Manhattan Commercial Real Estate Lending
Bridge and short-term financing for commercial, mixed-use and investment property in Manhattan.
The market
Manhattan is the most institutional real estate market in the country, but not every deal in it is institutional. Below the level where large balance-sheet lenders operate there is a steady flow of smaller mixed-use buildings, retail condos, professional office units and walk-up apartment buildings that trade between private owners and need capital that moves quickly.
What drives deals here
Timing and complexity. A conventional Manhattan refinance is a long process, and plenty of situations cannot wait for it: a maturing loan, a partnership buyout, a contract with a hard closing date, a property caught between uses. Office in particular has been repricing, and buildings caught mid-cycle often need a bridge to reach a stabilized position.
Common situations
Bridging a purchase to a hard closing date. Refinancing a maturing loan on a property that is not yet stabilized. Funding a repositioning or conversion. Buying out a partner. Financing a retail condo or professional office unit.
Where we lend
Throughout the borough, from Lower Manhattan through Midtown and the Upper East and West Sides to Harlem and Washington Heights.
Programs available here
Commercial hard money, rehab and bridge, construction, cross collateral, cash-out refinance, DSCR rental, permanent financing and foreclosure bailout loans.
What we do not lend on
We do not lend on 1–4 unit owner-occupied residential property. Our lending is for investment and commercial real estate.