L. Koidula 32, 10150 Tallinn (V)
Mortgage-backed short term loan
Exited
- Deadline12.08.2020
- Start of investment period12.08.2020
- Start time06.08.2020 10:30
- Asset classResidential
- Investment typeDevelopment
- Investment end date23.08.2021
- Remaining termOverdue 90+ days
- Expected rate of return10.3% p.a.
- Expected cash yield%
- No of investors825
- Goal€400 000
Executive summary
With this project the Sponsor aims to raise 400,000 euros against first mortgage on Koidula Street 32 immovable in order to release capital for financing other developments.
This senior loan offers Crowdestate investors a short-term investment opportunity with the term of 12 months at 10.3% annual interest rate
The senior loan is secured by a first lien mortgage on a prime 32 L. Koidula Street residential property in Tallinn, Estonia.
