The goal for this opportunity is to finance the working capital of the Sponsor for developing a real estate project on the newly acquired land plot, in a total amount of EUR 308,100. The loan will be structured as a mortgage secured loan. The land plot is located at 1A, Calea Fagarasului, Brasov, Brasov County, Romania. This land will be used for the development of a future residential project of ~380  apartments and a total of ~770 underground and aboveground parking space. The first tranche of EUR 691,900 was raised in July-August 2021 and fully used for land acquisition. This current investment opportunity is the 2nd tranche of the project.  The main source of reimbursement will be the sale of other land plots situated in Brasov City and owned by the Sponsor (Tribeach group). Alternative sources of reimbursement can be:- refinancing from one of the local banks operating in Romania; - the sale of ongoing residential projects developed by the Sponsor (Tribeach group) in Poland (2 ongoing projects in Krakow) and the United States (1 project in New York).The investment tenor for this tranche is up to 17 months. The interest rate is 14% p.a. and it will be paid in monthly instalments. The Sponsor undertakes to repay the principal of the loan before the end of the loan period. The loan will be secured with a 2nd rank mortgage on the land. The land has been evaluated for EUR 3,183,200 by Colliers International, therefore the LTV after this 2nd tranche is 32%.

Real estate investment opportunity in Romania for working capital financing offering 14% annual interest rate.

Investment opportunity | Calea Fagarasului 1A

The goal for this opportunity is to finance the working capital of the Sponsor for developing a real estate project on the newly acquired land plot, in a total amount of EUR 308,100. The loan will be structured as a mortgage secured loan. The land plot is located at 1A, Calea Fagarasului, Brasov, Brasov County, Romania. This land will be used for the development of a future residential project of ~380  apartments and a total of ~770 underground and aboveground parking space. The first tranche of EUR 691,900 was raised in July-August 2021 and fully used for land acquisition. This current investment opportunity is the 2nd tranche of the project. The main source of reimbursement will be the sale of other land plots situated in Brasov City and owned by the Sponsor (Tribeach group). Alternative sources of reimbursement can be:- refinancing from one of the local banks operating in Romania; - the sale of ongoing residential projects developed by the Sponsor (Tribeach group) in Poland (2 ongoing projects in Krakow) and the United States (1 project in New York).The investment tenor for this tranche is up to 17 months. The interest rate is 14% p.a. and it will be paid in monthly instalments. The Sponsor undertakes to repay the principal of the loan before the end of the loan period. The loan will be secured with a 2nd rank mortgage on the land. The land has been evaluated for EUR 3,183,200 by Colliers International, therefore the LTV after this 2nd tranche is 32%.

Investment opportunity | Calea Fagarasului 1A, Brasov, Romania (II)

The goal for this opportunity is to finance the working capital of the Sponsor for developing a real estate project on the newly acquired land plot, in a total amount of EUR 308,100. The loan will be structured as a mortgage secured loan. The land plot is located at 1A, Calea Fagarasului, Brasov, Brasov County, Romania. This land will be used for the development of a future residential project of ~380  apartments and a total of ~770 underground and aboveground parking space. The first tranche of EUR 691,900 was raised in July-August 2021 and fully used for land acquisition. This current investment opportunity is the 2nd tranche of the project.  The main source of reimbursement will be the sale of other land plots situated in Brasov City and owned by the Sponsor (Tribeach group). Alternative sources of reimbursement can be:- refinancing from one of the local banks operating in Romania; - the sale of ongoing residential projects developed by the Sponsor (Tribeach group) in Poland (2 ongoing projects in Krakow) and the United States (1 project in New York).The investment tenor for this tranche is up to 17 months. The interest rate is 14% p.a. and it will be paid in monthly instalments. The Sponsor undertakes to repay the principal of the loan before the end of the loan period. The loan will be secured with a 2nd rank mortgage on the land. The land has been evaluated for EUR 3,183,200 by Colliers International, therefore the LTV after this 2nd tranche is 32%.

Käesoleva investeerimisvõimaluse eesmärk on finantseerida aadressil 1A, Calea Fagarasului, Brasov, Brasov County, Rumeenia asuva kinnistu käibekapitali rahastamist summas 308 100 eurot. Antud kinnistule on plaan tulevikus ehitada 380 korterit ja kokku 770 parkimiskohta. Tegemist on antud projekti teise rahastusvooruga. Esimese rahastusvooru suuruseks oli 691 900 eurot ja see voor algas 2021. aasta juulis. Laenu tagasimakse allikaks on Sponsori teiste kinnistute müük Alternatiivseks tagasimakse allikaks võivad olla ka: - Rumeenia kohaliku panga poolne laenu refinantseerimine; - Sponsori poolt arendatavate elamuprojektide müük Poolas (2 projekti Krakowis) ja USAs (1 projekt New Yorkis); Investeerimisperioodi pikkuseks on 17 kuud. Intressimäär on 14% aastas ja intressimakseid tehtakse igakuiselt. Sponsor tagab, et põhiosa maksed tehtakse enne laenuperioodi lõppu. Laen on tagatud teise järgu hüpoteegiga kinnistule. Hindamisakti kohaselt on kinnistu väärtuseks 3 183 200 eurot. Hindamisakt on tehtud Colliers Internationali poolt. Seega on käesoleva (tegemist on ka ainsa) rahastamisvooru LTV 32%.

The goal for this opportunity is to finance the working capital of the Sponsor for developing a real estate project on the newly acquired land plot, in a total amount of EUR 308,100. The loan will be structured as a mortgage secured loan. The land plot is located at 1A, Calea Fagarasului, Brasov, Brasov County, Romania. This land will be used for the development of a future residential project of ~380  apartments and a total of ~770 underground and aboveground parking space. The first tranche of EUR 691,900 was raised in July-August 2021 and fully used for land acquisition. This current investment opportunity is the 2nd tranche of the project.  The main source of reimbursement will be the sale of other land plots situated in Brasov City and owned by the Sponsor (Tribeach group). Alternative sources of reimbursement can be:- refinancing from one of the local banks operating in Romania; - the sale of ongoing residential projects developed by the Sponsor (Tribeach group) in Poland (2 ongoing projects in Krakow) and the United States (1 project in New York).The investment tenor for this tranche is up to 17 months. The interest rate is 14% p.a. and it will be paid in monthly instalments. The Sponsor undertakes to repay the principal of the loan before the end of the loan period. The loan will be secured with a 2nd rank mortgage on the land. The land has been evaluated for EUR 3,183,200 by Colliers International, therefore the LTV after this 2nd tranche is 32%.

Scopul acestei oportunitati este finantarea capitalului de lucru al Sponsorului, pentru dezvoltarea unui proiect imobiliar pe terenul nou achizitionat,  în valoare totala de 308.100 Euro. Imprumutul va fi structurat ca un credit ipotecar garantat. Terenul este situat în Brasov, Calea Fagarasului, nr. 1A, Jud. Brasov, Romania. Acest teren va fi utilizat pentru dezvoltarea unui proiect rezidential compus din ~380 apartamente si un total de ~770 locuri de parcare subterane si supraterane. Prima transa de EUR 691,900 a fost finantata in Iulie-August 2021 si a fost folosita integral pentru achizitia lotului de teren. Aceasta este a doua transa a proiectului. Principala sursa de rambursare va fi vânzarea altor terenuri situate în orașul Brașov, terenuri deținute de Sponsor (respectiv firme din grupul de companii - Tribeach). Surse alternative de rambursare pot fi:- refinantare de la una dintre băncile locale care operează în România;                                                                                                                            - vanzarea proiectelor rezidentiale aflate în desfășurare și dezvoltate de către Sponsor (respectiv firme din grupul de companii - Tribeach) in tari, precum Polonia (2 proiecte aflate în desfășurare în Cracovia) si Statele Unite ale Americii (1 proiect in in New York);Durata investiției pentru aceasta transa este de pana la 17 luni . Rata dobanzii este de 14% pe an si va fi plătita in rate lunare. Sponsorul se angajeaza sa ramburseze principalul imprumutului înainte de sfârșitul perioadei de finanțare. Împrumutul va fi garantat cu ipoteca de rangul II asupra terenului. Terenul a fost evaluat  pentru suma de 3,183,200 Euro de catre firma de evaluare Colliers International,  prin urmare LTV-ul dupa aceasta a 2a tranșă va fi de 32%.

Romania

Euro

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Calea Fagarasului 1A, Brasov (II)

Adrian Stroie

97.029% Shareholders of Tribeach Holding LLC are Adrian Stroie - 33%.33, William Fegan - 33.33% and James Mooney - 33.33%

Rahastuseesmärk:	€ 308100
Oodatav tootlus:	14 % aastas
Investeerimisperiood:	20 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Calea Fagarasului 1A, Brasov (II)

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