The acquisition presented Titan Capital (TC) with a multifaceted challenge. This industrial estate, occupied by multiple tenants, posed many hurdles, amplified by inflationary pressure from the Reserve Bank of Australia (RBA), which raised the cash rate and heightened uncertainty in the leasing market. Additionally, settlement was required by a strict deadline due to a Development Application (DA) lodged for a new development, anticipated to be approved in February.

Finally, an inflated contract price, ageing infrastructure, and the necessity for vacant possession by March 31, 2024, further compounded the situation. However, the team at Titan Capital engineered a solution addressing all these challenges while ensuring adherence to deadlines and more importantly, financial viability.

Remaining consistent and professional in their commitment to a timely settlement, the team at Titan Capital works with new clients every day and has a full comprehension of the consequences of transaction delays. Prioritising timely execution alleviates the stress brokers face in meeting client expectations and transaction deadlines, ultimately benefiting the client by facilitating a smooth and efficient financing process. Despite other lenders opting out, Titan Capital successfully achieved settlement before the deadline, showcasing their ability to engineer unique solutions for unique problems.