Insights
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November 3, 2021
Introducing comr8
As our closest friends and clients, we’re proud to introduce you to comr8 our new commercial property finance marketplace – connecting borrowers to their best finance solution. For over 11 years, Stamford Capital has been tirelessly working to deliver the best for our clients; our rich history and breadth of experience feeding into every decision […]
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July 28, 2021
Lockdowns still not enough to subdue market liquidity
The past 12 months have been an interesting time in the debt capital markets and indeed, the property sector in general. What started with a cloud of COVID-19 uncertainty – as we all held our breath to see how the markets would respond – ended with more capital in the market than we have ever […]
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June 1, 2021
Commercial lending back at pre-pandemic levels
Pre-sales lending criteria easing, deal competition increasing with more non-bank lenders Expectations are for price wars forcing non-banks to lower margins Dramatic swing back in survey results after the bleakness of a year ago Commercial lending appetites are back at pre-COVID levels, with high levels of confidence and optimism across most property sectors. To read […]
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May 13, 2021
Capital Supply Tipped to Exceed Demand
Lenders are lining up to provide capital on new projects as the property industry suddenly becomes an attractive prospect, a swift turnaround on the situation six months ago. Both bank and non-bank lenders are trying to take advantage of the real estate market, granting more opportunities for developers, however capital supply could outpace demand, according […]
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May 12, 2021
Private capital floods back into real estate debt ‘like a boomerang’
Private capital chasing higher yields in the booming property market has fuelled an explosion of new non-bank lenders offering construction and investment loans this year, according to one of the country’s leading commercial mortgage brokers, Stamford Capital. “[Lending] has come back like a boomerang. There was a huge dip [last year during the pandemic] but […]
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May 11, 2021
Real Estate Debt Capital Markets Survey 2021
What a difference six months makes. With Australia’s residential real estate markets running red hot, interest rates at close to zero, and few alternatives for yield, real estate debt is certainly looking attractive. And private lenders are following non-bank lenders into the arena. While there may still be pockets of concern, including commercial and retail […]
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April 8, 2021
Mezzanine finance on the comeback in commercial property
Mezzanine finance was once a common part of the broker’s arsenal of products, but has taken a backseat in recent years as Big Four lenders shied away from apartment and unit development deals. “Mezzanine finance, or second mortgage, are debt instruments that exist in capital stacks that are most often used in project financing, but […]
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Mezzanine finance back in favour as residential presales surge
According to commercial finance intermediary Stamford Capital, mezzanine and traditional bank financing arrangements are emerging as key trends in real estate debt capital in the commercial property sector, as developers return to trading bank lenders and incorporate mezzanine finance in their development finance stack. To read the full article from the Australian Property Journal Click […]
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April 7, 2021
Cheaper mezzanine funding on the cards for developers
The resurgent housing market has delivered a double boost to residential developers in the form of cheaper debt as banks look to partner again with mezzanine lenders. To read more of the article in the AFR Click here.
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April 1, 2021
Mezz is back…
Mezz is back…tell your friends! Mezzanine finance is back, for real. We’ve recently closed two mezzanine loans and have seen an uptick in inquiries for this capital type, which for the last few years has remained dormant. This is an interesting shift in market and perhaps an indicator of where we expect to see activity in […]
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January 29, 2021
New Year Update
Happy new year all. Appreciate we’ve all been getting a lot of New Year emails regarding the unprecedented 2020 year that was… but here is our take out from a commercial real estate capital perspective following our regular updates during the COVID outbreak: Key Points: We’ve never seen more alternate capital in market, perhaps non-bank […]
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November 18, 2020
The impacts of COVID-19
The coronavirus pandemic has shifted the way banks and non-banks are looking at lending. To read more of the feature in Mortgage Professional Australia click here.
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October 21, 2020
October 2020 Outlook
To say the world has changed since our past article would be an understatement. Clearly there is total media saturation on what has to be one of the globe’s worst health crisis in history and its ramifications on both human and economic functions. In our last paper, we had communicated and forecast cash rates to […]
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October 2, 2020
Real Estate Debt Capital Markets Survey 2020
In early 2020 the real estate debt capital market was quietly optimistic. By January, the residential market had recovered almost all of the losses suffered between 2017 and 2019. Most lenders were looking for new opportunities to reduce their loan books, with 87% expected to maintain or loosen their investment credit criteria. And then COVID-19 […]
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September 30, 2020
Non-Bank Lenders Seize Resurgent Loan Appetite
Non-bank lenders are leading the charge to capture emerging capital flowing back into the property market as investors emerge from the depths of the Covid-19 crisis, financier Stamford Capital says. According to a survey of 100 lenders conducted in August, lending activity is projected to remain stable, with 70 per cent of respondents expecting major […]
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September 29, 2020
Non-Banks drive surge in real estate funding liquidity
A fresh wave of capital has poured into real estate debt markets in the post-COVID-19 age, according to a survey of 100 lenders, and non-banks are leading the charge to fund investors and developers. More than 70 per cent of the banks, non-banks and private lenders surveyed in August by mortgage originator Stamford Capital said […]
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August 24, 2020
‘Gold Brick’ Bias Creates Niche for Non-Bank Lenders
Liquidity is more important than pricing and wherever there is liquidity, there is a deal that can be done. Click here to read the full article from The Urban Developer.
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July 13, 2020
The Office is Dead…Long Live the office
I’ve had several conversations over the last three months about offices being a relic of a pre corona world. There is little doubt that the office and the purpose of an office will change. The likely changes include greater flexibility for teams to operate at home or from the office. Modern businesses will adjust here. […]
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June 23, 2020
Loan product alert – June 2020
We rarely lead with price but Stamford has capital allocation that is both unique and highly competitive, notables as follows: Lender: Bank Type: Investment Debt Facility Loan size: $7,500,000+ LVR: Up to 65% Interest Rate: ~2% all in Subject to the Banks’ credit assessment policy and conventional loan covenants for a facility of this nature. […]
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June 12, 2020
2020 Residential Market Outlook
Thanks to Colliers International for hosting and inviting Stamford to take part in the 2020 Residential Market Outlook Webinar alongside Ethos Urban. To see the full presentation on the 2020 Residential Market Outlook during and post COVID-19 click here.
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May 6, 2020
Stamford Snapshot: 6th edition
Following on and an update from last Wednesday. Our key observations over the last week: The market appears to have definitely shaken lose who remains at play in the non-bank space. We are surprised on the upside at the depth of capital available, both for existing assets and development. Should also mention residual stock, like […]
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April 29, 2020
Stamford Snapshot: 5th edition
Following on and an update from last Wednesday. Our key observations over the last week: Demand for debt capital continues to subside, in particular for development/project finance. We have terms issued and agreed on our first structured deal post COVID, a staple of senior and two separate junior positions. The capital here from an Asian fund………some […]
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April 22, 2020
Stamford Snapshot: 4th edition
Following on and an update from last Wednesday. Our key observations over the last week: We are seeing and doing genuine post COVID deals now, giving us and our clients the benefit of real time risk and pricing benchmarks. The bias here being reduced risk/gearing with increased pricing, happy to take calls to talk about particular […]
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April 15, 2020
Stamford Snapshot: 3rd edition
Following on and an update from last Wednesday. Our key observations over the last week: Continued bias in tightened availability of debt capital and those lending taking less risk and wanting greater return, the later in particular for the non-bank market. Demand for debt capital has fallen materially with the bulk of our origination in […]
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April 8, 2020
Stamford Snapshot: 2nd edition
Following on and an update from last Wednesday. Our key observations over the last week: The bias remains to debt capital tightening, in particular we have seen some non-banks tighten credit criteria or pause lending rather than price for risk. That said we remain encouraged by the amount of debt capital remaining at play for […]