Phone: 1300 121 653

Level 1, 179 Mary Street

Brisbane, QLD, 4000

Clare Asset Management is a highly experienced team of professionals with a proven track record of identifying, structuring and financing investment opportunities in the Australian real estate sector.

Clare Asset Management

We are an Australian Fund Manager specialising in residential real estate opportunities. We raise money directly from wholesale investors in a series of stand-alone investment trusts and are dedicated to the identification, investigation and origination of investment opportunities within the Australian real estate sector.

Clare Asset Management holds an Australian Financial Services Licence (no. 431183) and is the manager of special purpose unit trusts (the “Investment Trusts”) which have been established for specific investment opportunities in the Australian residential
real estate sector.

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Our Investment Strategy

Our investment strategy is to provide loan facilities to finance predominantly residential real estate opportunities, with a specific focus on residential developments. In particular, Clare will target opportunities where there is a large market demand for new housing stock, such as the first home buyer market in high growth corridors and regions, or the provision of higher density development in established urban areas.

Typically, the borrowers will be small to mid-sized residential property developers. Clare will carefully assess each borrower and each loan against strict lending criteria, ensuring the loan is suitable for investment purposes. Clare may also invest directly in developments in an equity capacity.

The Target Investment Projects Include

  • For the purchase of property (either unimproved or improved), which is identified for future residential development; and/or
  • For the financing of the development and construction of
a residential development; and/or
  • For short term funding on existing properties of borrowers to assist while they restructure for long term development.

Meet the team

Jim Creagh

Chairman

Jim is an Australian-qualified Solicitor with over 46 years’ experience as a commercial lawyer and private equity investor. Jim co-founded Creagh Weightman Lawyers in 1998, a boutique commercial law firm in Brisbane, having previously been a Senior Partner in law firm Phillips Fox (now DLA Piper). Jim is an experienced company director with a detailed understanding of corporate governance issues. Jim was also a co-founder of the ASX listed Cromwell Group (CMW).

Ross Stiles

Managing Director & Responsible Officer

Ross has been involved in the property and financial services industries for in excess of 40 years. In 1998, Ross was a founding partner and Managing Director of ASX top 200 property investment company, Cromwell Corporation Limited (ASX Code CMW), now known as Cromwell Property Group. Ross is also currently Chairman of CFMG Capital, an investment manager in residential, retail and commercial property markets.

Daniel McGrath

Director

Daniel has extensive experience in senior management positions, having worked as a solicitor for major international law firms Freshfields Bruckhaus Deringer LLP and Shearman & Sterling LLP, representing banks, private equity firms and global corporations. Daniel was also Senior Legal Counsel for Challenger Financial Services Group Ltd (ASX Code: CGF) advising on acquisitions and divestments for the Real Estate and Infrastructure investment teams. Daniel is also currently a Director of Blackstar Capital Group, a global trade finance specialist, and Arkistruct Pty Ltd, a prefabricated housing manufacturer and construction company.

David Usasz

Director

David has 41 years’ experience in business in Australia and Hong Kong, including over 20 years as a partner of PwC (and its predecessor organisations).  He has been involved in tax, mergers and acquisition advice, and corporate advisory consultancy specialising in corporate reorganisations. He is currently Non-Executive Chairman of Peacefield Group and the Australian representative for the Fengate Canadian Investment Group for some of its Australian investments. In the past three years, David has held the position of Chairman of ASX-listed entities, Cromwell Group, GARDA Diversified Property Fund and GARDA Capital Group.  David was also a Non-Executive Director of Queensland Investment Corporation (QIC). David is the Deputy Chairman of Smiles Inclusive Ltd, listed on the ASX.

Jonathon Palethorpe

Responsible Officer

Jonathon is a member of the Institute of Chartered Accountants with a strong background in Real Estate Funds Management having worked as a Fund Manager and Financial Controller for Cromwell Limited and the Trinity Property Trust.

David Anderson

Development Manager

David holds a Bachelor of Arts and Bachelor of Laws. He has practiced as a lawyer for 10 years in the areas of conveyancing, business and mortgage law.

Gillian Bail

Project Sales & Marketing

Gillian has worked in the property development, construction and real estate marketing sectors for more than 20 years. She has developed boutique residential apartment buildings and delivered medium density townhouse projects.

Linda Grubb

Financial Controller

Linda holds a Bachelor of Business (Accounting) from Monash University in Victoria, and is a qualified CPA.

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Download our brochure

Download our corporate brochure to find out more about our investment strategy and our experienced Board and Executive Management Team.

Contact Us

Phone: 1300 121 653

Level 1, 179 Mary Street

Brisbane, QLD, 4000