The projects we fund
Professional developers · Property-backed
Due diligence on every project
Who we fund.
We invest in projects run by professional property developers: companies with a track record of delivering buildings, not first-time builders. They borrow a defined amount, for a defined period, to move a real project forward, whether that means building, finishing, improving, or bridging to a sale.
The property itself always stands behind the loan. We never invest more than 75% of what it is worth, so a cushion sits between the loan and the property's value, and every project has a defined way out, a sale or a refinancing, worked through before we invest.
What we invest in.
A wide asset mix, each project judged on the underlying opportunity and the security behind it.
Hospitality and resort
Hotels to alpine resorts
Multi-unit residential
Apartments and townhouses
Villas and residences
Purchase, restoration, new-build
Land and development
Plots ahead of a ground-up build
Heritage and restoration
Brought back to standard
Student and senior living
Operational, demand-led
Our most common asset types.
The rules for each project.
Backed by real property.
Every loan is secured against a real building or plot of land, usually with a first claim on it, which means we are first in line to be repaid if anything goes wrong.
Never more than 75% of the value.
We invest at most 75% of what the property is worth. That gap is your cushion: the property can lose value and still cover the loan.
A proven developer, and a clear way out.
We invest with companies that have successfully delivered before, and every project has a defined end: a sale or a refinancing, worked through before we invest.
A nine-step review.
Each project runs through the same nine-step check on the property, the developer, the numbers and the security. We also put at least 5% of our own capital into every case.
CHF 88M of financing arranged by Watson AM since 2024.
About the projects.
How a project is chosen, and what stands behind your money.
For anything else, write to us.
How are the real estate projects selected?
Every case runs through a nine-step due diligence review before it reaches you: the legal checks, the property and its value, the security, the borrower's track record and the plan for repayment. Loans are capped at 75% of the property's value, and only the projects that pass are offered to investors.
How much cushion sits under my money?
At least a quarter of the property's value. We lend at most 75% of what the property is worth, so the owner's own money sits beneath yours and absorbs a fall in value first. Our Casebook explains how loan-to-value is measured.
What happens to my money if a developer can't repay?
Each loan is secured against the property, usually with a first claim on it. If the developer fails to repay, that security is enforced for everyone in the case at once, and the proceeds go towards repaying investors. Every project has passed the same nine-step review before it reaches you, and Watson AM's own capital sits in the case on the same terms as yours. Our Casebook sets out what happens when a secured property loan defaults.
Which countries are the properties in?
Projects sit in eleven European countries: Switzerland, Germany, Austria, Denmark, Norway, Sweden, Finland, the United Kingdom, Spain, Italy and France. Each loan is secured under the law of the country where the property stands.