Published
  • Deadline
    30.09.2021
  • Start of investment period
    01.01.1970
  • Start time
    03.09.2021 12:15
  • Asset class
    Industrial
  • Investment type
    Development
  • Investment end date
    30.09.2022
  • Remaining term
    12 months
  • Expected rate of return
    10% p.a.
  • Expected cash yield
    %
  • No of investors
    329
  • Goal
    €340 000

Executive summary

With this investment opportunity, the Crowdestate investors have the opportunity to invest in a mortgage secured bridge loan in the amount of EUR 340,000.

The purpose of the loan is to provide operating capital for a well established construction company in Bratislava, Slovakia, Dekos Bratislava s.r.o. The Sponsor will use these funds to start new construction project in Bratislava. 

The loan will be secured with a 1st. rank mortgage on the Dekos Bratislava’s property. The property is industrial real estate the Sponsor uses for its operations. The market value of the property is EUR 560,000. The loan-to-value ratio (LTV) of this project is 60%.

The Sponsor is committed to pay 10% yearly interest. There are no periodic interest payments.

This is a short-term investment opportunity. The principal and interest payments will be made as a bullet payment at the end of the 12-month loan period.

The loan will be repaid from the sponsor's operating revenues, from refinancing or from sales of the property.

Crowdestate

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