Loan in Spotlight: Logan Village, QLD

Synergy by name, synergy by nature.

Trilogy Funds recently provided a $6.6 million financing solution for the construction of an industrial facility in Logan Village, Queensland. ‘Synergy Park’ will comprise 13 units ranging in gross floor area of 121 sqm to 315 sqm.

The project marks the fourth time Trilogy Funds has provided a financing solution for this Sponsor – we’re grateful for this vote of confidence in our service and our ability to consistently deliver. The Sponsor’s continued trust affirms our focus on providing tailored, high-quality solutions that foster mutually beneficial relationships with borrowers.

Synergy Park in Logan Village is located in the M1 Corridor and will provide stock to a region containing just over a quarter of Greater Brisbane’s underdeveloped serviced land supply.

Signalling the strength of the development and demand for industrial stock in the region, two qualifying pre-sales totalling $1 million were secured prior to the commencement of construction.

The Sponsor has an extensive track record of developing industrial facilities across Southeast Queensland – we’re excited to be part of their success.

Settled by Jack Mihajlovic.

Whether you’re looking to fund your first or your fourth project, find your synergy with Trilogy Funds. Enquire here.

Loan specifics

Loan Amount  $6.576 million
Loan Term 15 months
Loan Type Construction
Loan-To-Valuation Ratio 64.07% (excl. GST)