North America Real Estate Development Senior Secured Term Loan Token

PC3729409


Price
$1.00 USD (0%)

24h Volume
0.00

Market Cap
$30,800,000

Last Trade
March 19, 2025

Last Trade
March 19, 2025
North America Real Estate Development Senior Secured Term Loan logo

PC3729409 Market Cap & Volume

Source: STM.co

Trading History

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Terms

Fundraise Information

Total Raise $100,000,000 USD
Soft Cap -
Raise Status Closed
Minimum Investment $1,000,000 USD
Accepted Investors International Non-US
Exemptions N/A
Instrument Private Credit
Token Issuance Info N/A

Token Information

Price Per (PC3729409) $1 USD (0%)
Token Issuance Platform Tradable
Secondary Marketplace Tradable
Blockchains Available On ZKSync Era
Security Type Fixed Income
Asset Class Private Credit
Ratings -
Token Rights N/A

About

Overview

$100 million senior secured delayed draw term note to a real estate investment platform that offers a lot lending program which provides acquisition and development financing to real estate developers.

Highlights

Details

  • Total Deal Size: $100M
  • Target Net Returns: 9.03%
  • Term: 4 yrs 6 mos
  • Min Investment: $1M
  • Type: Debt
  • Rate Type: Floating
  • Maturity Date: Sep 28, 2028
  • Capital Call Type: Drawdown
  • Onchain Capital Call Type: Prefund
  • Day 1 Draw: $0

Rates

  • Cash Interest Rate: 9.25–11.1%

Fees

  • Management Fee: 0%
  • Performance Fee: 0%
  • Expense Fee: 0%
  • Origination Fee: 2%

Blockchain

Blockchain Contract Address Block Explorer
ZKSync Era 0xEabc5A71f7ee291Cdd9881e823B2421Dcf10Cc0F Click here