Established just two years and 10 months ago, Lincoln Place is demonstrating the rapid growth typical of the well-funded end of the Land Lease Community sector.
They are now the 10th largest LLC operator and moving up rapidly.
Launched by two ex Mirvac executives, Ben Hindmarsh and Nicholas Collishaw (pictured), they position Lincoln Place as a real estate fund manager ‘specialising in the creation, development, management and operation of active lifestyle retirement communities’.
‘Lincoln Place creates single purpose and diversified investment funds for sophisticated investors providing both project and long term finance through an array of either debt and or equity funds’.
In addition to the Boyuan portfolio, Nicholas Collishaw tells us they are advanced with an LLC in Cessnock with 165 homes, another in Griffith with 129 homes plus 116 homes earmarked for Eden, all in NSW.
They have also just opened a tourism park in the ACT and the Boyuan deal delivers them a tourist park asset in Armidale.
