Only 1 Days To Go
assignment_returnedRSVP To Join Us
RSVP To Join Us
date_range
November 11, 2023
What Can You Expect?
content_copy
INDUSTRY EXPERT
Our Industry Experts present on topics relevant to you and address the challenges that you will face on your property development journey
insert_chart
REAL DEAL
These are members of the community presenting their own deals, showcasing the good / bad and the sometimes 'ugly'
autorenew
MASTERMINDING
Our very unique Masterminding process where we help you to overcome your current challenges so that you can achieve a successful return
people_outline
+ NETWORKING
Don't forget the after meeting drinks...where many a JV partnership is found and at times this part can go for as long as the formal meeting, so be sure to get a 'leave pass' to join us!
Finance Secrets Unveiled (CrowdProperty) & 1 into 3 Subdivision (Elise Chen)
Bringing together the collective knowledge & experience of your local community to assist you in progressing on your Property Development journey.
In-Person: 1:30 pm (Adelaide) to 'Mingle With The Expert'
Virtual: 2pm (Adelaide time)
In-Person: 1:30 pm (Adelaide) to 'Mingle With The Expert'
Virtual: 2pm (Adelaide time)
CrowdProperty - Daniel He
Daniel He is an experienced property developer specialising in small-scale residential projects across Australia. With over 16 years in real estate and developments totalling over $50 million, he has honed his skills in unlocking value for investors. He actively sources and develops property, particularly in Adelaide where he has deep market knowledge. As Property Director at CrowdProperty Australia since its inception, Daniel has assessed active deals worth more than $600 million.
CrowdProperty is a marketplace lender and investment manager. It provides project loans to small-scale residential property developers to help build more sorely needed homes in Australia. It sources the funds from private investors — retail, wholesale, and institutional investors, including SMSFs — who earn a target income return from the project loans they invest in. Founded in the UK in 2013, and since funding the construction of over 3000 homes worth over $1.25bn, CrowdProperty launched in Australia in 2021 to help solve the #1 issue for small-scale developers — access to debt finance.
CrowdProperty is a marketplace lender and investment manager. It provides project loans to small-scale residential property developers to help build more sorely needed homes in Australia. It sources the funds from private investors — retail, wholesale, and institutional investors, including SMSFs — who earn a target income return from the project loans they invest in. Founded in the UK in 2013, and since funding the construction of over 3000 homes worth over $1.25bn, CrowdProperty launched in Australia in 2021 to help solve the #1 issue for small-scale developers — access to debt finance.
Industry Expert
Finance Secrets Unveiled
Are you confused or anxious about getting finance for a development project?
Let’s face it – getting (the right) funding can make or break a deal!
Do you understand what goes on "behind the scenes" of a 1st mortgage funder (and funders in general)? And why:
- your project may (or may not) be a fit with the lender,
- macroeconomic factors affect the ability to get your project funded,
- you need to best position yourself (and your project) to give it the best chance of being funded.
I get it! It is confusing! And you don’t know what you don’t know! That’s where this week’s speaker comes in! Daniel He from CrowdProperty will talk with us about what happens behind the scenes:
- Credit policy
- Potential risk to profit ratio
- Portfolio exposure
- Source of funds
- Quality of the sponsor
- Macro economic factors
- Other Factors
Don’t get caught out thinking there is something wrong with the project when it's actually something else (e.g. portfolio exposure, lender appetite, credit policy…) or one of these common mistakes:
- provide irrelevant information that may or may not support your finance application
- provide insufficient information e.g. sponsor profile
- assume all lenders lend for all projects
* assume that LVR's and interest rates are static for every project
* assume that it's purely numbers, not a relationship one.
You need to hear what Daniel has to tell you! Make sure you RSVP to come along in-person to this Meetup, or live-stream via Zoom
Are you confused or anxious about getting finance for a development project?
Let’s face it – getting (the right) funding can make or break a deal!
Do you understand what goes on "behind the scenes" of a 1st mortgage funder (and funders in general)? And why:
- your project may (or may not) be a fit with the lender,
- macroeconomic factors affect the ability to get your project funded,
- you need to best position yourself (and your project) to give it the best chance of being funded.
I get it! It is confusing! And you don’t know what you don’t know! That’s where this week’s speaker comes in! Daniel He from CrowdProperty will talk with us about what happens behind the scenes:
- Credit policy
- Potential risk to profit ratio
- Portfolio exposure
- Source of funds
- Quality of the sponsor
- Macro economic factors
- Other Factors
Don’t get caught out thinking there is something wrong with the project when it's actually something else (e.g. portfolio exposure, lender appetite, credit policy…) or one of these common mistakes:
- provide irrelevant information that may or may not support your finance application
- provide insufficient information e.g. sponsor profile
- assume all lenders lend for all projects
* assume that LVR's and interest rates are static for every project
* assume that it's purely numbers, not a relationship one.
You need to hear what Daniel has to tell you! Make sure you RSVP to come along in-person to this Meetup, or live-stream via Zoom
Elise Chen
With 11 years of experience as 2 major banks home lender, 3 years as an independent mortgage broker, and 5 years in real estate development, Elise Chen has done projects across 6 different councils across Adelaide metropolitan area. She brings a wealth of expertise to the financial and real estate sectors. A dedicated real estate enthusiast with a deep passion for the industry, Elise is a knowledgeable and enthusiastic professional.
'Real Deal' Presentation
1 into 3 Land Subdivision
934sqm, General Residential, Port Adelaide and Enfield, South Australia
Elise purchased this site with Delayed Settlement right at the start of the pandemic, allowing her to obtain planning approval before settlement.
And even though the demolition of the existing house was delayed by COVID restrictions, what she didn’t do was a Before You Dig Australia search… oops!
The contractors dug up the NBN line meaning her neighbours’ had no internet access for a month while it was being repaired! Eeek!
The three newly created lots were over the minimum lot size requirements, BUT they still needed to have house plans lodged with the development application to show where a house would fit on those lots.
Selling the lots herself through a “Sale By Owner” website, Elise ran into a few challenges:
- sold below market value
- sourcing potential buyers
- negotiation with potential buyers
- one buyer wanted to extend the finance clause until settlement due to their job instability!
Come along to this Meetup to find out how she fared with the sales and what her (impressive) profit margins were at the end!
934sqm, General Residential, Port Adelaide and Enfield, South Australia
Elise purchased this site with Delayed Settlement right at the start of the pandemic, allowing her to obtain planning approval before settlement.
And even though the demolition of the existing house was delayed by COVID restrictions, what she didn’t do was a Before You Dig Australia search… oops!
The contractors dug up the NBN line meaning her neighbours’ had no internet access for a month while it was being repaired! Eeek!
The three newly created lots were over the minimum lot size requirements, BUT they still needed to have house plans lodged with the development application to show where a house would fit on those lots.
Selling the lots herself through a “Sale By Owner” website, Elise ran into a few challenges:
- sold below market value
- sourcing potential buyers
- negotiation with potential buyers
- one buyer wanted to extend the finance clause until settlement due to their job instability!
Come along to this Meetup to find out how she fared with the sales and what her (impressive) profit margins were at the end!
Event Location
November 11, 2023
Stamford Plaza Adelaide
arrow_drop_down_circle
Divider Text
Pricing & Ticket Options
Pricing & Ticket Options
'Existing Annual Member' (Included for you, simply RSVP below)
'Casual Attendee' ($25 for 1 meeting only)
'Annual Member' ($250/year)
OR.....If it's your FIRST TIME
You can trial our PDN Annual Membership for JUST $1!
'Existing Annual Member' (Included for you, simply RSVP below)
'Casual Attendee' ($25 for 1 meeting only)
'Annual Member' ($250/year)
OR.....If it's your FIRST TIME
You can trial our PDN Annual Membership for JUST $1!
November 11, 2023
**Space Is Limited - RSVP NOW**
Partners & Affiliates
Partners & Affiliates
