BRIDGE LENDING

We provide short-term bridge loans secured by first-mortgages on real estate primarily in New York, New Jersey, Pennsylvania, Connecticut, Maryland and Florida. Our typical loans are made in situations where conventional banks do not provide financing, either because the collateral property is not cash-flowing or needs extensive construction or in circumstances where a transaction needs to close within a tight time frame leaving insufficient time for conventional banks to close the loan.

 

We stand apart from many other bridge lenders because:

  • We provide loans from as low as $100,000 to as high as $20,000,000.

  • We offer low and fully transparent fees, which typically consist of at most a few points and no hidden costs.

  • We have complete control over our capital enabling us to close seamlessly and to provide creative and flexible financing options at favorable terms.

  • Because we own and operate many properties in the same cities in which we lend, we have high familiarity with the collateral assets and can react to a request to fund quickly, typically within 1-3 business days of receipt of a title report.

  • We do not require lengthy applications or appraisals.

  • Our terms are flexible and vary from a minimum of six months to three years, with renewal options available.

  • We loan on all property types (that are not owner-occupied), with an emphasis on multifamily and mixed-use properties.

  • We provide construction loans.

We understand what it's like to be a "borrower" intimately as we own and manage a large real estate portfolio in the same markets in which we lend. We also have full control of our loan capital. These two factors allow us to uniquely employ a "substance over form" underwriting approach that minimizes many of the onerous and unnecessary costs and "red-tape" that more corportate "form over substance" lenders employ to satify their highly institutional sources of capital.