The guarantees taken on projects funded on Bricks

To protect our investors' interests, Bricks puts several guarantees in place on every project offered.

Security trust (fiducie-sûreté)

Ownership of the property is transferred to a trustee (lawyer) until the debt is fully repaid. This mechanism secures the recovery of invested funds if the project owner defaults.

Conventional mortgage

If the borrower cannot repay their loan, Bricks can seize the property pledged as collateral and sell it on the market to repay investors.

Legal mortgage (formerly PPD)

It works like a conventional mortgage but applies only to existing properties. In the event of default, the property can be sold to repay investors.

Personal guarantee

The project owner pledges their personal assets. Should the project fail to be completed, their personal liability is engaged, ensuring their full commitment.

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Your questions about guarantees

No. Our real estate team selects the relevant guarantees on a case-by-case basis. The guarantees chosen are specified in the deal note of each project.
No. Guarantees aim to protect investors' interests, but investing carries a risk of capital loss and illiquidity, and returns are not guaranteed.
All applicable guarantees are detailed in the deal note available on each project's page.
Yes. Bricks is authorised by the French Financial Markets Authority (AMF) under No. FP-2023-08 and registered with the ACPR.