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For Bridge Lenders, Shades Of 2009 As They Provide Liquidity To A Frozen Market

NEW YORK, April 2, 2020 — Banks backing out of deals at the last minute. Opportunities for acquisitions, but only for those that can move quickly. For companies seeking real estate capital, the last few weeks bear a striking resemblance to 2009, when traditional lenders froze up and deals began to fall through… Read more

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NEW YORK, December 31, 2019 — What was your greatest professional accomplishment in 2019? We celebrated our 10-year anniversary this year… Read more

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Emerald Creek’s Mark Penna Talks 10 Years of Bridge Lending – Commercial Observer

NEW YORK, May 23, 2019 — Happy Birthday, Emerald Creek Capital! The bridge lender turned 10 recently, having been launched at a pretty interesting time… Read more

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Olde world deal for new apartment complex – Real Estate Weekly

NEW YORK, April 3, 2019 — Emerald Creek Capital, a Manhattan-based bridge lender, provided a $10,500,000 bridge loan secured by a mixed-use building in the Olde Kensington neighborhood of Philadelphia, PA… Read more

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The SilverBrick Group completes renovation of 122 Chestnut with financing from Emerald Creek Capital, rebrands complex as SilverBrick Square – Business Insider

NEW YORK, March 20, 2019 — In late 2017, the principals of The SilverBrick Group, a real estate development firm, saw a value-add opportunity… Read more

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Year in Review 2018: Mark Bahiri, Emerald Creek Capital – New York Real Estate Journal

NEW YORK, December 18, 2018 — We closed sixty new loans this year which is a record for Emerald Creek. But what we’re most proud of is the fact that 25% of this year’s closings were to repeat borrowers… Read more

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Emerald Creek Provides Emmut $40M Bridge Loan on New Bowery Hotel – Commercial Observer

NEW YORK, November 9, 2018 — Big Apple bridge lender Emerald Creek Capital closed today on a $40 million short-term mortgage… Read more

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Emerald Creek Provides $11M construction loan for Boerum Hill apartments – Real Estate Weekly

NEW YORK, August 8, 2018 — Emerald Creek Capital has provided $11.5 million in construction financing for a mixed-use Boreum Hill development… Read more

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Emerald Creek Capital Reports 33 Loans Funded in First Half of 2018 – Business Insider

NEW YORKJuly 2, 2018 — Manhattan-based real estate lender Emerald Creek Capital (ECC) has announced that a total of 33 transactions have closed so far this year… Read more

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Emerald Creek Provides $30M Loan for Thor Equities’ Red Hoek Point – Commercial Observer

NEW YORK, June 15, 2018 — Thor Equities has nabbed a $30 million loan for its Red Hoek Point project at 280 Richards Street in Red Hook, Brooklyn, Commercial Observer has learned. Emerald Creek Capital provided the one-year loan Read more

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Emerald Creek Capital Funds Ten Loans Totaling Over $65 Million in March 2018 – Yahoo Finance

NEW YORK, April 2, 2018 — Manhattan-based real estate lender Emerald Creek Capital has announced the closing of over $65 million across 10 debt transactions during March 2018… Read more

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Emerald Creek’s Mark Bahiri Talks Bridge Lending and Competition – Commercial Observer

NEW YORK, March 19, 2018 — Emerald Creek Capital has been busy providing bridge loans to the market since 2009. Last year, it closed its largest loan to date, a $42 million condominium financing… Read more

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Emerald Creek kicks in $12M for Staten Island buy – Real Estate Weekly

NEW YORK, February 7, 2018 — Emerald Creek Capital provided $12,000,000 of acquisition financing secured by an eleven-story mixed-use building in the St. George neighborhood of Staten Island… Read more

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2017 Year in Review: Mark Bahiri, Emerald Creek Capital – New York Real Estate Journal

December 19, 2017 — What was your most notable project, deal, transaction or professional achievement in 2017? This year we funded our 250th loan transaction since inception… Read more

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CO’s 25 Under 35: The Lenders and Debt Brokers to Watch in 2017: Matthew Fantuzzi, Emerald Creek Capital – Commercial Observer

October 4, 2017 — Matthew Fantuzzi of Emerald Creek Capital has originated $130 million of loans across 25 deals over the last 12 months. One of the youngest professionals on Emerald Creek’s origination team… Read more

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Emerald Creek Capital Provides $36M Bridge Loan for Hell’s Kitchen Development – Commercial Observer

NEW YORK, September 22, 2017 –Developers Sumaida + Khurana and LENY have scored a $36 million bridge loan from Emerald Creek Capital for their luxe 34-story condo development at 611 West 56th Street… Read more

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Emerald Creek Capital Provides $42M Bridge Loan for Midtown East Condo Tower – Commercial Observer

NEW YORK, June 6, 2017 — New Empire Real Estate Development has snagged $41.5 million in bridge financing for its condominium development at 131-141 East 47th Street… Read more

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Emerald Creek Capital’s Florida Office Sees a Strong Start to 2017 – Yahoo Finance

NEW YORK, April 4, 2017 — Emerald Creek Capital, a national debt provider serving middle market commercial real estate transactions, has just announced two recent closings originated from their south Florida office… Read more

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Emerald Creek Capital Closes Eight Transactions in February 2017 – Yahoo Finance

NEW YORK, March 1, 2017 — New York-based bridge lender Emerald Creek Capital has announced that the firm closed on eight debt transactions totaling over $33 million during February 2017… Read more

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Emerald Creek Capital closes two finance deals totaling $12.65 million – New York Real Estate Journal

NEW YORK, February 21, 2017 — Emerald Creek Capital has closed two finance deals totaling $12.65 million. In the first deal, Emerald Creek provided a $9.4 million loan to refinance a townhouseRead more

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Emerald Creek Capital Closes Over $70 Million in Summer 2016 – PR Newswire

NEW YORK, September 6, 2016 — Emerald Creek Capital, a New York-based real estate bridge lender, has announced that the firm closed twelve debt transactions totaling more than $70,000,000 across eight states over the summer… Read more