NuCapital provided a €2.35M loan for a residential development project in Riga

3/18/2026

Private debt fund NuCapital provided a €2.35M loan to a Latvian real estate development company implementing a multi-apartment residential project in Riga.

The financing is intended for the development of the project, aiming to deliver new residential buildings. The loan was granted for a period of 12 months and is secured by the apartments under development and the land plot. This transaction reflects NuCapital’s ability to finance residential real estate projects across the Baltics and provide flexible capital at different stages of development.