Australian property development finance
Development finance, structured around your development
BluCow helps property developers structure, source and execute development capital across senior debt, private credit, stretch senior, mezzanine and preferred equity.
Why developers work with us
BluCow Capital helps active Australian developers structure and secure the full capital stack. We package each transaction the way a credit team reads it: leverage, security, presales, builder capability, contingency and the debt exit, resolved before we go to market.
Written for the credit team
Every submission is built as a credit-ready funding paper — the assumptions a valuer and a credit committee will test are addressed up front.
One adviser, every tranche
Senior, stretch senior, mezzanine and preferred equity — arranged and coordinated so the layers actually fit together.
Development is all we do
Construction and development finance is the entire business — residential, commercial and mixed-use, structured end to end.
Finance structures
Funding for every layer of the deal
The structures we arrange and coordinate across a development — often several together on a single project.
- Property development financeWhole-of-stack structuring, end to end.
- Senior debtFirst-mortgage construction funding — the base of the stack.
- Mezzanine financeSubordinated debt that lifts total leverage and preserves equity.
- Preferred equityPriority-return capital that closes an equity shortfall.
- All finance structures →Stretch senior, no-presale, residual stock, land subdivision and more.
- Compare capital structures →Model senior, stretch senior, mezzanine and preferred equity side by side.
Capital strategy tool
See the trade-offs before you commit
Model the same development funded four ways — senior, stretch senior, senior plus mezzanine, and senior plus preferred equity — and watch the equity you commit, the leverage, the finance cost, the profit and the return on equity change side by side. It shows the trade-offs across the capital stack; it doesn’t pick a winner.
Who structures your deal
A valuer's eye on your funding submission
BluCow Capital is led by Sorren Perridge — a finance adviser whose background spans property valuation, development and real estate agency. That combination matters: the person packaging your deal has sat on the side of the desk that scrutinises it.
Formal qualifications include a Bachelor of Business, a Master of Property Valuation, a Master of Property Development and a Diploma of Finance & Mortgage Broking Management — a rare mix of valuation rigour and development experience applied to how your submission is built and defended.
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