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Tag: Debt project

New debt project in Madrid with 30% return!

This week we are launching a new debt project in Madrid, which we will open for financing next Tuesday, April 30th at 4 p.m.
Project El Olivo is located north of the municipality of Colmenar Viejo, an area in full expansion with a population of 49,500 inhabitants and fully consolidated with all kinds of services.
For this project, we will count on Agruppa Homes, a real estate development company focused on high-quality residential projects in good locations in the Community of Madrid.
+65% of the homes reserved
This operation will be structured via debt, where Urbanitae Investors will grant a fixed-rate loan to the asset-owning company.
The developer has secured financing and is in the process of formalizing it with a top-tier banking entity. Additionally, the project has obtained a building permit and a construction contract is finalizing details for signing.
In this video, Diego Bestard and the project developer tell us the key points for investing in this project.

30% return in 24 months
The project has a 30% return over 24 months. In the second quarter of 2024, the loan from Urbanitae investors to the manager is expected to be granted.
Between the second and third quarters of 2026, the completion of construction works and the commercialization of the homes is estimated.
Finally, in the third quarter of 2026, the repayment of the loan granted by Urbanitae investors is expected.
As always, you can reach out to us with any questions about the project at contacto@urbanitae.com or by calling 911 23 25 22.

26 April 2024
Investment opportunity in Malaga: 10.5% return!

This week we are launching a new debt project in Mallorca, which we will open for funding next Friday, March 22th at 12 p.m.
The Las Lagunas de Mijas project is located in Arrabal Parque Lagunas, on the Costa del Sol, and is one of the main destinations in the entire province of Málaga. It boasts large beaches, natural spaces, golf courses, business and industrial complexes, shops, and restaurants. It is an attractive location for both national and high-net-worth foreign visitors.
For this project, we will have Nuovit, a real estate developer and manager specializing in new-build houses and apartments for sale, both under direct promotion and cooperative schemes.
Mortgage guarantee on the property comprising the project
This operation will be structured via debt, where Urbanitae investors will enter the project by granting a loan in a single tranche with a fixed annual interest rate of 10.5%, aimed at financing part of the land acquisition price and the planning and marketing costs incurred until the obtaining of the license and refinancing of the Urbanitae loan. The loan term is 12 months, with an option to extend for 6 months in month 12.
Urbanitae investors’ exit will be: either through bank refinancing through the developer loan, or through equity from a partner (new or existing) or from Urbanitae investors themselves in a capital gain project to be published on the platform in 2025.
In this video, the developer and our CEO, Diego Bestard, explain the details of the Las Lagunas de Mijas project.

10,5% return

The project offers a 10.5% return over 12 months, with the possibility of a 6-month extension.

In the second quarter of 2024, the granting of the loan by Urbanitae investors to the developer and land acquisition is expected.

Between the second quarter of 2024 and the second quarter of 2025, planning and marketing of the project are estimated to obtain the construction license and simultaneously reach the minimum level of pre-sales for the bank’s entry via developer loan.

Finally, in the third quarter of 2025, the entry of the bank or investor partner (including the possibility of Urbanitae investors entering a value appreciation project on the platform) and refinancing of Urbanitae’s loan are expected.

As always, you can reach out to us with any questions about the project at contacto@urbanitae.com or by calling 911 23 25 22.

18 March 2024
Invest in Marbella with a 20% return

This week we are launching an investment opportunity in Marbella, which we will open for funding next Monday, November 27th at 4 p.m.
The Cazorla – Piemonte project involves the development of two assets. On one hand, Casa Cazorla consists of the development of a luxury villa. On the other hand, the Piemonte project involves the development of a luxury single-family home.
Both projects are located in Marbella, Málaga. Specifically, Casa Cazorla is situated in the Lomas del Marbella Club urbanization, and Casa Piemonte is located in the Nueva Andalucía Aloha urbanization.
For this project, we will collaborate with Casas Fintech, a developer with experience in luxury housing development on the Costa del Sol.
Mortgage guarantee on the properties comprising the project
This operation will be structured as debt, where Urbanitae investors will grant a fixed-rate loan of 20% to the asset-owning company. This loan will be used to cover the construction costs of both projects and to remove the burden on the Piemonte project. The total amount of the loan is €7,480,000, of which €2,123,000 will be contributed by Urbanitae investors.
As for the Cazorla project, the land has been acquired free of charges, and the building permit has been requested. In the Piemonte project, the land is owned by the developer, who acquired it with personal funds and a loan granted by Sabadell. The project has been granted a building permit.
Regarding the loan repayment guarantees, the project has a first-ranking real mortgage guarantee on the assets of the Cazorla and Piemonte projects through a collateral agent.

20% return in 24 months
The project has a 20% return over 24 months.
In the fourth quarter of 2023, the loan for tranche A is expected to be granted. Construction is estimated to commence in the first quarter of 2024.
In the second quarter of 2024, the grant of tranche B of the total loan provided by Urbanitae investors is expected, along with the continuation of construction.
During the fourth quarter of 2024, the grant of tranche C of the total loan provided by Urbanitae investors for the completion of construction is anticipated.
Completion of construction is expected in the second quarter of 2025. Finally, in the fourth quarter of 2025, the notarization of the homes and the repayment of the total loan granted by Urbanitae investors are estimated to take place.
As always, you can reach out to us with any questions about the project at contacto@urbanitae.com or by calling (+34) 911 23 25 22.

23 November 2023
Son Vida, loan with an 11% return

This week, we are returning to Mallorca to present a new investment opportunity, which consists of a 12-month loan with an 11% return. This opportunity will open for financing on Tuesday, October 31st at 4 PM.
The Son Vida project is located in Son Vida, a luxury residential area just a 10-minute drive from the city center of Palma. This residential area boasts over 350 mansions with all kinds of amenities.
For this project, we are partnering with a new developer, Panossian C&T, specialized in developing luxury properties in Spain.
Quarterly interest payment
This operation will be structured as a debt, where Urbanitae investors will grant a fixed-rate 12-month loan at 11% to the asset-owning company. This loan will be used to repay the principal of two second and third-ranking loans provided by two alternative funds, as well as to finance the final finishing touches of the villa.
The project has obtained the First Occupancy License, and the construction is nearly completed, pending the final finishing touches.
The exit for Urbanitae investors will occur through the sale of the property. The loan term is 12 months, with an option to extend for 6 months. Additionally, interest payments will be made quarterly (corresponding to natural quarters).
In this video, Varant Panossian, CEO of Panossian C&T, and Diego Bestard, CEO of Urbanitae, explain the project’s key points.

11% return in 12 months
The project offers an 11% return over 12 months. In the fourth quarter of 2023, Urbanitae investors are expected to grant the loan to the manager and refinance the second and third-ranking debts.
During the first quarter of 2024, the final finishing touches of the property are anticipated to be completed.
Finally, in the fourth quarter of 2024, the villa is expected to be sold, and the loan granted by Urbanitae investors will be repaid.
As always, you can reach out to us with any questions about the project at contacto@urbanitae.com or by calling 911 23 25 22.

27 October 2023
Invest in Madrid with a 13% return

This week, we are launching a new debt project in Madrid, which we will open for financing on Friday, October 27th at 12:00 PM.

The Islas Medas project is a residential project consisting of 46 multifamily homes located in Ensanche de Vallecas, a new neighborhood in Madrid with a current population of 54,000 residents. It is well-connected to other districts in Madrid and offers a wide range of social, medical, and commercial amenities.

For this project, we are partnering with Gestilar, a company with extensive experience, with whom we have previously financed two other projects in Madrid and Cordoba.

57% of the construction completed and nearly 20% of the homes reserved

This transaction will be structured as a debt investment, where Urbanitae investors will provide a fixed-rate loan at 13% to the owning entity of the asset. This loan will be used to finance the remaining work on the project, which is currently at 57% completion, and cover the remaining expenses associated with the project’s development and the subsequent delivery of the homes.

Gestilar retains the option to extend the loan after 6 months from month 12, contingent on demonstrating a 95% completion rate and 60% of the homes being sold. An additional 6-month extension can be considered starting from month 18, provided that the manager can show they have obtained the Building License (LPO) and the project is sold to 85%.

Urbanitae investors will exit their investment through the sale of the homes, of which nearly 20% are already reserved.

In this video, Raúl Guerrero, CEO of the Gestilar Group, and Diego Bestard, CEO of Urbanitae, explain the key aspects of the project.

13% return in 12 months

The project offers a 13% return in 12 months. In the fourth quarter of 2023, we anticipate the loan approval from Urbanitae investors to the manager.

Between the first and third quarters of 2024, the completion of construction and the marketing of the homes is estimated.

Finally, in the fourth quarter of 2024, we expect the repayment of the loan provided by Urbanitae investors.

As always, you can reach out to us with any questions about the project at contacto@urbanitae.com or by calling 911 23 25 22.

25 October 2023
New debt project in Mallorca with a 12% return!

This week, we are launching a new debt project in Mallorca, which will open for financing on Tuesday, October 24th at 4 p.m.
The Andratx project is located in the high area of the Port of Andratx, one of the most touristy spots on the island of Mallorca, thanks to its location surrounded by clear water coves and its highly regarded marina.
For this project, we have partnered with Dmarchee, who has over 35 years of experience and has delivered more than 2,000 properties.
Mortgage guarantee on the property that makes up the project
This operation will be structured as debt, where Urbanitae investors will provide a fixed-rate loan of 12% to the owning company of the asset. This loan will be used for refinancing 100% of the principal of a loan granted by an alternative debt fund that currently encumbers the asset, as well as to finance the final finishes of the property.
Dmarchee is waiting to receive the Final Certificate of Works (CFO) and subsequently, the granting of the License for First Occupation (LPO) from the municipality.
The exit for Urbanitae investors will be through the sale of the property.
In this video, Gabriel Lasa, CEO of Perisa, and Diego Bestard, CEO of Urbanitae, explain the key details of the project.

12% return in 12 months
The project offers a 12% return in 12 months. In the fourth quarter of 2023, the loan is expected to be granted by Urbanitae investors to the manager and the existing debt will be refinanced.
During the first quarter of 2024, the completion of property finishes is estimated.
Finally, in the fourth quarter of 2024, the sale of the villa and repayment of the loan granted by Urbanitae investors is expected.
As always, you can reach out to us with any questions about the project at contacto@urbanitae.com or by calling 911 23 25 22.

20 October 2023