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Griffin Partners Secures Construction Loan

For Plotnichny Residential Project


August 2018


(Nizhny Novgorod, Russia) – Griffin Partners is pleased to announce that it has secured a construction loan for the development of the Plotnichny Residential Project with Sberbank, the largest bank in Russia.


The mixed-use development celebrated its groundbreaking at the beginning of 2018 and construction works are proceeding at full speed.


Located in the quiet historical city center, the project consists of five low-rise towers, offering a total of 65 apartments ranging from 73 to 290 square meters, five stand-alone villas, one office building and abundant underground parking. From the third floor upwards, residents will enjoy breathtaking views on Kremlin and Volga river.


The first phase of the project featuring two towers with a total of 30 apartments, office building and related parking area is expected to be completed and open to the first residents by June 2019. The second and third phases will follow afterwards.


Visit for more information.

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