Our projects represent carefully selected opportunities where capital is deployed with a clear risk framework. Each investment is structured to prioritize asset backing, predictable cash flow, and long-term value preservation across established markets.
The Terraces is a boutique luxury condo near Fort Lauderdale’s Intracoastal and Atlantic Ocean, featuring 22 high-end units. Financing was structured with a senior, asset-backed construction loan, focusing on capital protection and risk management. The project benefits from an experienced sponsor, strong presales, and a prime location near key lifestyle and employment hubs.
64 University Place – Greenwich Village is a boutique luxury condominium development in Manhattan, financed through a secured mezzanine debt structure. The project features an 11-story building with 28 luxury residences, plus ground-floor retail, supported by strong presales and an experienced sponsor, with completion targeted for February 2024.
450 Grand Avenue – Clinton Hill, Brooklyn is a new luxury condominium development project in Brooklyn, financed through a senior, first-position mortgage loan structure (with a pledge of 100% membership interests). Backed by an experienced condo developer, the project includes 39 residential units plus ground-floor retail, supported by strong neighborhood comparables and a conservative valuation approach, with the financing targeting a closing date of November 2, 2021.
54 Thompson Street – SoHo, Manhattan is a mezzanine loan financing opportunity collateralized by a 7-story mixed-use building in one of NYC’s premier submarkets. Backed by an experienced sponsor, the asset is 100% leased with strong in-place cash flow, and the business plan focuses on completing tenant buildouts and re-leasing select office floors at higher market rents. The investment is structured on a 12-month term, targeting a closing date of December 2, 2019.
541 West 21st Street – West Chelsea, Manhattan is a refinance opportunity secured by a first-position mortgage lien and a pledge of 100% membership interests in the newly redeveloped “Frame” building. The asset totals ~70,000 SF of retail and office space in a prime art-centric Manhattan submarket, with the financing designed to provide a 12-month stabilization period ahead of conventional bank takeout. The loan targets a closing date of October 19, 2021.
16 5th Avenue – Greenwich Village, Manhattan is an ultra-luxury condominium development project financed through a mezzanine loan secured by a pledge of 100% membership interests. Designed by Robert A.M. Stern Architects, the planned 19-story tower will include 14 boutique luxury condo residences, backed by an experienced sponsor, with temporary certificate of occupancy (TCO) expected in early 2025 and a target closing date of December 1, 2023.
305 East 61st Street – Upper East Side, Manhattan is a condo inventory financing opportunity backed by a first-position mortgage lien plus a mezzanine loan with a pledge of 100% membership interests in a recently completed condo property. The asset totals 14 residential units + 1 retail unit (~52,000 NSF), with a value-add renovation plan to reconfigure the residential component into 36 smaller units, targeting an after-repair value of ~$75M. The transaction targets a closing date of December 22, 2021.
