Selected Investment Opportunity

Residential Development Financing Opportunity – Southern Germany

Off-market financing opportunity covering a three-project residential pipeline in Southern Germany, combining permitting, refinancing and construction completion elements within a structured unit-sale exit framework.

Funding Requirement
~ EUR 3.5m
Total GDV
~ EUR 9.95m
Structure
3 Projects
Duration
18–24 Months

Overview

The opportunity relates to a three-project residential pipeline in Southern Germany. Two projects already have building permits in place, while one remains in the permitting phase. The intended repayment is driven by individual unit sales and buyer payments during construction under the German MaBV framework.

Region

Southern Germany

Asset Type

Residential development / redevelopment with a unit-sale strategy

Exit

Individual apartment sales with MaBV-supported cash inflows

Capital Need

Refinancing, construction completion and bridge liquidity

Investment Highlights

  • Three-project residential pipeline in an established Southern German market.
  • Two projects already permitted, with one additional project still in the approval process.
  • Initial reservations / presales already indicated for the permitted schemes.
  • Repayment logic supported by buyer instalments during the construction period.
  • Flexible structure possible on a project-by-project basis or as a combined facility.
  • Use of funds combines refinancing of existing liabilities with completion financing.
  • Government-supported buyer funding is integrated into selected projects.
  • Suitable for selective development lenders, mezzanine funds and private credit capital.

Project Breakdown

The opportunity includes three underlying residential projects with differing execution status and funding requirements. The combined structure provides scale while preserving project-level visibility.

Project I

Residential development / permitting phase

Permitting
Funding Need ~ EUR 1.59m
GDV ~ EUR 5.02m
Project Cost ~ EUR 3.72m
Positioning Build + Sale

First of the three schemes, currently in the approval stage and intended to be repaid through unit sales and MaBV-supported cash flows once construction progresses.

Project II

Permitted residential project

Permitted
Funding Need ~ EUR 0.66m
GDV ~ EUR 1.78m
Project Cost ~ EUR 1.21m
Status Refinance / Complete

Second project with a building permit in place, combining refinancing needs with continued construction and sales execution.

Project III

Permitted residential project

Permitted
Funding Need ~ EUR 1.25m
GDV ~ EUR 3.15m
Project Cost ~ EUR 2.10m
Status Refinance / Complete

Third project with a permit in place, positioned for further execution and repayment through apartment sales and buyer instalments.

Project Status Funding Need Project Cost GDV Repayment Logic
Project I Permit in process ~ EUR 1.59m ~ EUR 3.72m ~ EUR 5.02m Unit sales / MaBV
Project II Permit available ~ EUR 0.66m ~ EUR 1.21m ~ EUR 1.78m Unit sales / MaBV
Project III Permit available ~ EUR 1.25m ~ EUR 2.10m ~ EUR 3.15m Unit sales / MaBV

Aggregate funding need is approximately EUR 3.5m, with a total projected sales volume of approximately EUR 9.95m.

Capital Structure & Use of Funds

Indicative Use of Funds

  • Refinancing of existing bank and/or private project-related liabilities.
  • Completion financing for construction and remaining build costs.
  • Coverage of planning, selected soft costs and execution-related expenses.
  • Liquidity bridge until buyer instalments and sales proceeds are received.

Indicative Financing Logic

  • Flexible structure possible either on a combined basis or project by project.
  • The capital sits against a clearly defined residential exit strategy.
  • Buyer payments during construction help reduce outstanding exposure over time.
  • Suitable for selective development lenders, mezzanine funds and private credit capital.

Developer Profile

Execution Background

The sponsor profile presented in the materials highlights longstanding construction and project management experience, including residential delivery, subcontractor coordination, procurement and on-site execution management.

Selected Experience

The materials reference broad prior operating experience across residential construction, project supervision and trade coordination, supporting execution capability for smaller and mid-scale residential developments.

Request Further Information

Detailed documentation, process information and additional project materials can be shared on a selective basis.

Contact Burgmann Capital