The client has been active in land development and the execution of real estate projects since 1996. Over more than two decades of professional experience, he has successfully delivered a number of both residential and specialized projects, including land development in Kunratice, construction of family houses in Trnová, and a senior housing project. As part of the current project, the client is developing an area in Předboj near Prague. To date, 18 villas have been built in the locality, with four remaining to be finalized and sold (mainly external works and interior finishing are pending). Only three of these villas are part of the current collateral, with the fourth expected to be sold soon. The client plans to continue developing the site with the construction of eight additional villas. The current collateral consists of three completed family houses, a large plot with an existing building designated for demolition, and the planned construction of eight new villas. Building permit preparation for the new villas is currently underway. The client has long focused on the premium residential segment, which is further reflected in the additional collateral securing the loan—land plots in Trnová, where the client plans further development following the completion of the Předboj project. The financing will be structured as a loan disbursed in tranches: the first tranche is intended to refinance the existing loan, subsequent tranches will fund the completion of interiors and landscaping of the finished villas, and later tranches will be used for the construction of the new homes.