The investment company Linus will receive early repayment of a whole loan of almost 10 million euros.
The investment company Linus will receive early repayment of a whole loan of almost 10 million euros. The purchase financing granted in spring 2019 together with an institutional partner was used by the capital taker to make a short-term purchase of a property for a project development in Berlin Oberschöneweide. More than 250 student apartments and a kindergarten are to be built on the site.
"In today's market environment, in which fewer and fewer properties are offered at attractive prices, project developers often have to act quickly and flexibly. This the reason why our investment strategy is increasingly based on whole and bridge loans in addition to traditional mezzanine financing to finance construction costs. Our project development partners primarily use these to purchase properties at short notice. Thanks to our structure, we can offer the project developer absolute transaction security at an early stage. The capital commitment is made within a few days and the funds can be provided at very short notice. As a rule, refinancing then takes place within 12 months. At best, we continue to accompany the project with mezzanine financing.", says David Neuhoff, CEO Linus Capital. In the last nine months, Linus and its investors have jointly awarded whole and bridge loans with a total volume of around 120 million euros. A further 50 million euros are to be invested in this area by the end of July.
Linus is an innovative investment company offering institutional investors as well as experienced investors such as family offices and wealthy private individuals’ access to selected off-market real estate investments. Linus always acts as an anchor investor and secures projects in which selected investors can invest via the online platform www.linus-capital.com
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Phone: +49 6131 930 28 33