The housing association BRF Villa Fehr in Nättraby, Sweden, has reportedly reached a settlement with loan company Tessin, resolving a long-standing dispute that threatened to convert residents' apartments from ownership to rental units. According to reports, the settlement comes after the association faced a crisis when the entire construction project collapsed in autumn 2023. In October 2025, the association was ordered by court to pay Tessin nearly 12 million kronor for inherited debts from the original builder, Torsten Kai-Larsen.
" Residents had been living in uncertainty since the construction company went bankrupt in 2023, worrying about the fate of their apartments and investments. The settlement reportedly allows the apartments to remain as ownership units rather than being converted to rentals. Mathias Roos, chairman of the association, expressed relief, stating, "We are happy and relieved.
the association has reached a settlement with Tessin, the matter is concluded.
We are happy and relieved. Now we continue to work forward.