Jeff Seidler
Emerald Creek Capital
One Penn Plaza
New York, NY
(212) 239-6517
jeff@emeraldcreekcapital.com
www.emeraldcreekcapital.com
Emerald Creek Capital is a direct bridge lender based in Manhattan, NY. We provide short-term loans secured by commercial real estate. Our financing is fast, flexible and catered toward the specific requirements of each client.
Term: 1-3 years
Amortization: interest-only
Lending area: United States
Closing fee: 2-4 points
Loan amounts: $500K-$20MM
LTV up to 65%
Rates: 10%-13%
Closing time: can occur as quickly as 1-2 weeks
No prepayment penalties
Collateral types considered:
Apartment complexes
Office buildings
Mixed-use properties
Retail centers
Shopping malls
Warehouses
Single tenant
Light industrial
Urban land
Residential investment properties
Acceptable loan scenarios:
Acquisition
Refinance
Cashout refinance
Repositioning
Cosmetic upgrades
Opportunistic situation
Collateral types not considered:
Primary single family residences
Rural land
Ground-up construction