Issue 36 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

READY MEDIA GROUP’S FORAY INTO PROJECT FINANCE THROUGH UNIQUE JV

BY CALLUM HOFLER, READY MEDIA GROUP

INTRODUCING

AMIR BANI Managing Director of Ready Capital

“Match developers and investors with the right finance solution, online and in real-time: that’s what we want to do.”

Ready Media Group have launched Ready Capital – a venture designed to aid property developers and investors arrange tailored financial solutions. The venture is built on a partnership between experienced finance professionals and property technology specialists, led by company CEO Nick Materia, who founded the DevelopmentReady and CommercialReady property portals. At its head sits Managing Director, Amir Bani, who believes that this offering has the capacity to disrupt a proven formula. By offering a boutique service that marries technology with an in-depth knowledge of the financial industry accrued over decades of service in the sector, Ready Capital can provide a full-line capital advisory service that gives options from project conception to completion. When discussing Ready Capital’s unique selling point, Mr. Bani highlights Ready Media Group’s well-established standing in the property world as a respected private outfit. Ready Capital has the power to leverage their relationships and vast network to achieve great results for their clientele. “We’re a relationship-driven business, and we leverage our national presence, collaborations and networks within the property development, finance and investment industry.” Ready Capital are arranging a bevy of services for both development and commercial property. For developments, land finance, senior debt and mezzanine finance options are available, and commercial property services include loans and specialised expertise for specific asset types, amongst others - The full list of offerings shown opposite. For Mr. Bani, it’s the opportunity to simplify an industry that can sometimes prove labyrinthine that excites him. “Using this service, developers and investors can simultaneously seek on-market properties and evaluate finance options within the same ecosystem – the DevelopmentReady and CommercialReady portals.”

Mr. Bani and the rest of the team at Ready Media Group are proud to launch this innovative tool. Property professionals are encouraged to explore the service and discover Ready Capital’s point-of-difference themselves. “We’ve closed the loop to offer a true end-to-end ecosystem for our developer and investor users.” For Mr. Materia, Ready Capital demonstrates how comprehensively Ready Media Group understands the industry’s demands. “With more than seven years in the portal space, we recognise the real-world needs for property developers and investors when obtaining commercial finance,” he states. “The launch of Ready Capital helps streamline and fast-track that process.” “Ready Capital is now embedded into every online listing across both the DevelopmentReady & CommericalReady portals, instantly allowing buyers to obtain and then understand their financial opportunities across each property. This is an Australian first within the commercial portal markets.” The group plans to continue building out technology solutions that further enhance the business and bring the advancements witnessed in other industries into the commercial finance domain.

September / October 2022 – 17

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