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Post by elephantrosie on Mar 21, 2018 19:39:28 GMT
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Godanubis
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Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Mar 21, 2018 19:55:28 GMT
in2tense another thanks for the effort effort!
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oik
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Post by oik on Mar 21, 2018 20:03:23 GMT
Really good photos. Can't help thinking Collateral would have found raising the needed funds much easier if they'd illustrated progress with something as good.
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hazellend
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Post by hazellend on Mar 21, 2018 21:54:49 GMT
Really good photos. Can't help thinking Collateral would have found raising the needed funds much easier if they'd illustrated progress with something as good. Good point, good photos are very important for P2P sentiment
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GeorgeT
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Post by GeorgeT on Mar 22, 2018 21:55:37 GMT
If I am not mistaken the later tranches of this loan which had a lower priority in the pecking order were being offered at 14 or 15% interest. If so I am in this one but since I never kept a detailed record of what loans I was in and I don't have access to the website I can't be sure if I am tied up in this one and if so to what extent. However if I am tied up in this one and I was on 14 or 15% then I have to say based on the photographs that this looks to be first class progress and I feel reassured that there is some significant value here to be realised and distributed to us lenders in due course.
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IFISAcava
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Post by IFISAcava on Mar 22, 2018 22:30:45 GMT
If I am not mistaken the later tranches of this loan which had a lower priority in the pecking order were being offered at 14 or 15% interest. If so I am in this one but since I never kept a detailed record of what loans I was in and I don't have access to the website I can't be sure if I am tied up in this one and if so to what extent. However if I am tied up in this one and I was on 14 or 15% then I have to say based on the photographs that this looks to be first class progress and I feel reassured that there is some significant value here to be realised and distributed to us lenders in due course. Kind of depends on them being able to raise the remaining finance though, otherwise half finished developments aren't worth all that much..
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hazellend
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Post by hazellend on Mar 22, 2018 22:39:47 GMT
George I’ve sent you a PM
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Post by 123qweasdzxc on Mar 23, 2018 4:44:12 GMT
Brilliant, thanks!
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nyneil
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Post by nyneil on Mar 23, 2018 16:05:53 GMT
Many thanks - Much appreciated!
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Monetus
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Post by Monetus on Apr 28, 2018 16:10:25 GMT
Happy to see the project was still moving along nicely. Hopefully that's still the case and the borrower has acquired alternative funding elsewhere to finish the job.
I sadly invested in the last tranches (25th, 25th etc) which didn't drawn down prior to the Collateral administration. Along with the Chesterfield loan of £1.2m I am hoping these funds are located by BDO swiftly.
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Post by in2tense on Apr 30, 2018 14:41:05 GMT
So today I visited the Bolton site again. I was pleased with what I saw and the amount of workmen on site, I was told that the site manager was in a meeting but had said that he would be happy to meet with me if I made an appointment. I spoke to the foreman who again stated that he had a full complement of workers on site, however the finish date that they had for the project was July but he told me that they were running over and it would not be completed on time. He confirmed that they were still getting delivery's on a daily basis and had taken delivery of two wagon loads of plaster board this morning, he also confirmed that they were all getting paid on time. I then spoke to one of the scaffolder's who's company had turned up on site this morning to start removing 75% of the scaffolding as the majority of the outside work was now complete. Took a few photo's but once again I wasn't allowed inside the building.
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Post by in2tense on May 12, 2018 13:17:45 GMT
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agent69
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Post by agent69 on May 12, 2018 13:51:50 GMT
I was just passing today and took these photo's. Obviously the first one was from a few weeks ago but the other 3 are new and with the scaffolding removed. Did they run out of bricks?
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theshape
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Post by theshape on May 12, 2018 14:45:28 GMT
I was just passing today and took these photo's. Obviously the first one was from a few weeks ago but the other 3 are new and with the scaffolding removed. Did they run out of bricks? Or money?
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SteveT
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Post by SteveT on May 12, 2018 17:02:49 GMT
I'm sure the upper part will be clad, above the bricks
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