Group, mortgage firm in strategic alliance to boost homeownership

The Solid Foundation Group has formed a strategic alliance with AG Mortgage Bank Plc to ensure accessible and affordable real estate for aspiring homeowners and investors across the country.

The Regional Executive (West) of AG Mortgage Bank Plc, Akachi Comfort, who spoke at the CEO’s Forum, themed “From Ownership to Legacy: Passing the Baton,” organised by Solid Foundation Group, said that the introduction of the MOFI Real Estate Investment Fund (MREIF) mortgage loan has brought a flexible and accessible financing solution to make homeownership possible for professionals and entrepreneurs.

She explained how eligible applicants can access up to ₦200 million, enjoy a 20-year flexible repayment tenor, and benefit from one of the lowest interest rates in the market, about 12 per cent yearly.

The Managing Director of Solid Foundation Group, Adetoun Otepola, an estate surveyor and valuer, said the forum served as a platform to rethink wealth beyond acquisition and explore the systems needed to preserve it. She stressed that wealth without succession is a short-term gain, but wealth with a plan becomes generational.

Otepola emphasised the importance of intentional succession and structured asset transfer, not just as a family goal, but as a national development tool. She introduced the audience to the concept of real estate as a mobility tool, explaining how international property investments can grant access to global residency, secure second citizenships, and create educational and healthcare opportunities abroad.

Among the speakers are CEO of Dayola Property and Development Company, Mr Dayo Olaiya, Managing Partner of Jackson Etti & Edu, Ms Folasade Olusanya; and Mr MD of Chateau Royal Real Estate Limited, Tobi Osonuga.

Olusanya, who delivered an insightful presentation on succession planning, wills, and probate, challenged CEOs to confront the reality of legacy and take decisive steps to protect what they’ve built. She broke down common misconceptions around succession, explained the differences between wills and trusts, and addressed emotional and cultural blocks that often delay estate planning.

Also, Osonuga stressed the need for property ownership as a means of breaking free from recurring rent payments and shared investment opportunities. He introduced HalleyVine Residence (a serene collection of loft apartments and duplexes off Monastery Road), and Citi Mall (a premium commercial development along the Lekki-Epe corridor). Both offer investors a mix of style, function and return on investment, complete with flexible payment options.

Olaiya showcased ongoing residential developments known as Heirs Park Residences in Igbo Efon, Silkwood Residence in Lekki Peninsula Scheme 1, P55 Residence in Banana Island, and Beaufort Park in Sangotedo. He emphasised the importance of homeownership and the value of investing in high-yield locations that hold both prestige and long-term appreciation.

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