Bridge financing

Bridge financing up to the construction loan release of the senior bank for CHF 12.0 million to finance the construction costs of a project development, secured by an apartment building under construction in central Switzerland.

• Loan amount: CHF 12.0 million.
• Purpose: Bridge financing to finance the construction costs until the construction loan is released by the senior bank
• Property type: Apartment building (under construction)
• Region: Central Switzerland
• LTV: 70%
• Term: 6 months

Location:

Zentralschweiz

Property category:

Apartment