Financing real estate projects with private debt speed and execution leverage
For property traders, developers, and commercial investors, capital deployment speed dictates the realization of discounted acquisition opportunities. We structure bridge loans, interim acquisition lines, and mezzanine tranches tailored to each asset's value-creation cycle.
Real Estate Private Debt · Property Trader Bridge Loans · Paris
Faced with conservative bank underwriting committee timelines, real estate private credit funds offer 3 to 4-week closing capability and non-amortizing bullet structures crucial for value add plays.
Acquisition Bridge & Interim Facilities
Short-term facilities (12 to 24 months) without intermediate principal amortization to secure distressed or off-market land, execute renovations, and orchestrate divestment.
Mezzanine Debt & Quasi-Equity
Subordinated financing capping sponsor equity injection at 10%-15% of total project costs (Loan-to-Cost up to 85%-90%).
Financial structuring of property trading and development transactions
Appraising open market value and exit liquidity
Every real estate debt file undergoes thorough asset underwriting: location quality, technical building audits, municipal urban planning compliance, permit irrevocability, and exit square-meter pricing versus neighborhood comparables.
We calibrate Loan-to-Value (LTV) and Loan-to-Cost (LTC) metrics to ensure first-lien hypothecary collateral secures full principal repayment even in the event of cyclical real estate market corrections upon disposal.
« In real estate value-add strategies, mastering holding duration and debt flexibility are the two primary drivers of final equity performance. »
Four bespoke real estate debt structures
We advise on acquisition and repositioning operations spanning €1m to over €30m in asset value.
Property Trader Bridge Loan
Non-amortizing bullet funding up to 75% LTV with full repayment grace periods throughout renovation and subdivision works.
Development Mezzanine Debt
Quasi-equity financing complementing senior bank construction credit to complete the capital stack without dilutive equity partners.
Commercial Refinancing & Cash-Out
Unlocking embedded capital gains on leased office, retail, or industrial logistics properties to finance new acquisitions.
Decarbonization & Green Retrofitting
Dedicated credit lines for heavy energy-efficiency retrofits addressing statutory requirements (Tertiary Decree / EPC upgrades).
From purchase contract to disbursement in four phases
Une exécution rythmée par des critères stricts de qualification et de structuration financière.
Real Estate Due Diligence
Thorough review of property title deeds, bilateral preliminary sales agreements, certified contractor budgets, and pre-sales.
Independent Valuation Appraisal
Mandating accredited surveyors (RICS / TEGoVA) to certify current market value and Gross Development Value (GDV).
Real Estate Debt Fund Selection
Competitive selection across specialized private debt funds across France, Luxembourg, and the United Kingdom.
Notarized Closing & Funds Disbursement
Execution of first-ranking notarial mortgage deeds or security trust agreements (fiducie-sûreté) and funds release.
Complementary expertise
Corporate Private Credit
Unitranche and mezzanine corporate debt solutions for growth-stage SMEs and holding companies.
Asset-Backed Lending
Monetize tangible and financial balance-sheet assets to diversify cash liquidity reserves.
Transaction Structuring & Debt
Legal engineering of credit documentation, real security packages, and intercreditor arrangements.