In a tight development environment like Queenstown, capital is scarce and lenders demand certainty. This project required NZD 12 million to deliver 12 terrace homes — with only NZD 400,000 equity to back it.

Atlas Capital structured a 100 % finance solution by aligning a credible developer, a committed construction contract, and a lender willing to back upside potential.

The developer had already engaged a registered local contractor under a signed NZS 3915 contract, with the first tranche due imminently. Delaying would risk reputational damage in a market where relationships matter.

Atlas leveraged deep lender relationships to find a finance partner who saw more than just ratios. The structure accepted the unconventional equity position in light of project strength and sponsor credibility.

Outcomes achieved:

• NZD 12.0 million fully funded against NZD 21.0 million valuation

• Developer kept construction on schedule

• Six presales secured via Colliers Queenstown

What looked like a hard “no” on paper became a live project in one of New Zealand’s most competitive precincts. 100 % financing is rare — but not impossible when the right constellation of traits aligns.