GEMI Globe Senior Secured Loan

An opportunity exists to co-invest in a $6m loan to assist an experienced and successful developer in Adelaide (completed in excess of 110 projects nationally over 28 years) with a project in Globe Derby SA, the expected loan maturity is 3 months and is paying 12.5% p/a.  iPartners is planning to take up to $1m of the loan for investors.

Asset Class

Fixed Income

Interest

12.5% p/a

LVR

55%

Investment Type

Secured Loan

Industry Sector

Commercial property

Maturity

Expected 3 Months