Honest Karlin

• Loan is issued to refinance the invested equity of the borrower in the form of a Mezzanine.

• This loan is subordinate to the Senior Loan.

• Project has been in the operating phase since April 2024.

• Interest on the loan will be paid from the net cash flow generated by apartment rentals, as detailed in the

• Monthly Cashflow calculation below.

• Loan is guaranteed by Vihorev Management Company s.r.o., acting as the property management company, and Vihorev Investments, SE, as the Borrower.

We are excited to present a unique real estate investment opportunity through a mezzanine loan participation, catering to both short and long-term rentals.

In this venture, Fintown s.r.o. serves as the lender, providing a loan to Vihorev Investments SE, a subsidiary of the well-established VIHOREV GROUP.

The focal point of this project is Honest Karlin, a comprehensive building renovation initiative led by the Vihorev Group, under the direction of its founder, Maxim Vihorev. Initiated in 2021 and completed in April 2024, the project includes 31 units. Rental operations will be managed by the SPV, Vihorev Management Company s.r.o. With a rich background in real estate, Mr. Vihorev brings his extensive experience as a developer and investor, boasting a portfolio that includes five successfully completed projects covering 7,096 square meters and three ongoing projects spanning 9,225 square meters.