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Les Villages d’Or

presented by October France

€1,037,500

6.1%

36 months

B+

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location

Location

Lattes, France

activity

Activity

Properties

Presentation of the company

Created in 1997, Les Villages d’Or is active in the real estate promotion sector. The company, managed by Jean-Luc Estournet, has 44 employees and is based in Lattes.

The company’s main activities are:

  • Real estate promotion for senior residence and student residencies 
  • Management of senior service residence

The company works with private investors and social landlords.

A partnership is signed with La Caisse Des Depots and Consignations to develop real estate projects.

Project Description

The company has an investment program of 2m€ to finance the business development in new region and fees linked to real estate development. This program will be financed in two tranches of 1m€. The company requests 1 037 500€ over 36 months today. This project will be realised this quarter.

This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

The amount offered on the platform is limited to 508 375€, which is in line with the regulatory limits.