EkkoPoint Properties – Quest Kelvin Grove
BCP arranged a financing package to assist with the acquisition of land and the development of 96 apartments in Kelvin Grove, 2 kms east of Brisbane’s CBD. The complex comprises 50 apartments leased to Quest Serviced Apartments on a long term lease, as well as 46 apartments known as “Cinque” sold to private owners and investors. BCP arranged the Construction Finance package of $30.0 million, comprising a mix of Senior and Mezzanine Loan Facilities as well as the Term Loan Finance on completion. BCP also facilitated the lease arrangements with Quest Serviced Apartments. Construction was completed in July 2015.
“Settlement all completed. Thank you all very much for your professionalism, expediency, rationality and co-operation. It was great to work with people who make it both easy and fun to do business.”
— Ben McCarthy, Managing Director, EkkoPoint Properties
Victorian Hotel Group
BCP arranged a financing package of over $40.0 million to fund the freehold and going concern operations of 4 large gaming hotels in Victoria. The Victorian Hotel Gaming Group has been a long standing client of BCP and the refinancing package arranged in 2012 provided our client with improved flexibility and cost savings.
Victorian Property Investment Group:
BCP arranged a term funding package of $38 million to assist in the financial restructure of a property investment asset comprising 6 levels of office accommodation and retail space on the ground level. The facility was arranged for an initial 3 year term and then extended for a further period to allow the client to structure an interest rate hedging strategy specific to the prevailing market conditions.
“White & Partners has been working with Brett and BCP Finance for more than 5 years. BCP has arranged funding solutions for our past 6 property investments which are predominantly hotel and development assets. They are great to work with and have a strong understanding of the current bank funding market and bank lending appetites. BCP has good relationships with the financiers and works with them to achieve the best outcome for us.”
– George Ajaka, Partner, White & Partners
“BCP have a diverse team with a depth of knowledge and wealth of experience in business and corporate finance. We have worked closely with the team at BCP to deliver finance solutions to many clients. The difference in working with BCP has been their thorough professionalism, strategic thinking and long-term focus that fits perfectly with our philosophy of service to our clients. Together with our firm, the value added is multiplied for our clients. We have no hesitation in recommending BCP to anyone seeking the services of a professional, responsive, trustworthy, technically strong and innovative finance service.”
– Glenn Cosgrave, Director, Bates Cosgrave Chartered Accountants
“Brett has been actively involved in my business interests for the past 12 years. Over that time, he has arranged and managed financing for my hotel, property development and term investment interests. I have found Brett’s wide range of contacts and networking invaluable and BCP continue to be a true partner in the success of my business.”
– Bill Perry, Perry Group
“I have been dealing with Brett and the team at BCP for over 16 years. They understand my business completely and assist me with all facets of my banking and finance requirements, whether it be for my personal financing through to transactional banking for my operating businesses. The BCP Team are a key part of my Finance Support Group.“
– Bailey Hunter, Director, Hunter Investment Group
“Over the past 6 years, BCP has arranged financing packages for my last 13 projects. These have ranged from funding packages for small infill projects to larger multi-stage projects involving land and townhouse developments. BCP has always delivered on timelines and arranged financing packages in line with my expectations. They are a genuine partner in my developments.”
– Ben McCarthy, Managing Director, EkkoPoint Properties