A Smart Alternative to Conventional Financing

We Provide Short-Term Loans Secured By Commercial Real Estate Nationwide

Term

1 - 3 years

Loan Amounts

$2 Million – $50 Million

Amortization

Interest Only

Loan to Value

Up to 65%

Lending Area

United States

Interest Rates

Starting at 7%

Repayment

No Prepayment Penalty

Closing Time

1 - 2 Weeks

PROCEEDS MAY BE USED FOR:

COLLATERAL TYPES:

Representative Closings

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Union Square Mixed-Use Buiding
$55,000,000 – New York, NY (Union Square)

Union Square Mixed-Use Buiding

In May of 2021, Emerald Creek Capital provided a $55,000,000 bridge loan in the Union Square neighborhood of New York, NY.  The loan is secured by a 6-story, Class A mixed-use retail and office building with 73,113 square feet of net rentable area. An AIA Design Award winner, the building features an iconic glass dome creating a unique, light-filled, space with soaring views overlooking Union Square. The retail component of the subject property consists of 8,467 square feet of net rentable area at grade and 6,511 square feet of retail space on the cellar level. The office component contains 58,135 square feet of net rentable area on the 2nd through 6th floors. Union Square is a central, bustling neighborhood known for trendy restaurants, sought-after retail shopping, and high-quality mixed-use buildings surrounding the iconic Union Square Park. The subject property benefits from a prime high-visibility location and is easily accessible via the 4, 5, 6, L, N, Q, R, and W trains.

 

For more information, please contact:

Jeff Seidler, Managing Director
(212) 239-6517
jseidler@emeraldcreekcapital.com

Check out our interactive map for a comprehensive look at our nationwide lending activity.

montauk waterfront property bridge loan
$18,500,000 – Montauk, NY (Long Island)

montauk waterfront property bridge loan

In April of 2021, Emerald Creek Capital provided an $18,500,000 bridge loan in the town of Montauk, NY at the easternmost end of Long Island. The loan is secured by an expansive waterfront property with sunset views over Lake Montauk. The sponsor plans to redevelop the property into a 40,000 square foot condominium complex with a 100-slip marina, spa, fitness center, pool, restaurant, and event space. Montauk is a historic and highly sought-after coastal community known for its scenic beaches, state parks, resorts, and restaurants. Among its most notable attractions is the iconic Montauk Point Lighthouse and Montauk Point State Park. The subject property is accessible from Montauk Highway and is located just minutes from the Montauk Airport.

 

For more information, please contact:

Dean Wang, Senior Vice President
(646) 561-4750
dwang@emeraldcreekcapital.com

Check out our interactive map for a comprehensive look at our nationwide lending activity.

bronx NY warehouse self-storage building
$7,080,000 – The Bronx, NY (Longwood)

bronx longwood new york warehouse self storage industrial

In February of 2021, Emerald Creek Capital provided a $7,080,000 acquisition loan in the Longwood neighborhood of the Bronx, NY. The loan is secured by a single-story warehouse on a 56,813 square foot site with 714 feet of frontage. The sponsor plans to redevelop the property into a state-of-art self-storage facility containing 2,300 climate-controlled units of varying sizes with 124,300 square feet of net rentable area. The property has ceiling heights of 16 – 18 feet, with 8 drive-in dock-high loading doors, and parking available adjacent to the building. Longwood is a densely populated neighborhood just north of Manhattan that has seen increased development in recent years. The subject property is ideally located for a self-storage facility with direct access to Bruckner Boulevard and the Bruckner Expressway and is less than 2 blocks from the 6 train.

 

For more information, please contact:

Scott Steinel, Senior Associate
(646) 237-2568
ssteinel@emeraldcreekcapital.com

Check out our interactive map for a comprehensive look at our nationwide lending activity.

tribeca condo building NY
$20,000,000 – New York, NY (Tribeca)

tribeca condo building NY

In July of 2020, Emerald Creek Capital provided a $20,000,000 bridge loan in the Tribeca neighborhood of New York, NY. The condominium inventory loan is secured by four residential units and one retail unit totaling 25,139 SF of NRA. Originally built in 1881, the property has undergone a restoration of the ornamental façade, renovation, and the addition of penthouse units. Subject to landmark designation, the luxury condominium development was designed by world-renowned architect Shigeru Ban. Ranging from 4 to 5 bedrooms in size, each residential unit is configured as a duplex with modern appliances, high ceilings, oversized windows, and living room ceiling heights up to 25 feet. The two penthouse units each have a private terrace and balcony. The full-service building offers amenities including a fitness center, yoga studio, and lounge. Tribeca is one of Manhattan’s most desirable areas, known for its cobblestone streets, luxury loft-style apartments, and some of the most notable restaurants, entertainment, and art galleries in New York. The subject property benefits from access to the 1, A, C, E, 6, J, Z, N, Q, R, and W subway lines.

For more information, please contact:

Jeff Seidler, Managing Director
(212) 239-6517
jseidler@emeraldcreekcapital.com

Check out our interactive map for a comprehensive look at our nationwide lending activity.

hoboken multifamily buildings
$4,260,000 – Hoboken, NJ (Hudson County)

hoboken multifamily buildings

In June of 2020, Emerald Creek Capital provided a $4,260,000 acquisition loan in Hoboken, New Jersey. The loan is secured by two 4-story multifamily buildings totaling 7,508 square feet. The sponsor plans to expand and renovate each building to include four 2-bedroom units. The lower-level units will benefit from rear yards and the 3rd-floor units will each contain a roof deck. Hoboken is an increasingly popular residential and business district directly across the river from Manhattan. The area consists of charming brownstones and upscale condominiums, and an abundance of shops, bars, and restaurants. Residents benefit from local parks and walkways along the Hudson River. The subject property is easily accessible by the PATH train at Hoboken Terminal and the NY Waterway Ferry service, with direct access to Manhattan.

 

For more information, please contact:

Jeff Seidler, Managing Director
(212) 239-6517
jseidler@emeraldcreekcapital.com

Check out our interactive map for a comprehensive look at our nationwide lending activity.

philadelphia apartment building olde kensington
$15,000,000 – Philadelphia, PA (Olde Kensington)

philadelphia apartment building olde kensington

In February of 2020, Emerald Creek Capital provided a $15,000,000 bridge loan in the Olde Kensington neighborhood of Philadelphia, PA. The loan is secured by a newly constructed 58,825 square foot mixed-use apartment building. The finished product will consist of 85 studio and 1-bedroom units, in addition to a ground floor retail space. Residents will enjoy spacious living areas and high-quality finishes such as quartz countertops and stainless-steel appliances. The subject property is one of two buildings within a state-of-the-art complex, offering a fitness center, on-site parking, and outdoor community spaces. Quickly becoming one of the most desirable neighborhoods in central Philadelphia, Olde Kensington appeals to young professionals with its trendy restaurants, shops, and vibrant art scene. The subject property benefits from access to the subway at Girard Avenue and a variety of bus lines.

 

For more information, please contact:

Jeff Seidler, Managing Director
(212) 239-6517
jseidler@emeraldcreekcapital.com

Check out our interactive map for a comprehensive look at our nationwide lending activity.