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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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.

walgreens retail building
$4,700,000 – Johnson City, TN, Waynesville, GA, & Sanderson, FL

walgreens retail building

In February of 2021, Emerald Creek Capital provided a $4,700,000 acquisition loan secured by three retail properties located in Johnson City, TN, Waynesville, GA, and Sanderson, FL. Each of the properties consists of a free-standing, single-tenant building currently net-leased to a national retailer: Walgreens, Family Dollar, and Dollar General, respectively. The combined net rentable area of the subject properties totals 31,930 square feet. Each property is ideally located on a central, high traffic roadway and is well-positioned to meet market demand.

 

For more information, please contact:

Matt Fantuzzi, Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

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

newark new jersey industrial property
$10,000,000 – Newark, NJ (Essex County)

newark new jersey industrial property

In December of 2020, Emerald Creek in Capital provided a $10,000,000 bridge loan in the city of Newark, New Jersey. The loan is secured by a single-story light-industrial property situated on a 5.16-acre lot with 34,000 square feet of building area and 174 parking spaces. The building is located just steps away from Newark International Airport and is currently NNN-leased to United Airlines.  It has a clear ceiling height of 18 feet with 24 individual drive-in vehicle bays. Newark Airport and its immediate area has seen significant large-scale investments in recent years and is well-positioned for light industrial properties.

 

For more information, please contact:

Mike Cleaver, Managing Director
(212) 239-6845
mcleaver@emeraldcreekcapital.com

 

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

chelsea NY mixed-use buildings
$8,000,000 – New York, NY (Chelsea)

chelsea NY mixed-use buildings

In October of 2020, Emerald Creek Capital provided an $8,000,000 acquisition loan in the Chelsea neighborhood of New York, NY. The loan is secured by two adjoining 5-story buildings with a combined gross building area of 15,371 square feet. One of the buildings is currently vacant with potential for redevelopment and the other is a mixed-use building consisting of 12 residential apartments above a restaurant on the ground floor. As one of Manhattan’s most desirable and centrally located neighborhoods, Chelsea continues to see restoration and redevelopment of its many brownstones in addition to new development of luxury condominiums and office spaces. The area is a destination for culture and art with over 200 galleries and theatres, in addition to an eclectic mix of shops, restaurants, and nightlife.  The subject property is located minutes away from Chelsea Market and the High Line, and benefits from immediate access to the A, C, E, L, 1, 2, 3, F, and M subway lines.

 

For more information, please contact:

Mike Cleaver, Managing Director
(212) 239-6845
mcleaver@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.

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.