Provides investors with access to first mortgage investment opportunities.
About Multiple Capital
Multiple Capital provides property development and construction loans throughout Australia with offices in Melbourne and Sydney. Multiple Capital draws upon the deep property and finance expertise of its shareholders to assess and manage investments in first ranking mortgage investments in the CRE sector, and thereby deliver attractive risk adjusted returns to investors and tailored first ranking mortgage lending solutions to borrowers. Founded in 2017, Multiple Capital was established to fill the funding gap in the property debt market and provide investors with access to first mortgage investment opportunities, investing alongside Mulpha Australia Limited.
Mulpha is one of Australia’s most experienced real estate and hospitality investors with highly specialised operational management and development capability. The group has an extensive portfolio spanning property development, hospitality, education, retirement and infrastructure assets in Australia, Malaysia, Philippines, Hong Kong and Europe.
Multiple Capital is an authorised representative of Mulpha Funds Management Pty Limited (AFSL No: 486652).
Investing in Australian commercial real estate (CRE) first mortgages provides attractive risk adjusted returns of 10% to 14% (net IRR pa) with the benefit of a senior first mortgage security package.
The opportunity to earn an attractive return exists due to the current dis-location in the Australian funding market that has resulted due to the capital constraints and regulatory pressure that is being applied to the banks by APRA.
Multiple Capital provides investors access to this opportunity, investing alongside one of Australia’s leading property groups.
Multiple Capital’s Approach
Measured approach to risk / return
The banks adopt a “box-ticking” approach to credit assessment
Our approach will be to take carefully assessed risks that are appropriately remunerated.
Preservation of capital is central to our investment and loan management processes
The governance and management arrangements have been designed to ensure Multiple Capital is focused on investors
Timeliness is a key competitive advantage
The support provided by Mulpha enhances our ability to move quickly to capture opportunities
Mulpha and the management team co-invest alongside investors.
The Board and Management Team are all very experienced in the Property and Debt Markets.
Strong property expertise
Adds real value through intelligence into the state of the property market. These insights shape risk appetite and pricing.
Full property sector capabilities are available to Multiple Capital in assessing property and project delivery risks and working through any non-performance situations.
Confidence and certainty
Multiple Capital provides confidence and certainty that risks are properly assessed and the loans are well managed and maintained.
Drawing on Mulpha capabilities, Multiple Capital has the capacity to manage non-performing projects and loans so as to protect investor capital
Existing loan pipeline and debt market insights
Multiple Capital has access to a rolling pipeline of over AUD200m of investment opportunities.
The management team has access to excellent intelligence on the state of the debt funding market.