Key Figures
- 1 office property in a central area
- Buyer finding for off-market transaction
- Bridge financing for buyer
- Subsequent traditional bank financing for the reconstruction
Task and Solution
The aim was to sell an office building quickly at an optimised price and in a discreet manner. Hyrock found a buyer within just three weeks, provided comprehensive advice and organised short-term financing in the form of a bridge loan. Based on Hyrock's analysis of the property, the potential for converting it into a residential property was identified even before the purchase. The buyer invested additional funds for the conversion. With our client's highly profitable concept, very good rents were achieved and the value of the building was increased by a double-digit percentage (Wüest & Partner valuation). Based on this, the bridge financing was replaced by traditional financing after the building permit was granted.
Your advantages with Hyrock
- Understanding of the entrepreneurial objectives
- Complete implementation of requirements and wishes
- Valuation of the property portfolio
- Best available financing offer on the market
- Short-term organisation of bridge loans