Access
To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 12
| Criteria | Points |
|---|---|
| mortgage coverage | ∅ |
| optimistic scenario margin | ∅ |
| pre-commercialization | ∅ |
| track record | 🟩 |
| location | 🟩🟩 |
| in the vicinity | 🟩 |
| yield | 🟩🟩 |
| LTA | ∅ |
| LTS | ∅ |
| operator commitment | 🟩 |
| sales price | 🟩 |
| permanent loss | 🟩 |
| late projects | 🟩 |
| price trend | 🟥 |
| urban planning risk | 🟩 |
| debt to equity | 🟩 |
| debt to asset | 🟩 |
This review is proposed by Hélène Mayet on
⚠️ L'analyse détaillée n'est pas diffusée à la demande de ClubFunding.
➡️ Les discussions et votes sur le projet ont lieu sur le club.
⏰ The project starts on 03/07/2024 17h00
⏱ The duration of the project is
💼 Minimum amount to invest is 1000€
🤖 Review's summary
The project involves refinancing with a total amount of €2,400,000. The repayment of capital is in fine, with interests of 1 million euros. It aims to fund a new tranche of equity for a commercial real estate operation in a prime location in Paris 2nd arrondissement.
Despite the positives, there are some concerns such as the lack of interior photos, decreasing prices over the last year, and a low margin in the optimistic scenario. The complexity and realistic duration of the construction works pose additional risks. The loan-to-acquisition and loan-to-sale ratios are high, indicating some financial risk.
The operator's equity ratio is within an acceptable range, but the high loan-to-value ratios raise some flags. The operator's commitment is significant at 24%, and the geopolitical situation in France is stable.
While the Rue de la Paix project on ClubFunding presents an attractive opportunity with a high potential return, the risks associated with limited guarantees, ongoing construction complexities, and high loan-to-value ratios warrant caution. Potential investors should conduct thorough due diligence and consider their risk tolerance before investing.
Given the highlighted risks and uncertainties, I would recommend potential investors to proceed with caution and evaluate the project thoroughly before making any investment decisions. It may be prudent to seek advice from financial advisors and consider diversifying investment portfolios to mitigate risks.
If you decide to invest, make sure to use the referral code "MarcBluerSky" for a bonus of 100 euros after investing. You can find more details and the bonus link here.
Hélène Mayet
My name is Hélène Mayet, I am an HR Assistant, I also have a self-employed English course business at home. My investments started in 2020 with shares on the stock market. Little by little I became interested in ETFs, particularly on the S&P500 and in real estate. While researching real estate and its opportunities, I discovered Crowdfunding in which I began to invest in 2022. I mainly invest in La Première Brique and Upstone.
The votes take place in the Objectif-Renta Investors Club.
➡️ Search for previous reviews of chez Clubfunding
Join the group on TelegramBy joining the club, you join a community of investors driven by the same interests and passions.
