Bergson Real Estate Capital, a German opportunistic real estate private equity investor and asset manager, has provided a bridge loan to Semodu AG, a specialist serial-modular residential development firm.
The high-yielding facility allows Semodu to close on a milestone transaction involving the development of about 180 residential units in Berlin. Bergson acted as the sole lender.
Bergson was founded by Fabian Godbersen, who previously had senior experience in Germany with Morgan Stanley, Grove, and the Blackstone Group. Bergson focuses predominantly on value-add and opportunistic investments across real estate asset classes, local markets and the capital structure.
“We believe that serial-modular development of (multi-family) real estate will experience significant growth and that Semodu will play a vital role in this segment,” Godbersen said. “While we mostly concentrate on controlling equity, this loan represents a perfect blend of our strategies Niche-to-Mainstream and Special Situations.”
Semodu was founded by Frank Talmon l’Armée with the idea of applying the automobile industry’s sophisticated serial and modular manufacturing concept to homebuilding. “The construction sector has to make strides with respect to the industrialisation of its manufacturing technology,” Talmon l’Armée said. “We’re very pleased to have teamed up with Bergson in this important transaction and we’re looking forward to continued support and collaboration.”
