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Halcyon daze: Rothschild to anoint property buyer

Halcyon daze: Rothschild to anoint property buyer
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New lender for land lease loans launches


Mortgage Business
New lender for land lease loans launches
By Annie Kane
04 June 2021
Seniors lifestyle communities developer Ingenia Communities has partnered with a fintech start-up to launch a funding solution for prospective residents of land lease communities.
Ingenia Communities Group, an Australian property group that owns, operates and develops a portfolio of seniors communities and holiday parks, has announced that it has partnered with a fintech start-up, Land Lease Home Loans, to launch a funding solution for prospective residents of land lease communities (communities where residents purchase the property/building but pay a fee to lease the land where the home is located, such as caravan parks or manufactured home estates). ....

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Shortlist for control of $500m aged care empire revealed


Bis have been rolling in since the start of the month.
The Australian Financial Review reported that bidders had about a month to finalise diligence, arrange funding and submit a binding offer for the auction.
Halcyon s largest presence in Queensland is on the Sunshine Coast where three of its nine communities are located.
Its first facility, Halcyon Parks with 171 homes, was opened in Caloundra in 2004.
It also owns B by Halcyon at Buderim and Halcyon Lakeside at Bli Bli.
Stockland operates 60 retirement villages with more than 10,000 residents, including two on the Sunshine Coast - Bellcarra and Shine.
The $65.9 million deal also included the purchase of Big 4 Townsville Woodlands Holiday Park in North Queensland. ....

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