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Residential Real Estate Construction Company Seeking Loan in Oslo, Norway

We develop residential housing projects in the greater Oslo area, in cooperation with local landowners.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 430 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 9 %
Industries Residential Real Estate Construction
Locations  Oslo
Local Time 6:12 PM Europe / Oslo
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.48 million for 10.0% annual interest, 3 years (Native Currency: NOK 15,000,000)
Reason: At present we never purchase a piece of land or into an existing project before it is ready for cons... View More
Collateral Available: USD 1.13 million
Includes physical assets worth USD 3.9 million
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Business Overview
- Experienced management and board with experience in political zoning regulations, finance, banking, construction and law.
- We give landowners the opportunity to participate in projects in separate single purpose vehicles for each project.
- With years of experience in relevant sectors, our principals and board members possess a valuable network including construction companies, local residential brokers and banks.
Products & Services Overview
Private landowners and professional developers at various stages in developing their plot, choose to engage in cooperative partnerships with us as we can provide assistance in moving projects forward to realisation. This can be everything from running the political zoning process from start to finish, matching private equity investors with desirable projects, and restructuring existing plans with a focus on adjustments that make a big difference in the local market.
Assets Overview
Ownership stakes in initiated projects.
Option contracts to purchase into desirable plots and projects when they are ready for construction. These are projects we are currently working on getting off the ground.
A formidable pipeline of three 25+ unit apartment projects we are currently in negotiations with, in addition to 10+ smaller projects (2-6 units per project).
Facilities Overview
We own stakes of ownership in several single purpose vehicles that own plots currently being developed.
We rent our offices in the center of Oslo, in Bogstadveien 6, postcode: 0355.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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