There have been a decent handful of new entrants into the development funding space over the last year since we last evaluated the sector so we thought it worthwhile sharing our views and suggestions on how to navigate choosing a lender.
With many of the headwinds of recent years easing, HC sees 2024 as having the potential for being one of the most opportune for quite some time and a chance to build a solid base for several years to come.
ASIC and Treasury are planning to redefine the criteria for a "wholesale investor" by changing the wealth requirements. This could result in many existing investors being classified as "retail investors" and unable to participate in HCP's offerings. These changes would not only infringe on our investors' rights but also have a major impact on our business and the funds management industry.
Well, that was something of a roller-coaster year! While on balance the end results were a lot better than we probably imagined at the start of the year, it’s fair to say that may vary depending on where you viewed it from.
We are pleased to confirm our latest loan investment opportunity 'Brisbane Metro, QLD’ has been repaid and a net investor IRR of 7.50%pa^ has been achieved.
We are pleased to confirm our latest loan investment opportunity 'Gold Coast, QLD’ has been repaid and a net investor IRR of 40.11%pa^ has been achieved.
