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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 18
| 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 Damien Cuyala on
⏰ The project starts on 31/10/2024 12h00
💰 The estimated rate of return is 11.5% per year.
⏱ The duration of the project is 24m
💼 Minimum amount to invest is 1€
🤖 Review's summary
The project is scheduled for October 31, 2024, at 12:00:00.
Global assessment: First lien mortgage transferred with 73% coverage, second lien mortgage on an industrial site with 58% coverage, 100% pre-commercialized under offer with no suspensive condition. Good project sponsor experience. Attention to the company's high indebtedness with a ratio of 7.
Type of project: Purchase - renovation/construction - resale
Amount to finance: 1,089,000 EUR
Capital repayment: In fine, interest: In fine
The project aims to refinance the equity injected by our project sponsor in the acquisition of an industrial site built on a 9,100 m² plot, consisting of a workshop and offices, intended to host the construction of a data center. This refinancing will allow the acquisition of a strategic asset that will serve as the basis for a future real estate program. Repayment will be made through the sale of the industrial site, which is pre-commercialized up to 100% of the turnover through an offer to purchase without financing conditions.
✅ Return: 11.5% -> high.
✅ Guarantee Type: First lien mortgage
✅ Mortgage coverage: 73% -> correct
...
This project at La premiere brique looks extremely promising and well-structured. With a high return of 11.5% and various positive aspects such as good mortgage coverage, pre-commercialization at 100%, and experienced project sponsors, it seems like a fantastic opportunity for investors. Despite the high indebtedness ratio of the company, the overall project details inspire confidence in its success.
Moreover, the bonus incentives provided by the platform add an extra appeal to potential investors, making the project even more attractive. With realistic construction timelines, low risks, and a solid location, investing in La Berge at La premiere brique appears to be a wise choice for those looking for profitable opportunities in the real estate sector.
So, if you're considering investing, don't hesitate to take advantage of the bonus offers and join in on this exciting project by using the referral code MBS and signing up through the following link: Sign Up Link
66 voters
👎29% 👍32% 🤷17% 🏳️23%
To vote : 
Damien Cuyala
Damien, 41 years old, I am a business manager in nuclear valves, I also have a company in the distribution of everyday products in short circuits with the credo of "made in France". I started at a young age to learn how to invest in the stock market in dividend stocks, ETFs, and from 2021 on small cap equity strategies, and recently I have been learning about options. In June 2022, I started real estate crowdfunding and I have invested a little over 73 Keuros since then, my investments are distributed across the following platforms: ClubFunding, Raizers, La Première Brique, Upstone, Baltis. I attach great importance to spending time analyzing each project before making the best decision for my investments. Finally, I also have investments in crowdlending, mainly on Lendermarket to diversify my assets as much as possible.
➡️ My review of La premiere brique
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