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Residential & Mixed-use
Velazquez, Salamanca,
Madrid
Units 8
Build Type self build

Velazquez, Salamanca, Madrid

Salamanca Development Finance

Maslow Capital was pleased to finance an ambitious development in Madrid’s Salamanca district. The development will involve the vertical extension of an existing residential building, adding four new floors and delivering eight premium residences with private amenities and open spaces. Capitalising on Salamanca’s reputation as Madrid’s most desirable residential quarter, the project is poised to offer exceptional living spaces in a prime location. The loan will support both the acquisition of air rights and the full development process, enabling the developer to realise its vision for the site.

Roger Ramos, Head of Origination at Maslow Capital in Spain commented: “This transaction exemplifies the breadth of our capabilities – supporting two distinct residential schemes through a combination of complex vertical expansion and the sensitive restoration of a 1910 building. The borrower’s strong execution track record – together with CBRE’s expert advisory input – gave us full conviction to back both projects. Building on the momentum of our recent €30 million loan to support the redevelopment of La Ermita del Santo Shopping Centre into a high-quality, mixed-use residential scheme, this deal reinforces Maslow Capital’s reputation as the capital partner of choice for complex living projects across Spain and wider Europe.”

Ignacio Meylán Toboso, Head of Debt & Structured Finance at CBRE in Spain said: “Maslow Capital positions itself in Spain as a credible funding partner and a compelling alternative to traditional bank financing. Their ability to act with proximity – thanks to a local team – and tailor their approach to the specific requirements of each scheme has facilitated the successful completion of this transaction. In an environment where bank appetite remains constrained, it is important to offer developers the certainty and flexibility needed to deliver ambitious projects.”

We are delighted to have secured finance and to move forward with our vision for these two prime sites in the heart of Madrid. Maslow Capital immediately grasped the nuances of two complex, simultaneous developments in the city centre, while also recognising the potential of each site. We are also pleased to have had CBRE involved throughout the process, whose expert advice proved invaluable in bringing the transaction to fruition.
Bruno Rabassa from Petrus Grupo Inmobiliario

Roger Ramos

Head of Origination (Spain)

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