DebtResidential - Appartments
Target € 205,000
Minimum Amount € 205,000
Minimum Investment € 50
€ 205,000 raised, 100%
100.0% Complete (success)

Tallinna mnt bridge loan

  • The loan will be used for refinancing previous EstateGuru loans and for completing the construction works
  • As a loan collateral, the company offers nine apartment ownerships in the city of Pärnu, at Tallinn motorway.
  • EstateGuru security agent will have the 1. rank mortgage on behalf of the lenders
  • The loan will be repaid from the company's income of the sale of the apartments within 12 months period.
  • LTV (loan to value) ratio is 57%
  • Member of the board of the borrower will provide a personal guarantee in full mortgage amount.
Interest Rate 11.0%
investments.main.credit.rating NOT_DEFINED
Loan Period12M
LTV 57.0 %
Expires Funded
Investors759
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