Reesby & Company has considerable experience in funding all types of property development including multi-unit residential development, commercial and retail projects, master planned communities and traditional land subdivisions.
Reesby & Co has completed transactions ranging from standard $1 million first mortgages over suburban retail developments to the recent $100 million Queens Residences apartments on Queen Street, $200 million Lighter Quay development in the Auckland Viaduct Basin, the $70 million Maritime Office Building on Wellington’s waterfront, the $250 million Telecom Head Office on Victoria Street, Auckland CBD, the $35 million HSBC Tower in Christchurch and the $60 million Chaffers Dock Apartment building in Wellington.
More recent projects include the funding for Vincent Apartments in Auckland CBD, Hopetoun Apartments in Freemans Bay, Urba Apartments in Freemans Bay, numerous subdivisions and housing projects in the Auckland region and large commercial developments in Christchurch. Over the past two years we have funded in excess of 30 development projects including residential subdivisions, retail developments and construction/strengthening of commercial properties.
We have also sourced bank and subordinated debt finance for over 6000 residential apartments and houses throughout New Zealand. Each project has different strengths and weaknesses so it is not possible to be specific on the level of funding available without receiving detailed information on the project.
Reesby & Co has the resources via private investors, banks and Spinnaker Capital to provide the funding for 100% of the cost of the project in certain circumstances.
The value of the above recent projects is in excess of $500 million and involves funding over 600 apartments/sections.
SOME OF OUR RECENT PROJECTS +
SOME OF OUR OLDER PROJECTS +
Freemans Bay, Auckland $70,000,000