Through Bridge Asset it is possible to finance companies that invest in the real estate sector, with very interesting returns.
All this takes place through a system called “lending crowdfunding”.
While investment crowdfunding mirrors capital markets, lending crowdfunding represents the real alternative to bank-derived credit.
Alfio Bardolla explains what crowdfunding is.
With great enthusiasm, the Bridge Asset team has chosen to propose another project adjacent to the center of Busto Arsizio. This is the renovation of a period building in good and liberty style in a beautiful area of Busto Arsizio, very convenient to the railway station and the city center. It is a question of obtaining 14 real estate units with balconies, terraces and some with rooftops or private gardens while maintaining the style of the very elegant building and giving a touch of modernity to its interior.
This type of intervention answers exactly the demand in that area, so the proposing company already has a strategy for selling the apartments quickly.
Bridge Asset financed an operation reaching € 704,000 in capital raised with 100 lenders, with an average of € 7,000 per investor. With part of the loan, the company acquired the property and began the renovation of the facade and the first and second floors.
For the financiers of the Biancardi project, the opportunity is of a yield of 10.79% (gross) and they can start financing from just € 500.
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