For the first time in Italy, a collaboration between two real estate crowdfunding platforms aimed at raising a total of € 1 million in support of a tourism real estate project in Sardinia has started. House4Crowd, a real estate equity crowdfunding platform authorized by Consob, and Trusters, a 100% Made in Italy lending real estate crowdfunding platform, have joined forces to launch the Santina Resort on the market, a 7,500 square meter hotel that is part of the Gulf of 'Asinara, in the medieval village of Castelsardo.
The transaction stems from the restructuring of a non-performing loan (NPL) belonging to a bank and the promoter of the initiative, the entrepreneur Giovanni Cavalieri, took over the real estate project with a lease of 7.5 million euros at Sardaleasing leased to Garibaldi Hotels. Crowdfunding intervenes to integrate the equity largely already invested by the promoter, who has launched a mixed operation between an equity crowdfunding company and a lending company to support the project. "Giovanni Cavalieri turned to our platform for a collection of 800 thousand euros - explains Francesco Chechile, co-founder and CEO of House4Crowd -. The real estate project is nearing completion so we immediately believed in the potential of the investment, which represents an extraordinary opportunity for all our '4crowders', who can invest in a few clicks on our platform ". The returns for investors, who become members of Santina Resort & Spa, are "7.81% in the first year, while, for those wishing to stay in the company for another three years, we expect returns between 13 and 14%", he adds Rosaria Chechile, co-founder and Coo of House4Crowd, hoping that "people believe it because it is a beautiful project in one of the most beautiful places perhaps in the world". The delivery of the works is scheduled for November 2020 with the start of the resort for the 2020 season. Trusters, for its part, has already closed the expected collection of 200 thousand euros, "in just fifteen days", destined for the furnishings of the hotel , says the CEO of Trusters, Andrea Maffi, underlining that "the economic recovery cannot be separated from the tourist one. The enhancement of the territory and Made in Italy, in particular, is in our DNA. Therefore we have gladly joined the initiative of mix equity and lending in favor of a valid hotel project ". The lending of Trusters "is a simple, fast and effective tool that responds to the diversification needs of investments, small, medium and large, on the one hand, and financing of real estate operators, on the other, in concrete support of the real economy ".
In collaboration with:
Trusters
