Fixed-yield, asset-backed notes
for a single, beautiful hotel.
For a small group of investors who prefer clarity over complexity: you provide capital as secured notes; we pay a fixed Euro yield; we keep the equity and manage the upside over time.
I’m raising fixed-yield, asset-backed notes for one beautiful hotel acquisition; you get predictable income and collateral, and I keep the equity and manage the upside.
This page is a high-level overview only. A full term sheet, legal documentation, and underwriting model are available on request for professional and sophisticated investors.
How the structure works
The goal is simple: give investors contractual yield and collateral, while allowing the sponsor to retain equity and long-term control of the asset.
1. You subscribe for notes issued by the hotel SPV.
Capital is deployed into a single identified asset (or a clearly defined first acquisition).
2. The notes pay a fixed Euro yield.
Interest is paid from project cash flow, with timing and frequency specified in the term sheet.
3. Your position is secured and senior to the sponsor’s equity.
You sit behind the bank and ahead of common equity in the capital stack.
4. Principal is returned at a defined event.
Typically at refinance, sale, or scheduled maturity once the hotel is stabilized.
What you receive as an investor
This is a private credit position with hospitality exposure, not an equity co-sponsorship.
Fixed, contractual yield.
Your return profile is defined up front, in Euro, with clear payment mechanics.
Security over real assets.
Your notes are secured by pledges at the SPV level and sit ahead of sponsor equity.
Defined capital return path.
The term sheet specifies how and when principal is intended to be repaid.
No operating burden.
You are not asked to underwrite daily operations or join committees; you evaluate
the sponsor, the asset, and the structure.
Illustrative terms snapshot
Final terms will be set in the term sheet for a specific asset. The outline below is intended as a working reference for discussion.
| Instrument | Secured, fixed-yield notes issued by the property-owning SPV, ranking behind the senior bank loan and ahead of sponsor equity. |
|---|---|
| Use of Proceeds | Acquisition and initial capex for a single European boutique hotel (20–40 keys, adaptive reuse, high-barrier location). |
| Currency | Euro (EUR). |
| Target Raise Size | Illustratively €2.5M–€4.0M, depending on final purchase price, bank leverage, and capex plan. |
| Yield | Fixed annual cash yield, paid in Euro, with frequency (e.g., quarterly or semi-annual) specified in the term sheet. |
| Term / Repayment | Target term aligned with stabilization and refinance or sale of the asset (for example 4–6 years), with principal intended to be repaid at a defined event or maturity. |
| Security Package | Pledge over SPV shares and subordinated security interest in the asset and key project rights (subject to bank consent), in each case ahead of sponsor equity. |
| Minimum Subscription | To be set in the final documentation; discussed individually with each investor based on ticket size and relationship. |
This summary is for discussion only and does not constitute an offer, solicitation, or recommendation. Any investment will be made solely on the basis of definitive legal documentation and, where applicable, a private offering memorandum.
Economics and underwriting
For a sense of how a 30–50 key European boutique hotel can perform under conservative assumptions, you may review our illustrative economics and investment presentation.
Rooms-driven, margin-focused model.
Core returns come from disciplined room revenue and lean operations.
Multi-source income.
Nightly stays, buyouts, and curated programs, depending on the asset.
Clear link between EBITDA and value.
Stabilized cash flows and cap-rate assumptions determine long-term value.
Next step: a direct conversation
If you would like to review the full term sheet, underwriting pack, or discuss a specific ticket size, please reach out directly. Every serious inquiry receives a thoughtful, confidential response.