iFunded places second project “Caspar-Theyß”
● 750.000 Euros Collected
● Yearly Five Percent Return
● Next Project Launched
Berlin, the 9th of November 2016 – The real estate financing platform iFunded.de has completed the funding for their second project and has raised a total of 750,000 Euros. Through the online portal, private and institutional investors have invested in an apartment building in the City-West of Berlin. The investments will be used for the restoration of common property and apartments. The investors can expect a return of five percent p.a. with a term of 24 months.
“With our real estate financing platform, we offer investors access to selected residential properties and thus an interesting alternative to classic investment opportunities in the current low interest rate phase”, says Michael Stephan, the founder and managing director of iFunded.de.
Annually up to 5% return
At iFundend investors can invest along with experts from the real estate sector in selected real estate projects. There are no fees for crowd investors. Investors are entitled to a interest of up to five percent per year. With projects regarding existing properties like Caspar Theyß-Straße, investors’ interest payments are payed every six months for a term of two years. “In our second project, investors also acknowledged the fact that the real estate developer had provided the project at iFunded with a reasonable equity”, explains Stephan.
Next project already started
Simultaneously with the end of the funding for the property in the Caspar-Theyß-Straße, the funding for the next project begins: a residential property in Calvinstraße. The property in Berlin-Mitte has 17 residential units. A total of 500,000 Euros are to be collected from the Crowd. With a minimum investment of 500 Euros, investors are entitled to a interest rate of five percent p.a., which is paid out half-yearly over a term of twelve months. The investment is used for sanitation measures of th property. “Our goal is to continuously provide our investors with properties with transparent financing structures and appealing terms”, said Stephan.