Finance structures
Development finance for every layer of the capital stack
BluCow Capital arranges and coordinates funding from first-mortgage senior debt through to preferred equity — often several layers on a single deal. Each structure below sets out how we arrange it and where it sits in the stack.
Finance structures
Core finance structures
Also arranged
Specialist & asset-specific finance
Dedicated guides for each project type — each with an illustrative worked example.
Stretch senior finance
Higher-leverage senior debt that reduces the equity or mezzanine required. Learn more →
StructureNo-presale finance
Construction funding for projects proceeding without qualifying presales. Learn more →
StructureResidual stock finance
Releasing equity from completed, unsold stock at the end of a project. Learn more →
Project typeApartment development finance
Multi-storey residential — GRV-based leverage and presales. Learn more →
Project typeTownhouse development finance
Medium-density — stageable, with a settlement ladder. Learn more →
Project typeLand subdivision finance
Englobo-to-lots — staged, recyclable facilities. Learn more →
Project typeChildcare centre finance
Funded on the completed, leased investment value. Learn more →
Project typeService station finance
Funded on tenant covenant and passing yield. Learn more →
Project typeCommercial development finance
Office, retail and industrial — funded on pre-commitment and yield. Learn more →