As 2024 draws to a close, we’re taking the time to reflect on a year of accomplishments, market transformations, and relationship-focused lending successes. From funding projects that felt the brunt... read more →
Location: Ashgrove, Queensland | Project Type: Construction of 7 residential townhouses PROJECT OVERVIEWStalled construction works at a residential project at Dorset Street, Ashgrove, were able to be recommenced thanks to... read more →
I have never seen the difference in the bank and GPS borrower rates so small. GPS, and other private lenders, have a perceived higher cost of funding but with the... read more →
In Queensland’s construction industry, presales have historically been the go-to means for securing development financing. Traditionally, presales offer lenders a form of financial protection, affirming market acceptance for the product... read more →
When it comes to securing finance, the temptation to focus solely on the interest rate offered can often overshadow other critical factors. And while it’s true that competitive interest rates... read more →
While securing financing is crucial for developers, the focus shouldn't solely be on interest rates. At GPS Development Finance, we understand that financing goes beyond the initial loan, and is... read more →
The recent discourse I’ve read surrounding residential development in South East Queensland (mainly through the media and competitor newsletters) paints a rather bleak picture, to be frank. However, time and... read more →
In recent years, residential unit builders in Queensland have faced significant challenges. The sudden hit of Covid brought work restrictions and disruptions, worsened by shortages of available materials and contractors,... read more →
Back when the world was in black and white (photography), and kids walked to school, my father had the pleasure of driving my brother and me to and from sailing... read more →
With interest rates rising and building/land acquisition costs still high, you may have already experienced the pull back from banks, or other funders not being able to meet Progress Draws... read more →
