Real Estate · Real Estate Partners
Residential Development
Development capital for a residential project delivered in phases by an experienced development partner.
75% funded
OpenCapital requirement
₦100,000,000
Minimum participation
₦1,000,000
Duration
24 months
Risk classification
Moderate–High
Overview
Development capital for a residential project delivered in phases by an experienced development partner.
Target economics: Target economics realised on completion and sale of units. Target economics are objectives, not guarantees.
Why this opportunity?
Housing demand in major urban corridors continues to outpace delivery, and phased development allows capital to be matched to construction milestones.
Use of capital
- Construction and phased delivery
- Materials and contractor payments
- Approvals, professional fees and site works
Underlying asset / business
A titled development site and the residential units built on it. Economic value is generated on completion and sale of units.
Structure
Capital is deployed against construction milestones with disbursement conditional on independent verification of progress.
Partner
Real Estate Partners. The development partner is responsible for construction delivery, contractors and project management.
Risk
- Construction delays and cost escalation.
- Slower than expected sales or price softening.
- Regulatory or approval delays.
- Longer capital lock-up than projected.
This opportunity is not risk-free and no return is guaranteed. Capital may be lost.
Security
Project documentation sets out title, milestone controls and any additional security arrangements.
Fees
- Structuring fee
- Project monitoring fee
