Stronghold, a leading specialty mortgage provider in Spain, has secured a €100 million credit facility from Goldman Sachs to support its future growth plans and issue residential development loans across Spain.
The company has been actively lending since 2015, executing over €100 million in loans to small and mid-sized developers.
“This funding commitment from Goldman Sachs is an important step forward in the execution of our ambitious business plan. A multiyear collaboration with the preeminent partner in finance further cements our ability to offer our clients both flexibility and certainty of funding. ” Matt Calner, Partner and co-founder of Stronghold Asset Management.
Stronghold Asset Management is a real estate direct lending platform that provides bridge loans and development finance across Spain. Stronghold builds long term relationships with developers and investors by providing attractive short term financing solutions that are fast, reliable and make sense for our clients.
Read the original article in Spanish.