Íbero CM, a company specialized in alternative debt financing, closes its first property purchase operation, and “resurrects” a promotion of 288 homes in the Valencian municipality of Canet.
Íbero Capital Management (Ibero CM), an alternative debt platform backed by the American fund Oak Hill Advisors, closes its first property investment operation with the purchase of a paralyzed residential project in the Valencian municipality of Canet d’En Berenguer, which will include 288 apartments.
With this operation, the company takes a further step in its business strategy and becomes a mixed manager, with investments in the real estate market both through debt and private equity. Íbero CM will allocate a total of 40 million euros to this residential project, including the necessary investment until the works are completed.
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> Oak Hill becomes a residential developer with Íbero CM
