Centuria Bass Credit

What Centuria Bass Credit does

Centuria Bass Credit is a Sydney-headquartered non-bank real estate credit manager that originates and arranges short-term senior-secured loans primarily to mid-sized Australian and New Zealand property developers and investors. Founded in 2016 as Bass Capital and rebranded following Centuria Capital Group's majority acquisition in 2021, the firm completed a transition to full Centuria ownership in February 2026. It manages approximately $2.5 billion in assets across 196 loan facilities, with 92% of facilities backed by first mortgage real estate security.

The firm's product architecture comprises three pillars: the Bass Property Credit Fund (BPCF), a diversified pooled credit fund targeting RBA Cash Rate plus 4.75%; the Centuria Bass Credit Fund (CBCF), a dedicated first mortgage portfolio fund targeting RBA Cash Rate plus 4.0%; and Single-Asset Deal Investments, which offer concentrated direct exposure for wholesale clients. Lending deal sizes range from $5 million to $150 million, sitting in the mid-market segment that is typically underserved by major banks. Operational footprint spans Sydney headquarters plus regional offices in Melbourne and Adelaide, supporting origination, credit assessment and asset management across Australia's eastern seaboard and New Zealand.

The business generates revenue through three distinct streams: upfront loan origination and arrangement fees at deal close, recurring fund administration and management fees of approximately 0.5% per annum on pooled fund AUM, and performance/incentive fees linked to returns above defined hurdles. Its investor base is wholesale, comprising high-net-worth individuals, family offices and institutional clients, while its borrower base is concentrated in mid-sized property developers requiring fast, relationship-driven senior debt execution outside major-bank timelines. Distribution is materially enhanced by Centuria Capital Group's broader investor platform.

Name

Centuria Bass Credit

Legal name

Centuria Bass Credit Pty Ltd

Website

https://centuriabass.com.au

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Centuria Bass Credit is a Sydney-based non-bank real estate credit manager that originates first mortgage and structured loans of $5M-$150M for mid-sized Australian and New Zealand property developers, managing $2.5 billion in assets through two pooled credit funds and direct single-asset mandates for wholesale investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Loan origination and arrangement fees: Fees earned from arranging and structuring real estate finance facilities for borrowers. Typically one-time arrangement fees on facility establishment.
2. Fund management fees: Ongoing management fees from managed funds such as Bass Property Credit Fund (0.5% p.a. admin fee) and Centuria Bass Credit Fund. No entry, exit, or performance fees for BPCF.
3. Performance/incentive fees: Target returns structured as RBA Cash Rate + spread (e.g., +4.75% for BPCF, +4% for CBCF), suggesting performance-oriented fee structures on fund investments.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Centuria Bass Credit is an Australian real estate finance and alternative asset manager that originates and arranges mid-market property loans ranging from $5 million to $150 million, including construction finance, bridge loans, land acquisition facilities, and residual stock facilities. It also manages pooled real estate debt funds (Bass Property Credit Fund and Centuria Bass Credit Fund) for wholesale investors and provides single-asset direct investment opportunities backed primarily by first mortgage security.

Product overview

Centuria Bass Credit is a real estate finance company that operates as a unified platform offering three distinct investment products: the Bass Property Credit Fund (BPCF) for co-investment in diversified secured debt, the Centuria Bass Credit Fund (CBCF) for wholesale investors seeking first-ranking mortgage exposure, and Single-Asset Deal investments for concentrated direct property lending. The company also provides direct lending solutions including construction finance, bridge loans, land acquisition facilities, and residual stock facilities across residential, commercial, industrial, and specialty property sectors, typically ranging from $5m to $150m in value.

Differentiator

Problem solved

Functional benefit

Products and services

• Bass Property Credit Fund (BPCF) A co-investment fund that provides wholesale investors with diversified real estate debt exposure, investing in property-secured loans alongside Centuria Bass Credit shareholders and management. Target IRR: RBA Cash Rate + 4.75% with 0.5% p.a. admin fee, monthly distributions, no entry/exit/performance fees.
• Centuria Bass Credit Fund (CBCF) An unlisted, open-ended property debt fund offered exclusively to wholesale investors, targeting first-ranking commercial real estate mortgage opportunities. Target IRR: RBA Cash Rate + 4% p.a., monthly liquidity available, monthly distributions, 100% first mortgage security.
• Single-Asset Deal Investments Direct investment opportunities in specific single-asset real estate debt deals allowing wholesale investors to select concentrated exposures with fixed term, fixed returns, and the ability to perform their own due diligence on the underlying asset. Terms vary per deal.
• Mid-Market Real Estate Lending Bespoke real estate funding facilities ranging from $5 million to $150 million for mid-market developers, investors, and entrepreneurs across residential, commercial, retail, industrial, and specialty property sectors. Includes construction finance, bridge loans, land acquisition facilities, and residual stock facilities.

Quantifiable outcome

• 11x AUM growth from $210m (June 2021) to $2.3bn (June 2025)
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• ResetDataminorStrategic or Co-development Partner · 1 August 2024Joint venture for Australia's first public sovereign AI Factory. Centuria and ResetData increasing GPU capacity based on customer demand. Centuria holds Cloud Partner status with NVIDIA and Titanium Partner status with Dell.
• BoardRoom Pty LimitedminorImplementation/ SI/ Consulting PartnerInvestor registry and fund administration outsourced to BoardRoom. Investors directed to BoardRoom for registry enquiries, statements, and administrative services.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Facebookfacebook.com/CenturiaBass
• LinkedInlinkedin.com/company/centuriabasscredit

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Centuria Bass Credit