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Business & Finance – 25th October 2017 Initiative Ireland launches first Irish syndicated property finance platform The company announced the launch of Ireland’s first syndicated property finance platform. This launch is linked with Initiative Ireland‘s pre-approval €1.5 million secured loan, which has been approved for funding via the platform. This loan will fund the development of ten social housing apartments …
The Irish Independent – 24th October 2017 Property finance firm seizes the Initiative “Initiative Ireland has launched the country’s first syndicated property finance platform. The launch coincides with the company’s pre-approval of a €1.5m secured loan which will fund the development of 10 social housing apartments and a restaurant in Dublin.” Read more
Irish Tech News – 23rd October 2017 Ireland’s first Syndicated Property Finance Platform launched with €1.5 million crowdlending loan ” Initiative Ireland has today announced the launch of Ireland’s first syndicated property finance platform. The launch coincides with the company’s pre-approval of a €1.5 million secured loan, which has been approved for funding via the platform. The largest crowd-lending loan …
The Irish Independent – 20th October 2017 New financing platform aims to support the construction of 250 homes with €60m of loans ” “At a time when the country is in desperate need of housing, our initiative will offer competitive returns and terms to our private members, while supporting the construction of much needed family homes across Ireland,” said Initiative …
Irish Building Magazine – ISSU 3, October 2017 Initiative Ireland to Finance €60m in Residential Loans
RTE News – 19th July 2017 Property finance platform to fund €60m in construction loans “Syndicated property finance platform Initiative Ireland said it aims to fund €60m in construction loans to build around 250 new homes be the end of 2018.” Read more
The Irish Times – 19th July 2017 Peer-to-peer lender aims to raise €60m to fund house building “All loans are secured with a first lien, a form of debt that has priority in payment in the event of a company’s liquidation, and must have a clearly defined exit strategy. (…) the company focuses on financing construction of quality family homes …
The Irish Independent – 19th July 2017 Initiative Ireland aiming to finance €60m in construction loans to build 250 family homes “It is great to see Irish firms, like Initiative Ireland, responding to the market need with new sustainable solutions,” Eoghan Murphy TD, Minister for Housing, Planning and Local Government, said. “I welcome their goal of making finance available at …