We focus on providing senior debt on cash-flowing properties, or value-add properties that our borrower will be able to transform into cash-flowing properties that can later be sold or refinanced by a bank. Our strong preference is always to provide senior debt on cash-flowing properties, or properties that will or can readily become cash-flowing. We target loans between $500,000 and $50,000,000. Larger loan applications are also welcome. While the majority of the commercial bridge loans we originate and service are in the New York Metropolitan area, if a loan meets our criteria, we are interested in loan opportunities in primary markets nationwide.
We provide first mortgage bridge loan financing for the following property types:
- Multi-family / Apartment buildings
- Mixed-use properties
- Commercial and retail co-ops and condominiums
- Retail / Shopping Centers
- Acquisitions of performing loans, defaulted loans orloan portfolios
- Office buildings
- Warehouse / Industrial
Our borrower must have a viable business plan and exit strategy along with relevant track record and experience, net worth and liquidity.