Deal: Mezzanine - Real Estate - 12 month - 11% net - 430,000 EUR

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Description
Possibility to invest into a mezzanine in the forme of a mini bond. Building is in France, near the Swiss border, composed of 10 units, pre-sold (notary with deposit) at 90%, with 6 units' loan approved. The developer needs 430,000 to close his financing. Private Bond issue for 430,000 EUR for 1 year at 11% net. Senior debt (First lien on the building). The developer has a good track record. Excellent opportunity, full DD done. Complete dossier available upon request
Amount
430k
Assets
Home builder / real estate
Countries
France