Project | Brickfy

Bologna Massarenti

Platform: RE-LENDER
Type: LENDING

Closed for investment

Scheduled

General Information


LENDING

REAL ESTATE

RE-LENDER

BBB

Monthly


Financial Information


€385,000.00

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€0.00

€5.00

8.50 %

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--

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Important Dates

365

2022-06-28

2023-06-28


Description

Description

Bologna Massarenti is a RE-Build project aimed at financing the company Immobiliare Madrò S.r.l. for the purchase, renovation and subsequent sale of an apartment located in the San Vitale neighborhood of Bologna.

The 117-square-meter home currently consists of 4.5 rooms, located on the fourth floor with an elevator and has a condominium parking space.

Renovation work will include modernization of the apartment to bring it up to current standards.

The purchase price of the property is 16.4 percent below the market price, according to the evaluation of the Real Estate Exchange and OMI (Osservatorio Mercato Immobiliare).

The property is located about 15 minutes (by public transport) from the center of Bologna, a few minutes from the highway and is surrounded by numerous green areas.

The area, with a predominantly residential vocation, has a widespread network of services, including:

  • 8 shopping centers;
  • 78 eating places;
  • 10 schools;
  • 12 banks;
  • 5 cultural and recreational clubs;
  • 25 medical centers and clinics.

Immobiliare Madrò S.r.l. has been operating for years in the Bologna area and has already financed and repaid four projects through our platform, two of which are located in Bologna:

  • Bologna Saffi
  • Bologna Ponchielli

Borrower information

Immobiliare Madrò S.r.l. is part of the Marella Entrepreneurial Group, led by Francesco Marella, who holds a degree in construction engineering and represents the third generation in the real estate and construction industry. During his career, he has also held the following positions: CEO and chairman on the board of Nova RE S.p.A. a real estate company listed on the Milan Stock Exchange. Vice chairman of Meridie S.p.A, an investment company listed on the Milan Stock Exchange. Board member of Ream SGR. Managing director of the family business active in public infrastructure construction (highways and railways).

Particularly in real estate development among the group's most important projects:

  • Construction of complexes for residential and office use in Potenza for a development of about 13,000 square meters (revenues of about 25 Mln Euro);
  • Renovation and sale of residential and office complex in Ferrara 11,000 sq m;
  • Construction and sale of tourist complexes in Val di Fassa for 7,000 sq m.

More information available at: https://www.immobiliaremadro.it/.