Recent Fundings

Investor required a purchase money bridge loan to acquire a multi-family slated for condo conversion.

$2,600,000
Funded: October 2018
Provided Against: Fully-leased multi-family property in Cambridge, MA
Term of Loan 1 year
Loan to Value 65%

Investor required a bridge loan to consolidate debt on a pre-war condominium on the Upper West Side.

$1,300,000
Funded: September 2018
Provided Against: 1,571 SF Pre-War Condo on the UWS in New York, NY
Term of Loan 1 year
Loan to Value 55%

Developer required a loan to acquire and rehabilitate a home in Narragansett, RI

$513,500
Funded: September 2018
Provided Against: Single family home in Sand Hill Cove, Narragansett, RI
Term of Loan 1 year
Loan to Value 60%

Real estate operator required a bridge loan to pay-off a maturing term loan.

$730,000
Funded: August 2018
Provided Against: Mixed-Use & Multi-Family portfolio in Williamstown, MA
Term of Loan 1 year
Loan to Value 59%

Real estate investor required a “fix & flip” loan for a REO property in Vinyard Haven, MA

$406,000
Funded: August 2018
Provided Against: Previous REO property in Vinyard Haven, MA
Term of Loan 1 year
Loan to Value 60%

Business owner required a quick closing bridge loan to acquire a commercial building to serve as their East Coast transshipment hub.

$500,000
Funded: July 2018
Provided Against: 6,000 SF Industrial + SFR on 8.5 acres in Agawam, MA
Term of Loan 1 year
Loan to Value 55%

Real estate investor required a first trust deed bridge loan to refinance a defaulted bank loan before selling the property

$1,200,000
Funded: June 2018
Provided Against: Fully leased 16 unit apratment building in Portland, OR
Term of Loan 1 year
Loan to Value 62%

Investors required a short-term bridge loan to sell-out a new built condominium project in the Park Slope section of Brooklyn, NY

$2,896,750
Funded: May 2018
Provided Against: 4 recently completed condos in Park Slope, Brooklyn
Term of Loan 1 year
Loan to Value 55%

Real estate investor required a bridge loan for tenant improvements and leasing commissions.

$2,500,000
Funded: May 2018
Provided Against: Unstabilized retail building in King of Prussia, PA
Term of Loan 1 year
Loan to Value 49%

Real estate investor required a short term bridge loan to recapitalize a fully-rented multi-family in the Forest Hills section of Queens, NY

$815,000
Funded: April 2018
Provided Against: Fully leased 8 unit apartment building in Forest Hills, NY
Term of Loan 1 year
Loan to Value 62%

Real estate investor required a private bridge loan to buy-out an equity partner.

$1,400,000
Funded: March 2018
Provided Against: 3-family in the Fort Green section of Brooklyn, NY
Term of Loan 1 year
Loan to Value 65%

Real estate investor required a fix & flip loan for a property located on Lake Winnipesaukee in Alton, NH

$496,600
Funded: February 2018
Provided Against: Single family investment property in Alton, NH
Term of Loan 1 year
Loan to Value 60%

Real estate developer required a bridge loan to finish construction of a single family home in East Haddam, CT

$685,000
Funded: February 2018
Provided Against: Nearly complete single family home in East Haddam, CT
Term of Loan 1 year
Loan to Value 60%

Real estate developer required a short-term cash-out loan against a recently completed condo development Jersey City, NJ

$685,000
Funded: January 2018
Provided Against: Recently constructed condo in Jersey City, NJ
Term of Loan 1 year
Loan to Value 65%

Real estate investor required a short term bridge loan to take advantage of a discounted payoff.

$625,000
Funded: December 2017
Provided Against: Investment condominimum in downtown Stamford, CT
Term of Loan 1 year
Loan to Value 60%

Real estate investor required short-term financing against an unstabilized four-family investment property in Central Harlem.

$650,000
Funded: December 2017
Provided Against: Multi-family investment property in Central Harlem, NY
Term of Loan 1 year
Loan to Value 61%

Real estate investor required an acquisition bridge loan to invest in a mobile home park in Columbus, IN

$330,000
Funded: November 2017
Provided Against: Fully-leased mobile home park in Columbus, Indiana
Term of Loan 1 year
Loan to Value 50%

Developer required short-term financing against four luxury condominium units adjacent to a private ski club in southern Vermont.

$1,000,000
Funded: November 2017
Provided Against: Four luxury condominimum units in southern VT
Term of Loan 1 year
Loan to Value 45%

Investor required a bridge loan to buy out an equity partner in a fully rented duplex.

$290,000
Funded: October 2017
Provided Against: Fully rented duplex in Stamford, Connecticut
Term of Loan 1 year
Loan to Value 58%

Investor required a loan to renovate a mixed-use building in Brooklyn, NY after fire damage.

$975,000
Funded: September 2017
Provided Against: Mixed-use property in Brooklyn, New York
Term of Loan 1.5 years
Loan to Value 24%

Real Estate investor required a fix & flip loan for a property purchased from a foreclosure auction.

$650,000
Funded: August 2017
Provided Against: Single family investment property in Saratoga Springs, NY
Term of Loan 1 year
Loan to Value 65%

Real estate investor required a bridge loan until their rental property sold.

$1,500,000
Funded: July 2017
Provided Against: Single family investment property in Greenwich, CT
Term of Loan 1.5 years
Loan to Value 45%

Real estate investor needed a bridge loan to complete their “fix and flip” project.

$460,000
Funded: July 2017
Provided Against: Single family investment property in Teaneck, NJ
Term of Loan 1 year
Loan to Value 65%

Experienced real estate investor required a cash-out bridge loan for new acquisitions

$1,820,000
Funded: July 2017
Provided Against: Eight single family homes in a waterfront Boston suburb
Term of Loan 1 year
Loan to Value 59%

Experienced investors required a construction loan to construct a modular a home in Narragansett, RI

$460,000
Funded: June 2017
Provided Against: Waterview single family house in Narragansett, RI
Term of Loan 1 year
Loan to Value 58%

Investor required speed of execution to acquire a duplex in the Richmond Hill section of Queens, NY

$260,000
Funded: May 2017
Provided Against: Fully rented duplex in Richmond Hill, NY
Term of Loan 1 year
Loan to Value 65%

Experienced investor required a short-term acquisition loan to secure mixed use building on Elk Ave.

$575,000
Funded: May 2017
Provided Against: Mixed-use property in Crested Butte, CO
Term of Loan 1 year
Loan to Value 62%

Borrower needed to close within 7 days after a previous lender failed to meet their commitment

$255,000
Funded: April 2017
Provided Against: Single family investment property in Greenwich, CT
Term of Loan 1 year
Loan to Value 55%

Developer required a quick-closing bridge loan to acquire an investment property in Greenwich, CT

$1,150,000
Funded: March 2017
Provided Against: Single family investment property in Greenwich, CT
Term of Loan 1 year
Loan to Value 53%

Real estate investor required a cash-out bridge loan against their  3-family investment property.

$600,000
Funded: March 2017
Provided Against: Fully rented multi-family in Brooklyn, NY
Term of Loan 1 year
Loan to Value 44%

Real estate investor required a cash-out bridge loan to take advantage of an investment opportunity.

$700,000
Funded: February 2017
Provided Against: Investment Condo at Riverwalk Place, Roosevelt Island
Term of Loan 1.5 years
Loan to Value 61%

Real estate developer required a  construction loan to finish a spec. home in Southbury, CT

$200,000
Funded: February 2017
Provided Against: Nearly complete single family home in Southbury, CT
Term of Loan 1 year
Loan to Value 43%

Investor required a short term  loan to acquire a condo in 30 Park Place, New York, NY.

$2,800,000
Funded: January, 2017
Provided Against: Investment condo at 30 Park Place
Term of Loan 1 year
Loan to Value 65%

Real estate investor required a short-term loan to  acquire a SFR and condo both in Greenwich, CT

$1,435,000
Funded: January 2016
Provided Against: SFR and condo in Greenwich, CT
Term of Loan 1 year
Loan to Value 55%

Investor required bridge loan to make cosmetic renovations to duplex in Nahant, MA  prior to sale

$195,000
Funded: December, 2016
Provided Against: Fully rented duplex in Nahant, MA
Term of Loan 1 year
Loan to Value 33%

Real estate developer required a bridge loan to acquire a fully-leased multi-family property on a double-lot in Astoria, NY.

$1,202,500
Funded: December, 2016
Provided Against: Multi-family property in Astoria, NY
Term of Loan 1 year
Loan to Value 65%

Real estate investor required a short term bridge loan to renovate the facade of a multi-family property in Brooklyn, NY

$700,000
Funded: December, 2016
Provided Against: Multi-family property in Brooklyn, NY
Term of Loan 1 year
Loan to Value 54%

Real estate investor required a short-term bridge loan to refinance a maturing mortgage while he divested of real estate assets.

$375,000
Funded: November, 2016
Provided Against: Single family homes in Sandy Hook, CT & Shrewsbury, VT
Term of Loan 1 year
Loan to Value 55%

Investor required a bridge loan to improve common areas of a fully-leased apartment building prior to  refinancing.

$200,000
Funded: November, 2016
Provided Against: Seven unit apartment building in Hoosick Falls, NY
Term of Loan 1 year
Loan to Value 40%

Investor required a cash-out bridge loan to make a business investment.

$350,000
Funded: October, 2016
Provided Against: Single family investment property in Barton, VT
Term of Loan 2 years
Loan to Value 40%

Experienced investor required financing to fix & flip an investment property in Stonington, CT.

$325,000
Funded: October, 2016
Provided Against: Single family investment property in Stonington, CT
Term of Loan 1 year
Loan to Value 61%

Real estate investor required a bridge loan to take advantage of a discounted pay-off.

$175,000
Funded: October, 2016
Provided Against: Six unit apartment building in Bridgeport, CT
Term of Loan 1 year
Loan to Value 55%

Real estate investor required a bridge loan to acquire and develop a prime residential lot.

$1,100,000
Funded: September, 2016
Provided Against: Waterfront residential building lot in Southampton, NY
Term of Loan 1.5 years
Loan to Value 58%

Developer required bridge loan to complete construction of a condominium.

$250,000
Funded: August, 2016
Provided Against: Residential codominimum development in Bethel, CT
Term of Loan 1 year
Loan to Value 55%

Investor required a bridge loan to capitalize on an acquisition below market value.

$655,000
Funded: July, 2016
Provided Against: Penthouse investment condo in Stamford, CT
Term of Loan 1 year
Loan to Value 63%

Investor required cash-out bright loan to make additional real estate acquisitions.

$162,500
Funded: May, 2016
Provided Against: Single family investment property in West New York, NJ
Term of Loan 1 year
Loan to Value 56%

Investor required a bridge loan to acquire a .35 AC building lot in Sag Harbor, NY

$245,000
Funded: April, 2016
Provided Against: . 35 AC building lot in Sag Harbor, New York
Term of Loan 1 year
Loan to Value 55%

Repeat customer required financing to fix & flip an investment property in Chicago, IL

$290,000
Funded: March, 2016
Provided Against: Single family investment property in Chicago, IL
Term of Loan 1 year
Loan to Value 58%

Investor required a construction loan to finish the conversion of a multi-tenanted retail plaza into a single user  office.

$150,000
Funded: March, 2016
Provided Against: Retail/office building in Union City, NJ
Term of Loan 1 year
Loan to Value 45%

Investor required a cash-out bridge loan against an investment condo. in order to make an opportunistic investment.

$550,000
Funded: March, 2016
Provided Against: Investment condominimum in Marco Island, FL
Term of Loan 1 year
Loan to Value 65%
Chicago, IL Fix & Flip

Experienced investor required a bridge loan against a fix & flip project under contract to be sold.

$215,000
Funded: February, 2016
Provided Against: Residential investment property in Chicago, IL
Term of Loan 1 year
Loan to Value 61%
Lakewood, NJ Fix & Flip Loan

Investor required financing to acquire, renovate, and resell a property which he was able to acquire out of foreclosure.

$175,000
Funded: February, 2016
Provided Against: Residential investment property in Lakewood, NJ
Term of Loan 1 year
Loan to Value 65%

Sponsor required a cash-out bridge loan to restructure debt and make leasehold improvements related to another business.

$720,000
Funded: December, 2015
Provided Against: Fully leased multi-family property in Astoria, NY
Term of Loan 1 year
Loan to Value 60%

Sponsor required a full-amortized four year bridge loan to make a business investment.

$420,000
Funded: December, 2015
Provided Against: Commercial and residential real estate in Weston, CT
Term of Loan 4 years
Loan to Value 65%

Sponsors required cash-out bridge loan to make a real estate investment in South Beach

$3,000,000
Funded: November, 2015
Provided Against: Residential investment condo in South Beach, FL
Term of Loan 1 year
Loan to Value 38%

Sponsor required bridge loan to make an opportunistic acquisition in Greenwich, CT

$200,000
Funded: October, 2015
Provided Against: Medical office condo
in Greenwich, CT
Term of Loan 1.5 years
Loan to Value 26%

Sponsor required a short term bridge loan to take advantage of a discounted payoff.

$900,000
Funded: November, 2015
Provided Against: Mixed-use two-building campus in Killingworth, CT
Term of Loan 1 year
Loan to Value 45%

Sponsor required bridge loan to repair credit prior to refinancing into a conventional loan

$562,000
Funded: September 2015
Provided Against: Mixed-use property
in Boston, MA
Term of Loan 1 year
Loan to Value 51%

Sponsor required bridge loan to renovate property prior to listing the property for sale

$275,000
Funded: August, 2015
Provided Against: Investment property
in Glen Head, NY
Term of Loan 1 year
Loan to Value 38%

Developer required construction loan to build a spec home within small sub-division.

$700,000
Funded: August, 2015
Provided Against: Single family home
in Pleasantville, NY
Term of Loan 1 year
Loan to Value 41%

Sponsor required a cash-out bridge loan to make investments in his tourism business

$470,000
Funded: June, 2015
Provided Against: Marina and restaurant
in Kennabunk, ME
Term of Loan 1 year
Loan to Value 26%

Sponsor required a cash-out bridge loan to make an opportunistic investment

$500,000
Funded: August, 2015
Provided Against: Residential investment ski house in Stratton, VT
Term of Loan 1 year
Loan to Value 37%

Sponsor required bridge loan for back-taxes and property stabilization.

$385,000
Funded: May, 2015
Provided Against: 13,000 SF office building
in Hartford, CT
Term of Loan 1 year
Loan to Value 44%

Sponsor required cash-out bridge loan to prepare property for an addition

$600,000
Funded: January, 2015
Provided Against: Single family investment home
in East Hampton, NY
Term of Loan 1 year
Loan to Value 48%

Sponsor required a cash-out bridge loan to make an opportunistic investment

$400,000
Funded: April, 2015
Provided Against: Single family investment home
in Great Falls, VA
Term of Loan 1 year
Loan to Value 35%

Sponsor required a bridge loan in order to secure favorable long term financing

$975,000
Funded: January, 2015
Provided Against: Medical office building
in Smithtown, NY
Term of Loan 1 year
Loan to Value 54%

Sponsor required a short term bridge loan to make an opportunistic acquisition

$1,325,000
Funded: December 2014
Provided Against: Single family investment property in Norwalk, CT
Term of Loan 1 year
Loan to Value 39%