Do you want to continue to take advantage of superbonus tax drawer transfers notwithstanding the “credit spreader” rule?

Do you want to continue to take advantage of superbonus tax drawer transfers notwithstanding the “credit spreader” rule?

With the current regulatory environment, Italian banks will move away from tax drawer purchases.

We have been reasoning for some time about applicable solutions to current laws considering all the changes that have occurred. Once the credit was generated and made visible in the tax drawer, it was necessary to build a revolving mechanism to also allow those purchasing tax credits to use them to offset debit F24s.

This would have made it possible to dispose of the stock of loans and regain purchasing capacity for substandard ones. The ideal solution would have been securitization of tax drawers, but the costs of the operation structure were excessive and to the detriment of the originators.

We have created a mechanism that leads to fractionability of drawers not only by annuities, but also by monthly, weekly and daily with tax drawers of immediate compensability. The solution has become ideal for transferee companies that want to save on tax payments by purchasing tax credits at favorable rates and without risk, and at the same time it is perfect for transferring companies with liquidity needs.

We can boast daily divestment transactions supported by notarized escrow accounts, with ad hoc regulations for individual assignors and assignees, and the constant support of a network of Professionals throughout Italy.

The ABCs of Real Estate Finance: A Journey into the World of Real Estate Investment

The ABCs of Real Estate Finance: A Journey into the World of Real Estate Investment

Real estate finance represents a complex and challenging area within the investment world. This discipline integrates financial concepts with the vast and dynamic real estate market, providing investors with a strategic approach to maximizing returns through the purchase, management, and sale of properties.

Definition of Real Estate Finance:

Real estate finance is a branch of finance that focuses on investment in real estate. Involves the management and analysis of assets, cash flows, and risks associated with real estate investments. Real estate investors use traditional financial concepts, such as return, risk and time value of money, applying them to the specific context of physical properties.

Key Components of Real Estate Finance:

  1. Appraisal and Analysis: The first stage of real estate finance involves the accurate appraisal of the property. Investors should analyze factors such as geographic location, development prospects, market demand, and local economic conditions to determine the potential return on investment.
  2. Real Estate Financing: Obtaining financing for investments is often crucial in real estate finance. Investors can choose from various financing options, including traditional mortgage loans, private financing or complex structures such as mortgage-backed securities.
  3. Asset Management: After purchase, effective property management becomes critical. This includes maintenance, tenant management, and rent maximization. Careful management can significantly influence the long-term return on investment.
  4. Investment Strategies: Investors can adopt a variety of strategies, such as buying and selling properties in the short term (flipping), traditional long-term renting, or participating in real estate funds. The choice of strategy depends on the investor’s financial goals and risk tolerance.
  5. Risk and Diversification: As with any form of investment, real estate finance involves risk. Diversification of real estate portfolios can help mitigate some risks, while understanding market cycles and economic factors is essential to anticipate and address challenges.


In summary, real estate finance is a multidisciplinary field that combines finance and real estate investment. Investors must navigate through complex valuation, financing, and property management scenarios to realize profits in the dynamic real estate world. With a thorough understanding of these concepts and a well-defined strategy, real estate finance offers significant opportunities for those seeking to build and diversify their assets.