Loan Products

Eligible Properties


• Multifamily • Mixed-Use • Office
• Commercial • Industrial • Land

Markets


Focused on the tri-state area but can lend nationwide for the right deal

Loan Size


$150,000 – $15,000,000

Soft Deposits

Our soft deposits are structured as an assignment of the entity that is in contract to purchase the property. Once paid off, we assign the contract back. Real estate owners utilize this product when they would like to get a property in contract but don’t want to tie up their funds in a good faith deposit for 30, 60 or 90 days.


Structure

  • Fund in 48 hours or less

  • Transaction Fee: tailored to each specific deal

  • Legal Fee: typically $1,500

  • No credit checks, appraisals or underwriting fees

Mezzanine

A unique niche product, catering to borrowers seeking very short-term financing with a very quick turnaround. Clients use our mezzanine loans to get short-term funds when they are tight on cash, expecting funds in the near future from the sale or refinance of a property and are in need of a less-expensive alternative to bringing in an equity partner.


Structure

  • Our approach towards arranging gap financing solutions is fluid. We customize our fee scale based on your circumstances, the size of your loan and your considerations.

  • Typical time period: 1-4 months

Bridge

Borrowers utilize our short-term bridge loans when they need an acquisition loan and are very tight on timing. They use it as a bridge to a bridge, closing quick and keeping the loan in place long enough for another bridge lender to take it out. Alternatively, we offer more traditional, longer-term hard money loans as well


Structure

  • First position mortgage

  • 1-12 months

  • Rates: 9%-18%

  • Close: 3 days – 3 weeks

  • Up to 90% LTV and 100% of rehab