Equity Co-Investment – Residential Apartments

Equity Co-Investment – Residential Apartments

CapitalGroup was approached to assist with acquisition of land and subsequent development of a five level apartment project in a popular Auckland location.

CapitalGroup assisted by providing funding in the early phase to allow the development partner to acquire the land, obtain a resource consent, enter into a construction contract and achieve sufficient presales prior to bank funding being available.

Capital Group invested funds for the following reasons:

  • 01

    The site was well located in a prime Auckland location.

  • 02

    The development partner was known to CapitalGroup with a strong background in property.

  • 03

    Strong planning advice was received indicating a resource consent could be achieved for the proposed development.

  • 04

    Significant early interest was shown from potential buyers and the forecast apartment prices were supported by a valuation.

  • 05

    Project costs were estimated by reputable engineers and reviewed via a quantity surveyor with an existing relationship with CapitalGroup.

  • 06

    A well respected construction company was involved from the early phase.

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Mezzanine Bridging Loan

Mezzanine Funding – Bridging Loan


CapitalGroup was approached by a developer who was undertaking a private plan change which would see the zoning of a large land block on the periphery of Auckland change from rural to residential.