This strategy focuses on the provision of first mortgage loans, backed by Australian property. There are many different factors that go into measuring the risk of a transaction, however for like-for-like loans a common measure is what is known as a Loan-To-Value Ratio (LVR); the lower the ratio the more secure the investment.
Dorado will assess many aspects of a development to determine an appropriate LVR for that specific loan; generally speaking a first mortgage loan LVR will range between 45% and 65%. First Mortgage investments will typically have 6 - 12 month terms, and generate returns of between 8% and 10% p.a., depending on the loan.
 
 
This strategy focuses on the provision of subordinate debt and structured equity investments to development projects in Australia. These investments are considered higher risk than a first mortgage investment, as its rights and security are generally subordinated to those of the first mortgage lender, with the LVR ranging up to 75-80%.
These types of investments will typically run over 12 - 24 months, and generate returns of between 14% and 25% p.a., depending on the security package and LVR of the investment.
 
 
This strategy focuses on acquiring undervalued property in strategic locations around Australia. The Direct Investment team place a strong emphasis on downside protection and superior management of assets to deliver strong absolute returns through a combination of income and capital growth.
Dorado invests across the spectrum from core strategies (low risk-profile with long duration, secure cash flows) to value-add (higher risk with the potential to generate outsized returns through active management including refurbishment, re-leasing and change of use). Direct investments typically run over 5 - 7 years, and generate returns of 10% - 15% p.a.
 
 

REQUEST MORE INFORMATION

Every Dorado investment is backed by extensive due diligence conducted by our highly skilled team.
If you would like more information about any of our investment strategies, please send through a request here, or contact Peter Packer.

 
 
 

REQUEST DETAILED DOCUMENTATION

Every Dorado investment is backed by extensive due diligence conducted by our highly skilled team.
For a full overview of this due diligence process, or Dorado's investment track record, please send through a request here, or contact Peter Packer.