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Munich: Bayerncare plans care facility - Zinsbaustein is financing

Developer Bayerncare, which is part of Sontowski & Partner and Mauss Bau, is investing €13.8mn in building a senior care facility in Munich-Neuperlach. The new structure on Gerhart-Hauptmann-Ring will have 72 units for about 80 residents and an educational therapy child care center. Part of the project is financed by zinsbaustein.de. The crowd investing platform is collecting €1.2mn from investors for what will be its eighth project. The capital is provided in the form of a subordinated loan. The lot has been purchased and the building permit has been issued.

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