Funds manager Trilogy is racing to restart work on an apartment project it is funding in Gosford after the original contractor went into liquidation, pushing back completion of the eight-level project at least to August – two months after the sunset clause date allowing buyers to exit.

Trilogy, which has an outstanding loan to developer Cove $8.2 million for the Vista project in the NSW central coast town, said it expected work would resume on the 8-10 Moore Street site next week, almost three months after builder Alpine Projects Australia went into liquidation in mid-September.