Ask, and a person reads along.

Press a question below for the firm's answer at once, or write your own. Everything you ask reaches the person running the raise, in your words; nothing you ask binds you to anything.

Questions people ask here

A question in your own words is answered from these pages and nothing else; the firm reads it too. Not investment advice.

Every answer, in full

What am I committing to when I press "I want to commit"?: Nothing that binds you. The press records the size you would consider and tells us to send you the full case. The only binding step comes later, on paper: a carta vinculante you sign once you have read the case, been allocated a share and chosen to take it.
What happens if I commit and in the end there is no deal?: No money moves before a raise closes and the purchase is signed. If the seller walks away, the building fails its checks or the raise does not fill, nothing is called from you and there is nothing to return — you are simply told, and the next building we show you is a new decision.
When would I actually pay, and how?: Once the raise has closed and you have signed. Money is called in tranches against dates you know in advance — the first at completion, the escritura — with bank instructions written for you personally. Nobody asks you for a transfer before that.
What do I get for my money?: A share of the vehicle that owns the building, in proportion to what you put in. It pays you from the building's operating cash while it trades and from the sale or refinancing at the end, in the order the plan's waterfall sets out. Every deal's plan shows the projected figures for that, as estimates and not promises.
Can I take less than the minimum, or a smaller share than the card offers?: No. The minimum cheque and the participation rule on each card are the terms of that raise: some rounds take many cheques from a quarter upward, some want one investor for the whole ticket. Type a sum on the deals page and each raise says what it would be of it.
Why can I not see the address?: The card names the town and not the street on purpose: a building that is being negotiated is not shown to the market. After a conversation, and a short confidentiality undertaking, the case opens — the address, the photographs, the full model.
What do "yield on cost" and "return to you" mean?: Yield on cost is what the building earns in a stabilised year, before any bank is paid, over everything it costs to buy and make ready. Return to you is the projected annual return on your own money over the life of the deal, after the debt and the firm's fees. Both are shown as bands, because a first plan moves; the case shows the figures behind them.
How does the firm make money?: Three ways, all in the plan you can download: a setup fee when a deal closes, a management fee while the building trades, and a share of the profit above a hurdle when it is sold. The firm earns the last one only after you have earned your hurdle.
How long is my money in, and can I get out early?: Each deal says which kind it is: buy to sell exits around year four, hold and sell around year seven, buy and hold is kept and refinanced. Shares in a vehicle are not liquid; an early sale of your share is possible only under the vehicle's own terms and to a buyer the vehicle accepts.
Who else is investing?: We do not tell one investor about another. What you can see is the size of the raise and how much of it one investor may take.