Under this scenario, the land owner and MPE enter into a property purchase agreement. This gives MPE the security required to invest significant funds to subdivide the land. Once the land is subdivided, MPE – or another entity – purchases the land from the seller.
When the land is sold, the land owner gets paid i.e. no waiting ~12 months for the development to be completed and dwellings sold.
Once the land is purchased, the site is developed by MPE undertaking all the steps for you.
In this scenario, the land owner provides the land to the project whilst MPE provides the funds, knowledge and time required to complete the development.