In the Waikato we are supporting local developers, Jones Group, in creating a variety of residential properties to help meet the demand driven by Hamilton’s growing population, one of New Zealand’s fastest-growing cities.
Currently, FMT are financing three sites for Jones Group and their related entities:
Reghan and Tristan Jones, the directors of Jones Group, are experienced Waikato developers who have been in the industry for nearly twenty years. They have navigated multiple property cycles and they understand the importance of reliable partnerships.
Reghan says, “We have experienced multiple property cycles and observed funders changing their lending appetite across the market, abruptly withdrawing from New Zealand, pulling funding, and demanding immediate repayment from other developers prior to loan expiry dates. For us, the dependability of our funders is of utmost importance. We see financiers as project partners and key to the success of our projects. This is why we choose to align with FMT, given their reputation and proven track record in the industry.”
Lawrence Russo, who is one of our Business Development Managers in the Waikato, and their key contact at FMT said “They reiterated that we are important to them, we’ve built up a relationship now. They’re being approached by other funders with money and they’re sticking with us.”
Complete this questionnaire to see what type of fund might be the most tax effective for your circumstances. Please note, this is just a guide and we recommend you seek professional tax advice.
Disclaimer – This tool is intended to provide general guidance only. This tool does not take into account your particular financial situation, objectives or goals.
There are alternative strategies which may provide better outcomes, we recommend you seek independent advice before making any investment decision. If you have completed this guide and wish to discuss this, we recommend you seek professional tax advice.