Zak Fennell
Head of Investments
Zak heads up our Origination & Execution team and works with borrowers to fund exciting real estate projects, sharing his deep market expertise along the way.
He joined Ark Capital after spending nearly 15 years in commercial real estate finance. His wealth of experience encompasses project and structured finance, investment risk analysis, loan origination and investment management. He’s held senior property finance roles at both ANZ and Westpac Bank and was a director in the investment division at MaxCap Group before joining Ark Capital.
Zak Fennell
Zak heads up our Origination & Execution team and works with borrowers to fund exciting real estate projects, sharing his deep market expertise along the way.
He joined Ark Capital after spending nearly 15 years in commercial real estate finance. His wealth of experience encompasses project and structured finance, investment risk analysis, loan origination and investment management. He’s held senior property finance roles at both ANZ and Westpac Bank and was a director in the investment division at MaxCap Group before joining Ark Capital.
Investment Updates: June 2026
July 1, 2026
0 Comments16 Minutes
In Thornleigh NSW, the project is nearing practical completion, with a targeted opening date of 23 June 2026. The asset is expected to be marketed…
Investment Updates: May 2026
June 1, 2026
0 Comments16 Minutes
In Burpengary, bulk earthworks are complete, with retaining walls, sewer, stormwater, and roadworks all well progressed toward completion.
Investment Updates: April 2026
April 29, 2026
0 Comments16 Minutes
In North Beach SA, civil works continue to progress on site. Services and pits are well progressed, kerbing is being laid, and some house pads have…
Why Horizontal Development Matters in a Volatile Market
April 8, 2026
0 Comments15 Minutes
Time is one of the most underestimated risks in development. The longer a project runs, the greater its exposure to shifting costs, labour…
Investment Updates: March 2026
March 27, 2026
0 Comments14 Minutes
In Shepparton North, VIC settlements continue to occur within the residual stock facilities.
Investment Updates: February 2026
March 2, 2026
0 Comments11 Minutes
In Mount Rascal, QLD, Civil works have commenced and marketing of the lots is forecast to commence by the end of next month.
WA Residential Development: Structural Growth Drivers
February 18, 2026
0 Comments7 Minutes
Western Australia is no longer a cyclical outlier within the Australian economy. It has transitioned into a more structurally balanced state,…
Why Ark Is Deploying Capital Into Adelaide. The Beds and Sheds Thesis
February 3, 2026
0 Comments6 Minutes
Our current focus in South Australia is clear. Residential and Industrial subdivision and built form. Beds and sheds.
Investment Updates: January 2026
February 2, 2026
0 Comments9 Minutes
In Athol Park SA, preparations of construction commencement are underway following receipt of the development approval.
Investment Updates: November 2025
November 26, 2025
0 Comments10 Minutes
In Cowaramup, the borrower is finalising the detailed design and civil works contract to progress the project into construction.
Investment Updates: October 2025
October 29, 2025
0 Comments9 Minutes
In Shepparton North, the new combined Stage 1 and 2 residual stock facility reached financial close during the month.
Investment Updates: September 2025
September 30, 2025
0 Comments10 Minutes
In Cowaramup Western Australia, the facility has been refinanced for six months to finalise design and execute the Wormall civil works contract.











