Asturias · Residential refurbishment
A construction company obtained funding to refurbish a building with nine homes, using the properties as collateral. The facility had a term of up to 24 months. Five months after completion, the company repaid the loan through refinancing.
Record in preparation. Available information is preserved and missing details are marked for completion.
Tell us about your project ↗
THE TRANSACTION IN FIGURES
The project at a glance.
- Funding
- 479,815 €
- Collateral value
- 1,526,798 €
- LTV
- 31.4 %
- Term
- Up to 24 months; repaid after 5 months
- Collateral
- Building with nine homes
- Location
- Asturias
- Profile
- Sociedad constructora
- Purpose
- Rehabilitación de edificio residencial
- Area / capacity
- To be confirmed
- Days to completion
- To be confirmed
- Exit
- Refinancing (completed)
- Status
- Repaid
LTV = funding / collateral value. Where available, days are counted from receipt of complete documents.
CONTEXT AND PROGRESS
The starting point
To be completed with information about the project.
The structure
A construction company obtained funding to refurbish a building with nine homes, using the properties as collateral. The facility had a term of up to 24 months. Five months after completion, the company repaid the loan through refinancing.
The outcome
Refinancing (completed)
YOUR NEXT PROJECT
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