This proved successful, however the developer was faced with the requirement to contribute further equity to proceed. This was difficult considering previous communications to the equity syndicate, however, the developer was keen to progress the larger development approval.

Dorado promptly provided the required funding shortfall in the form of preference equity with a modest underlying fixed return, and then a profit share component once the existing equity was paid to the same return. This solution allowed the developer to benefit from managing a larger project and the equity shared in a larger profit margin.