Two CapitalRise loan redemptions deliver 20.6% return for investors

CapitalRise has announced that its latest two redeemed loans have delivered a total return of 20.6% on average for investors against prime properties located in central London and Hampshire.

In the first project, the online property crowdfunding platform’s investors funded a £1.2m development loan for the conversion of a former office property in the Strand into nine luxury apartments, with the project achieving forecasted returns of 11.5% per year on exit. 

The second project featured a £1.35m loan to assist with the acquisition and development of a 12-home scheme in Chandler’s Ford, near Winchester.

Within 21 months of financing this second project, the scheme delivered targeted returns of 10.5% per year for investors.

Uma Rajah, CEO and co-founder of CapitalRise (pictured above), said: “The timing of these loans — which were both underwritten at an undeniably stronger point in the market’s cycle — provide evidential confirmation that the investment opportunities on offer through CapitalRise’s platform continue to outperform.”

Uma added that this was because of its “strict lending criteria”.

This news follows a 278% increase in lending volumes for CapitalRise, compared with 2017.

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