This is the third project Loftus, Elektrėnų g., Round of financing. Loan purpose - administrative premises converted into apartments. The project is to repair permit, work has been started.

The developer has acquired two sets of administrative facilities at Elektrėnų g. 8N, Kaunas. In these premises to start 116 Lofts / Furnishings: Fully furnished, they will be leased, and the developer has already installed 35 lofts/flats in other premises at the same address, which will cover the cost of the loan.

Assets pledged to protect the interests of investors at Elektrenai str. 8n, Kaunas: two administrative premises with a total area of ​​3,810 sq. M. m and 35 equipped with 14-40 sq. m. m of apartments with a total area of ​​794 sq. m. m. Mortgages have a maturity of 100%.

Investors at all stages will be mortgaged with a primary mortgage.

The borrower will be entitled to additional borrowings at other stages, provided the LTV does not exceed 55%. At this stage, the loan-to-value ratio (LTV) is 14%.

We plan to collect the amount within 7 days, with the option to extend it to 21 days. without raising funds.

NAME OF THE PROJECT

Lofts, Elektrenai st. III

PROJECT CONSTRUCTION PERMIT NUMBER

LIPR-21-170420-00035

ADDRESS OF THE PROJECT

Elektrenai st. 8N - 101; 201;

BUILDING MATERIAL

Masonry

NUMBER OF FLOORS OF THE OBJECT (BUILDING)

4

DESCRIPTION OF THE PROJECT SITE

Everything you need for a comfortable life is located around the project you are developing. There are several schools, kindergartens, a supermarket, a sports complex, a market, a clinic, a pharmacy, cafes, banks, a university and other service points that are important to the modern man.

REPAIR / CONSTRUCTION DESCRIPTION (DETAIL)

Currently, the project is installing partition walls, engineering.