Rikvin Capital provided a property loan to UK developers for the purchase and renovation of a shophouse in London. With the loan, the developers were able to acquire the property at a favorable price and carry out necessary upgrades to increase its value. The loan enabled the developers to make their project a reality, adding to their portfolio of successful real estate investments. Rikvin Capital’s flexible and efficient funding solution helped the developers achieve their goals and grow their business in the competitive London property market.
Location | London, United Kingdom |
Market Value | £5,500,000 |
Loan Amount | £3,300,000 |
Loan-to-Value | 60% |
Duration of Loan | 12 Months |
Payment Schedule | Rolled Up Interest Payment |
Asset Type | Shophouse with Commercial and Residential units |
Completion Time | 1 week |