Tomares · Residential build-to-sell
Bridge loan for the land purchase of a future residential development in Tomares (Sevilla).
The operation
Tomares, in the Aljarafe, is one of the most sought-after residential municipalities in the Sevilla area. The developer needed to secure the land before starting the development.
The 5.1 million euro bridge loan finances the purchase with security over the land, exiting into the development loan.
3 cases with a comparable structure in other markets.
San Vicente del Raspeig
CompletedResidential build-to-sell
Bridge loan for the land purchase of a future residential development in San Vicente del Raspeig (Alicante).
San Antonio de Benagéber
CompletedResidential build-to-sell
Bridge loan for the land purchase of a future residential development in San Antonio de Benagéber (Valencia).
Valladolid
CompletedResidential build-to-sell
Bridge loan that leverages a residential asset already on the balance sheet to release liquidity.