Solido Capital Raises $800K Investment

Solido Capital, a specialized capital partner for residential developers, has successfully raised $800,000 in a new funding round from investors. This injection of capital is set to bolster the firm's capacity to support property development projects across Australia's major metropolitan areas. The funding underscores investor confidence in Solido Capital's established business model and its consistent role in the residential property sector. Established in 2016, Solido Capital primarily offers debt funds secured via first registered mortgages to residential developers in Greater Sydney, Greater Melbourne, South East Queensland, and Greater Adelaide. The company provides a range of property loans, including acquisition, refinance, equity release, and residual stock, alongside construction and development loans. Since its inception, Solido has invested over $775 million in various development projects, ranging from small duplexes to large apartment complexes, demonstrating a consistent track record with preferred developer partners. The newly secured $800,000 will be strategically deployed to support Solido Capital's continued expansion and operational growth initiatives. This capital will enable the firm to enhance its lending capabilities, allowing it to provide essential financial backing for a greater number of residential developments. Solido Capital also leverages its significant balance sheet and collaborates with wholesale, family office, and institutional investors to offer comprehensive funding solutions across the capital stack, including subordinated debt and equity on a case-by-case basis. This latest funding round positions Solido Capital to further strengthen its market presence and reinforce its commitment as a key financial facilitator for the residential property development industry. The company plans to leverage this investment to broaden its reach and deepen its engagement with developer partners, anticipating sustained growth in its portfolio and impact within the sector.