Everlet closes latest Eur 2 Million loan against Dublin 16 site

Dublin, Ireland – 2/6/2025 – Everlet is pleased to announce the provision of €1.1 million in funding to a property developer in Barna, Galway to support the completion of a 45-home residential development. The homes are expected to be sold to Galway County Council for use as social and affordable housing, contributing to much-needed housing supply in the region.

This investment highlights Everlet’s ability to provide innovative financing solutions to developers at a time when traditional Irish banks remain reluctant to lend, particularly in the residential development sector. By offering flexible capital structures tailored to the needs of developers,
Everlet is playing an active role in bridging the funding gap and enabling critical housing projects to reach completion.

The Barna development is another example of Everlet’s strategic focus on the Irish property sector, supporting experienced developers in delivering high-quality residential projects that align with the country’s broader housing objectives.

Everlet continues to seek new investment opportunities in the sector, providing funding solutions that support development, regeneration, and long-term housing supply across Ireland.