The wide reach and flexibility of the Structured Development Finance Programme facilitates business growth for both the established developer and the expanding entrepreneur.
James Delmotte, Chief Co-Investment Officer
As a property developer and owner, Grosvenor is committed to the long-term growth and prosperity of the cities in which we invest. Through our Structured Development Finance Programme, we provide flexible financing to an established and growing portfolio of leading residential and mixed-use developers.
We established the Structured Development Finance Programme in response to a growing need for secondary financing of development projects.
Our approach offers an alternative to traditional joint venture partnerships. Leading developers can be assured by our tailored structures, our deep understanding of the development process and benefit from Grosvenor's broad network of relationships.
Our expertise has helped originate loans for over 70 completed development projects totaling CDN $4 billion (US $3 billion) in gross sales revenue. Property types include ground-up mixed-use developments, condominiums, rental apartments, townhomes and single-family homes, as well as condominium conversions.
The Structured Development Finance Programme is an increasingly important part of our business strategy. The programme currently operates in the San Francisco Bay Area, Metro Los Angeles, Metro Washington DC, Seattle and Vancouver.
Eight Twenty Mission is centrally located on South Pasadena’s historic Mission Street
The Bower is a 137-unit residential condominium development by PN Hoffman.
The Brooks is part of The Parks at Walter Reed, a 66-acre master-planned redevelopment in upper northwest Washington, DC.
Developed by Intracorp, Springline is a collection of 136-unit market-leading apartment community in Seattle, Washington.
Developed by Millennium Development Group, Boheme is a mixed-use development with 82 residences.
Developed by Intracorp, MC² is a residential high-rise mixed-use development.