A boutique property investment fund with a core focus
in commercial property and construction lending.
Most banks and other mainstream financial institutions have stringent rules and requirements with regards to loan serviceability, borrower experience, tenancy mix and Loan to Value Ratios (LVR), to name but a few.
The minimum requirements would typically be the borrower’s up-to-date financials, proof that the borrower is a seasoned property owner, a strong WALE, Interest Cover Ratio above 1.5 times and a maximum 65% Loan to Value Ratio.
There are, however, a substantial number of private lenders and mortgage trusts (typically referred to as Non-Banks) that are less stringent. These Non-Banks will not be as stringent on Interest Cover Ratios, might accept a lower WALE and be comfortable with Higher LVRs.
Non-Banks, as a rule, are more property focused, as opposed to banks that are more sponsor focused.
Malcolm Hamilton
Director
Malcolm is a serial entrepreneur and businessman within the retail space. He has over 20 years experience as an active Managing Director and owner of multiple fuel; supermarket; liquor and food retail businesses with a permanent workforce of over 300 employees. He has a strong focus on the banking, accounting and controls side of these businesses.
With property and direct property investments being his hobby and passion for many years, the initial relationship with Bedrock Funding, as a sophisticated investor, was a natural fit. This quickly evolved into identifying more opportunities for like-minded individuals with an appetite for passive, short-term investments backed by quality property at above average returns.
As a proud graduate from the “school of hard knocks” Malcolm believes it puts him in good stead to truly understand the intrinsic value of each hard earned dollar. We give validation to this with our own funds invested alongside investors’ money in each and every opportunity.
If you would like to know more about the current preferred equity and mezzanine finance opportunities available please do not hesitate to get in touch with Malcolm.
PIETER EKSTEEN
Director
Pieter Eksteen is a result driven Construction and Commercial Property Finance Expert with extensive experience in Property Development, Business and Project Management.
This experience enables Pieter to quickly understand the commercial requirements of new or existing projects and craft the most suitable solutions. He has worked in the industry with hands-on involvement in acquisitions, DA’s and project delivery. He specializes in translating practical information into a format financial institutions are comfortable with and understand.
Pieter worked as a Senior Development Manager for 10 years before he specialized in finance. His experience includes working on the full gamut of real estate development matters, including site acquisitions and disposals, development agreements, sub divisional approvals and planning issues, management and marketing issues, contractual disputes, commercial leasing and licensing issues.
He has cemented long-standing relationships with key people within the major banks and lending institutions, and developed a great network including developers, valuers, development consultants, construction companies, investors, commercial agents and project marketers.
In 2013 Pieter joined Holden CAPITAL as their first Consultant. Over the 4 years working with the team at Holden CAPITAL Pieter saw the business grow from “2 blokes sitting in a room and doing deals” to a team of more than 15 and being recognized as one of the leading Commercial Brokerage firms in Australia.
Formal qualifications include a Bachelor of Engineering, a Master of Business Administration, Cert IV Financial Services and a Full Real Estate License.
Specialties: Real Estate Due Diligence, Land Subdivisions, Townhouse Projects, Apartment Towers, Medical Precincts, Hotels.
Finance Experience: Construction Finance Senior Debt – Bank and Non-Bank; Mezzanine Finance; Stretch Finance; Preferred Equity; and Fund Troughs.
MORTGAGE INVESTMENTS
XTON Wealth’s mortgage investments are powered by BEDROCK Funding. BEDROCK is a renowned construction and commercial property broker. Our deal-flow predominantly comes through the long-standing relationships that the brokerage has with developers and banks alike.
UNIT TRUST INVESTMENTS
XTON Wealth’s Unit Trust investment products are more suited to investors with an appetite for direct property investments. These typically run between 5 – 7 years, with a lower risk profile.
READY TO INVEST?
XTON Wealth handles everything from deal sourcing, negotiations, acquisitions, structure, finance, property management, Trustee corporate governance and the sale and exit of the Trust.
This is a fantastic way for passive investors to get exposure to quality Australian assets without the high-cost ‘barrier of entry’ normally associated with commercial properties.
XTON Wealth is an un-listed Australian Financial Services Licenced (AFSL) property investment fund. This comes with the comfort associated with such a stringent and extremely well-regulated industry in the Australian market.