Financing for asset acquisition and development of 28 apartments
Loan Amount
€7M
Term
31 months
Leverage Levels
LTV
0%
LTC
0%
LTGDV
0%
LTV
0%
0 100%
LTC
0%
0 100%
LTGDV
0%
0 100%
Purpose
Purchase and conversion of an old office building into 28 residential units
Exit
Refinancing through delivery of the units
Key Points
Location: Madrid centre
Experienced developer
Conservative leverage ratios
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