À propos
Mortgage refinancing of village stone house at Calvisson (Gard, 30), subdivided into 6 dwellings by operator DEMEURE TOSCANE (Valérie Chovet). Heavy renovation with sale of units to fit out. 5 of 6 lots already pre-marketed, first ranking mortgage and personal guarantee as security.
Plateforme · 16.0/25
A1 · Statut réglementaire
8.0/8✓ max
- agrément AMF licence AMF fonds propres-2023-33 currently valid
- Maximum regulatory status confirmed
A2 · Track Record
3.0/6
- Score adjusted thanks to live data: default 0.89% → 6pts×0.5=3.0; delay 27.54% (live) → 3pts×0.3=0.9; yield N/A → 0pts×0.2=0.0; base=3.9
- Reduction −0.9 for 26 documented CrowdRevolt projects
- Final: 3/6
A3 · Rigueur de sélection
2.0/4
- Selection process mentioned (1,160+ projects since 2008) without published rate or verifiable committee detail
- High delay rate suggests insufficient selection
A4 · Santé financière
1.0/4faible
- Accelerated receivership (Oct
- 2025), procedure closed 11/12/2025, acquisition by Advenis validated
- Stability under new owner <12 months → 1 pt (post-recent acquisition rule)
A5 · Protection investisseurs
2.0/3
- agrément AMF licensed → 1 pt minimum legal obligation (reflection period + continuity plan)
- Segregated accounts via documented third-party payment service provider → +1 pt
- No operational secondary market identified
Projet · 51.0/75
B1 · Instrument & Structure
9.0/10bon
B1.1: 5/5 - Simple obligation fixed rate French law
B1.2: 3/3 - Dedicated société dédiée (SPV) SCCV, distinct issuer, French law
B1.3: 1/2 - First ranking mortgage mentioned, registration at land registry not confirmed as of date
B2 · Opérateur & Track record
9.0/15
B2.1: 4/4 - Valérie Chovet appointed, function specified, identifiable
B2.2: 2/5 - 3 property trader transactions completed but with extensions; activity verifiable
B2.3: 2/3 - 3 transactions repaid on WiSEED but with extensions
B2.4: 1/3 - No insolvency proceeding identified but financial statements not accessible, gearing not verifiable
B3 · Garanties & Sûretés
10.0/15
B3.1: 7/9 - First ranking mortgage in course of registration plus joint and several guarantee from manager
B3.2: 2/4 - Natural person guarantor, assets not documented quantitatively
B3.3: 0/2 - No banking partner, project <€2M therefore no RF2
B4 · Structure financière
11.0/15
B4.1: 4/5 - Loan-to-Value (ratio prêt/valeur actif) 55% declared on RE-property trader, within 40-55% range
B4.2: 4/4 - Property held entirely in equity by operator; self-financing >50%
B4.3: 2/4 - No formal stress test but Loan-to-Value (ratio prêt/valeur actif) <60% partially compensates
B4.4: 1/2 - Margin not explicitly communicated; sale of units reduces operator risk
B5 · Pré-commercialisation
7.0/10
- 5 lots out of 6 pre-marketed (83%), of which 3 with buyer financing obtained
- Valid offers until 30/11/2026. >50% written commitments → 7/10 according to RE-property trader grid (majority reservations not notarised deeds)
B6 · Permis & Maturité
4.0/5bon
- Land held in equity (documented), works in progress (6-8 months planned)
- Permit to subdivide/rehabilitate obtained implicitly but clearance not confirmed
- Planning compliance partially documented
B7 · Marché & Localisation
1.0/3faible
- Calvisson: secondary market (village approximately 6,500 inhabitants), project price per metre +18% above local average
- Gard market recovering but small stone building segment at premium price is risky
- Market trend upward but secondary location and exit price above comparables
Points forts
First ranking mortgage over entire real estate property before fund drawdown
Property held in equity by operator: total contribution, no senior debt
5 of 6 lots pre-marketed, of which 3 with buyer financing confirmed
3 previous transactions fully repaid on WiSEED (existing track record)
Denormandie scheme attractive to buy-to-let investors, stimulating demand
Risques identifiés
Systematic extensions on 3 previous WiSEED transactions by operator
Sale price per metre +18% above local market average
WiSEED platform post-receivership (<12 months under Advenis), stability not confirmed
Heavy renovation of old building: risk of cost overruns and schedule delays
No banking partner identified; financing purely crowdfunded plus operator equity
⚠ Avertissement sur les risques
Investir en crowdfunding comporte un risque de perte partielle ou totale du capital, ainsi qu'un risque d'illiquidité. Selon le baromètre France FinTech / Forvis Mazars 2025, 25 à 30 % des projets accusent un retard de plus de 6 mois et 4 à 6 % entraînent une perte définitive. Ne placez jamais plus de 5 à 10 % de votre patrimoine en crowdfunding et diversifiez sur au moins 10 projets. CrowdPickr est un service d'information indépendant, non agréé en tant que conseiller en investissement. Les analyses présentées ne constituent pas un conseil en investissement personnalisé.