Victoria: The State of Distress

Best Hooper
23 July 2024

Valued client,

We cannot ignore the headwinds in the property industry. 

Costs continue to increase. Feasibility is being tested. Financiers are becoming impatient. 

We have seen this before. It is time to be solution focused. Those clients that act first to find solutions are best placed to navigate the current environment.

We know many of our clients are facing real challenges.  Best Hooper has the expertise and experience to guide you through your individual circumstances and assist you with necessary solutions.

Development solutions

• Overcoming permit, endorsement, and authority delays
• Curating the most appropriate consultant team
• Introduction to sale agents 

Joint Venture partners and sale facilitation

• Sourcing a suitable joint venture partner through our extensive client list and network
• Assistance with facilitating a sale
• Negotiation and documentation of joint venture and sale agreements 

Construction solutions

• Introduction to builders and construction firms
• Construction contract re-negotiation
• Contractual dispute resolution
• Navigation of builder solvency
• Program delays 

Finance solutions 

• Guidance in managing workout requirements with your financier
• Introductions to all major banks and non-bank lenders for refinancing
• Solutions for construction and settlement hurdles

We provide property solutions in all stages of the property development cycle, and we are here to support you. Contact one of our Partners

John Cicero
Partner, Planning

(03) 9691 0204
jcicero@besthooper.com.au

Daniel Faigen
Head, Private and Projects Advisory

(03) 9691 0213
dfaigen@besthooper.com.au