project comprising seven luxury apartments in South Yarra. Two out of the seven apartments have presold, with the remaining anticipated to sell through to completion - scheduled for November 2020.

LVR • INVESTMENT • RETURN

66% • $4,250,000 • Targeted 18% p.a.

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First Mortgage -

Construction Loan
Melbourne Metro

The loan is secured by a permit approved site for the development of 37 boutique apartments in one of Melbourne’s bayside jewels, Murrumbeena. 36 of the 37 apartments have been presold, with completion scheduled for December 2018.

LVR • INVESTMENT • RETURN

65% • $12,915,500 • 9% p.a.

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First Mortgage - Construction Loan
Melbourne Metro

Loan was approved with a condition of obtaining two pre-sales out of ten apartments. The reduced presale requirement enabled the developer to move into construction early

LVR • INVESTMENT • RETURN

70% • $3,500,000 • 15% p.a.

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Second Mortgage -

Existing Asset
Brisbane Metro

A twelve month loan offered to facilitate the settlement of a luxury residential property located in the affluent suburb of Hamilton, Brisbane.

LVR • INVESTMENT • RETURN

64% • $1,300,000 • 14% p.a.

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Mezzanine Debt - Existing Asset
Sydney Metro

Bridging loan pending a refinance. Pallas Capital had a clear line of sight on the refinance as we had been engaged to restructure our own mezzanine debt with a new first mortgage loan.

LVR • INVESTMENT • RETURN

70% • $3,500,000 • 15% p.a.

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Second Mortgage - Development Site
Sydney Metro

Secured by boutique DA approved site in Double Bay, this loan will be refinanced as part of a debt restructure as the project moves into the construction phase.

LVR • INVESTMENT • RETURN

60% • $2,460,000 • 12% p.a.

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First Mortgage -

Existing Asset
Sydney Metro

The sponsor plans on re-developing a luxury property in a highly sought after location on Sydney’s Eastern Suburbs. The primary exit strategy is via a refinance through a construction loan following DA approval.

LVR • INVESTMENT • RETURN

65% • $7,150,000 • 8.25% p.a.

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First Mortgage - Development Site
Melbourne Metro

The Borrower required a short term loan to progress a Planning Permit and obtain pre sales before refinancing with a construction loan.

LVR • INVESTMENT • RETURN

70% • $2,450,000 • 10% p.a.

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Preference Equity
Melbourne Metro

The developer offered Preference Equity in a development project comprising 18 luxury apartments in the blue-chip suburb of Malvern. 16 of the 18 apartments have been presold and the builder appointed prior to the Preference Equity being contributed.

LVR • INVESTMENT • RETURN

75% • $3,750,000 • 14% p.a.

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First Mortgage - Development Site
Melbourne Metro

Funds were used to assist with the acquisition of a permit approved development site. The primary exit strategy was via refinance with a cheaper cost of funds once the Borrower had completed early works from his own equity sources.

LVR • INVESTMENT • RETURN

60% • $8,100,000 • 9% p.a.

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Ordinary Equity
Melbourne Metro

Ordinary Equity was offered in a proposed boutique development of 23 apartments in a blue-chip suburb of Melbourne. A Planning Permit was subsequently obtained and 19 of the 23 apartments have been presold with completion scheduled for November 2019.

LVR • INVESTMENT • RETURN

65% • $5,000,000 • 20% p.a.

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First Mortgage -

Construction Loan
Melbourne Metro

The purpose of this loan was to fund the construction of 25 luxury apartments in Glen Iris, Victoria. Construction has commenced with a highly reputable builder, Cobild on a fixed price / fixed time contract. 17 of the 25 apartments have been presold which equates to 100% debt cover.

LVR • INVESTMENT • RETURN

63% • $17,150,000 • 8.50% p.a.

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First Mortgage - Existing Asset
Sydney Metro

Funds used to acquire two adjoining residential properties located in Chatswood. The properties were part of a larger site consolidation play in the sought after suburb of Chatswood. The loan was repaid via a refinance with a cheaper cost of funds.


LVR • INVESTMENT • RETURN

70% • $1,974,000 • 8% p.a.

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First Mortgage - Development Site
Melbourne Metro

Funds were used to settle on a cleared development site with a Planning Permit for 13 apartments in Toorak. An amended Planning Permit was obtained for seven larger apartments and the debt will be refinanced with a construction loan once presales have been achieved.

LVR • INVESTMENT • RETURN

65% • $3,900,000 • 9% p.a.

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First Mortgage -

Development Site
Sydney Metro

Unregistered Second Mortgage with caveat over the residual stock in a boutique development in Cremorne. The loan converted to a First Mortgage during the term of the loan once resales had settled.

LVR • INVESTMENT • RETURN

64% • $1,760,000 • 10.5% p.a.

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First Mortgage - Development Site
Melbourne Metro

Funds used to settle a development site with a Planning Permit pending. The permit was obtained during the loan term and the debt subsequently refinanced at a cheaper cost of funds.

LVR • INVESTMENT • RETURN

60% • $4,130,000 • 10% p.a.

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First Mortgage - Development Site
Melbourne Metro

A developer required a loan to settle a commercial zoned development site in Victoria. Planning Permit was obtained during the loan term, and subsequently refinanced the Pallas loan.

LVR • INVESTMENT • RETURN

55% • $4,130,000 • 10% p.a.

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Preferred Equity
Melbourne Metro

The developer offered Preference Equity in a development project comprising 18 luxury apartments in the blue-chip suburb of Malvern. 19 of the 23 apartments have been presold and the building appointed prior to the Preference Equity being contributed.

LVR • INVESTMENT • RETURN

75% • $3,200,000 • 13% p.a.

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First Mortgage - Land Bank
Melbourne Metro

The purpose of this loan was to assist settlement of the security property. The clear exit strategies are; refinance through a construction loan, refinance through a reduced rate land loan with permit approved or sale of of the land.

LVR • INVESTMENT • RETURN

60% • $7,200,000 • 8% p.a.

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First Mortgage - Development Site
Melbourne Metro

A previously unencumbered development site that the borrower used as collateral to release funds for other development projects.
A clear exit strategy was in place via applying sales proceeds from a completing development.

LVR • INVESTMENT • RETURN

60% • $660,000 • 9% p.a.

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First Mortgage - Land Bank
Melbourne Metro

The purpose of this loan was to release equity to support the application of the Planning Permit and complete the preliminary construction works of the security property.

LVR • INVESTMENT • RETURN

60% • $1,290,000 • 9% p.a.

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First Mortgage - Existing Asset
Sydney Metro

The purpose of this loan was to provide a working capital facility in anticipation of sale of the Security Property. The property was subsequently sold and the loan repaid.

LVR • INVESTMENT • RETURN

24% • $1,200,000 • 10% p.a.

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Second Mortgage -

Existing Asset
Sydney Metro

Provide a working capital facility in anticipation of sale of the Security Property. The property was subsequently sold and the loan repaid.

LVR • INVESTMENT • RETURN

29% • $2,325,000 • 9% p.a.