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Project update

Broken Coast

February 25, 2021

Update from the originator:

The originator would like to inform the investors that  Mountain View Real Estate (MVRE) has proceeded to the early amortization and has made the payment of interest and return of the principal corresponding to the Broken Coast project.

The promoter has made the return of the investment plus the payment of interest 4 months and 2 weeks in advance of the forecast (it was scheduled for June 8, 2021).

The originator reminds investors of the details of the project:

Fixed interest loan 6.11% return real final vs 7.5% expected return

Real Annual Return 13.75% vs 10% expected

Payment frequency at maturity

Project term 4 months and 2 weeks (completed 4 months and 2 weeks in advance)


December 22, 2020

Update from the originator:

The promoting company has acquired the property, the building license was issued and the management group is negotiating with financial institutions the financing of the established cooperative.

The project meets the planned schedule.


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