Copernicus Creditalternative financing platform owned by Copernicus Group, has announced a agreement with global institutional alternative investment management firm, Crestline.
He agreement Its objective is the origination and management of bridge and promoter loans in Iberia. It will try to offer a set of financing solutions flexible and personalized for real estate projects in Spain. These loans aim to help developers and investors acquire, build, renovate or reposition properties in the residential and industrial segments.
With this alternative financing, Copernicus Credit y Crestline seek to support the development of the real estate market in Spain, focusing especially on the construction of new homes and addressing the lack of housing in the Iberian region, with a particular focus on Spain.
“We are very excited about this partnership with Crestline, as it is another step to allow us to meet our objectives of providing competitive, agile, and flexible real estate financing to Spanish developers and investors,” he says. Paul TigheDirector of Copernicus Credit and Head of Business Development at Copernicus Group.
For its part, Michael Guy, CIO of Europe at Crestline, adds: “We are excited to work with Copernicus and support property developers in their projects in Iberia. “We expect a very active 2024 after having financed the first loans under this agreement and with a large pipeline of high-quality operations.”
2024-01-15 13:02:45
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