|Location||London, United Kingdom|
|Duration of Loan||6 Months|
|Payment Schedule||Monthly Interest Payment|
|Asset Type||Student Housing|
|Completion Time||7 Days|
- A developer, in the midst of selling his property, needed funds urgently to complete the purchase of another property.
- Rikvin Capital was approached by the developer to provide financing until the sale could be completed.
- After completing our due diligence on the property, Rikvin Capital conducted a valuation, had legal agreements drafted and money disbursed within 7 days.
- Once the sale was completed and funds returned, the charge on the property was released.