By January 2019, just £5m had been returned to investors, but 12 months on — following the redemption of two development loans — the prime property investment platform took the total to £27m.
The two loans funded high-specification renovations in Holland Park and Chelsea.
The £6.9m Holland Park development was its largest redemption in 2019 and paid CapitalRise investors a 10% per annum return.
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Uma Rajah, CEO and co-founder of CapitalRise (pictured above), said: “Reaching this milestone really reinforces the confidence we have in our proposition and highlights the strength of our credit underwriting process.
“Since inception, our focus has been quality over quantity.
“It is extremely rewarding to see our hard work and expertise pay off and to sustain a track record of no losses or defaults while paying our investors an average return of 9.4% pa.”