W Financial - Recent Transactions | Commercial Bridge loan and hard money direct lender

	Recent Transactions	W Financial > Recent Transactions

$17.4M First Mortgage Bridge Loan

$11.5M Bridge Loan

$10.425M Bridge Loan

$10.25M Bridge Loan

$10,000,000 Bridge Loan

$10,000,000 Bridge Loan

$8.75M Bridge Loan

$8.75M First Mortgage Construction Loan

$6.75M Bridge Loan

$5.75M First Mortgage Bridge Loan

$5M First Mortgage Bridge Loan

$4.025M First Mortgage Loan

$4.01M Bridge Loan

$4M Bridge Loan

$4M Bridge Loan

$3.9M First Mortgage Bridge Loan

$3.1M Bridge Loan

$2.75M Bridge Loan

$2.7M First Mortgage Bridge Loan

$2.65M First Mortgage Loan

$2.6M First Mortgage Loan

$2.5 First Mortgage Bridge Loan

$2.5M Bridge Loan

$2.2M Bridge Loan

$2.1M Bridge Loan

$2M First Mortgage Loan

$1.95M Bridge Loan

$1.8M Bridge Loan

$1.45M Bridge Loan

$1.4M Bridge Loan

$1.2M Second Mortgage Loan

$1.1M First Mortgage Loan

$1.025M First Mortgage Loan

$500K First Mortgage Loan

$500K First Mortgage Loan

	$10,425,000 Bridge Loan, Upper East Side, NYC $10,425,000 Bridge Loan to facilitate completion of an assemblage of properties on Manhattan’s Upper East Side. The experienced borrower was acquiring one property and refinancing three others. The combined floor area ratio (FAR) of the properties will... [Read More]

	$10,000,000 Bridge Loan, Greenwich Village, NYC $10 million Bridge Loan which is being utilized by a successful real estate developer for the opportunistic acquisition of two contiguous mixed-use loft buildings on Broadway south of Astor Place in Greenwich Village. The Broadway loft buildings... [Read More]

	$4,000,000 Bridge Loan, Orlando, Florida $4,000,000 Bridge Loan to facilitate discounted debt buy-back on 56,810 SF retail center on 4 acres in Orlando, Florida. W’s team was on a plane to Florida within days of the borrower’s acceptance of our application. Our quick-close loan... [Read More]

	$3,100,000 Bridge Loan, Williamsburg, Brooklyn With a non-contingent contract signed, and only a short window of time to close, W Financial has provided a $3,100,000 bridge loan to finance the acquisition of a package of 11 condominium apartments in Edge and Northside Piers, two of the most... [Read More]

	$2,500,000 Bridge Loan, Upper East Side, NYC W Financial has provided a $2,500,000 first mortgage bridge loan secured by the 16 remaining units in a new 41-unit condominium development on Manhattan's Upper East Side. W's bridge loan... [Read More]

	$4,010,000 Bridge Loan, Upper East Side, NYC W has closed a $4,010,000 first mortgage bridge loan in three business days from the first phone call. The loan proceeds were needed to finance the acquisition of a development site in downtown Manhattan... [Read More]

	$1,950,000 Bridge Loan, Greenwich Village, NYC W Financial Fund has provided a $1,950,000 first mortgage bridge loan to facilitate the off-market acquisition of a multifamily townhouse on West 11th Street in Manhattan's highly desirable West Village neighborhood. Our Borrower is... [Read More]

	$4,000,000 Bridge Loan, East Orange, New Jersey W Financial closed a 9%, $4,000,000 first mortgage bridge loan secured by two apartment buildings with a total of 124 units in East Orange, NJ. The loan has a three-year term, accommodated a time-of-the-essence closing, and... [Read More] [View Published Ad]

	$2,750,000 Bridge Loan, Cobble Hill, Brooklyn Bridge Loan to acquire a 70-unit multifamily property in Cobble Hill, Brooklyn. Time-of-the-essence closing deadline. This cash-flowing property qualified for a low fixed rate. [Read More] [View Published Ad]

	$1,800,000 Bridge Loan, Jackson Heights, Queens, NY • Cash-out bridge loan. • Only one week from signed term sheet to closing. • 18,000SF cash-flowing retail property - W Financial's loan facilitated opportunistic purchase. [Read More]

	$2,500,000 Bridge Loan, Staten Island, NY • Leasehold mortgage • Well-located property with 30-year NNN lease - [Read More] [View Published Ad]

	$1,400,000 Bridge Loan, Passaic, NJ • Acquisition of defaulted first mortgage note. • Three-story, 32-unit multi-family property. • Buyers intend to make upgrades, increase rents and then refinance. [Read More] [View Published Ad]

	$8,750,000 Bridge Loan, Meatpacking District, NYC The Asset: Ground-floor retail condominium in Manhattan's Meatpacking District. The Opportunity: Owner can buy out purchase money mortgage at a significant discount if closed by year end. The Challenge: Timing - the deal must close in 3 days (in this case, by New Year's Eve). The solution: W Financial closed this deal before the Champagne started flowing. [Read More] [View Published Ad]

	$2,700,000 First Mortgage Bridge Loan, Brooklyn • Bridge loan on 3 multifamily properties in Greenpoint, Brooklyn. • The buildings have just been renovated and optimized for sale to an investor. • Our loan will refinance existing debt and provide liquidity for the completion of this and another project. [Read More] [View Ad published for this deal]

	$17,400,000 First Mortgage Bridge Loan, Brooklyn Condominium inventory loan: • Blanket loan on 38 units in 100% complete 62-unit luxury condominium building. • 24 units already sold and occupied. • Our loan will pay off the construction loan and allow the developer to rent the remaining units, and then transition to conventional financing. [Read More] [View Press Release] [View Ad published for this deal]

	$6,750,000 Pre-Development Bridge Loan, West Chelsea, NYC $6,750,000 pre-development bridge loan collateralized by various assets including three land parcels with over 42,000 SF of FAR in a prime West Chelsea location and... [Read More] [View Ad published for this deal]

	$2,200,000 Bridge Loan, Vero Beach, FL W Financial has provided a $2,200,000 loan to enable the purchase of a defaulted first mortgage. • Note Acquisition. • Unsold condo units. • One week from term sheet to closing. [Read More]

	$10,250,000 Pre-Development Bridge Loan, Union Sq. NYC Development site acquisition: • Assemblage of various parcels including IAR (inclusionary air rights). • Our First Mortgage Bridge Loan will help the developer meet the 421A deadline. • 18-story mixed-use ground-up development. • To-be-built ~60,000SF mixed-use condominium. [Read More] [View Press Release] [View Ad published for this deal]

	$5,750,000 First Mortgage Bridge Loan, West Chelsea, NYC W Financial provided a $5,750,000 loan to enable the purchase of a defaulted first mortgage from a major investment bank on a prime commercial property in West Chelsea, NYC. The borrowers are seasoned real estate investors. [Read More] [View Ad published for this deal]

	$3,900,000 First Mortgage Bridge Loan, Palmetto Bay, Florida W Financial rescued a Borrower's 1031 tax-free exchange with this rapid-close bridge loan. This leasehold mortgage loan on a brand-new triple net-leased Walgreens in Palmetto Bay, Florida went from first phone call to closing within 10 days. [Read More] [View Ad published for this deal]

	$5,000,000 First Mortgage Bridge Loan, Upper West Side, NYC First Mortgage Bridge Loan for a 5-story, 9-unit building between Riverside Drive and West End Avenue on Manhattan's Upper West Side. The property may eventually be... [Read More] [View Ad published for this deal]

	$10,000,000 Bridge Loan for a portfolio of properties including land, a gallery building and Highline Transferable Development Rights on West 21st and West 24th Streets in West Chelsea, NYC W Financial has closed a $10,000,000 bridge loan collateralized by various assets which include a first mortgage on a West Chelsea Gallery building on West 21st and West 24th Streets. [Read More] [View Press Release] [View Ad published for this deal]

	$8,750,000 First Mortgage Construction Loan for the ground-up development of 33 condominium units in Brooklyn, NY W Financial successfully funded a $8,750,000 construction loan for the ground-up development of 33 condominium units and 17 parking spaces in Crown Heights, Brooklyn. [Read More] [View Ad published for this deal]

	Portfolio Of Properties - New York City And Upstate New York $11,500,000 Bridge Loan \| Term: 1 year A blanket mortgage covering three adjacent Greenwich Village investment properties, two Chelsea penthouse apartments, a 14,000 sq. ft. Chelsea commercial building, and an estate on 200+ acres of land on the Hudson River in Upstate New York. [Read More]

	$2,650,000 First Mortgage pre-development Bridge Loan for a motel to condominium conversion in Hampton Bays, Long Island W Financial successfully funded a $2,650,000 first mortgage pre-development bridge loan for the conversion of a 64 unit motel to 30 luxury condominium units. [Read More] [View Ad published for this deal]

	$2,000,000 First Mortgage Loan for a commercial townhouse in West 12th Street in Greenwich Village, NY A world-esteemed non-profit foundation was provided with a $2,000,000 first mortgage loan collateralized by a free-and-clear Greenwich Village townhouse with a value of more than 3 times the loan amount. [Read More] [View Ad published for this deal]

	Grand Street, NYC / Office Building with Retail $2,100,000 Acquisition Bridge Loan \| Term: 12 months W Financial recently closed a $2,100,000 bridge loan in only 10 days from the initial offer for the acquisition of a commercial (office and retail) property on Manhattan's Lower East Side. [Read More]

	Williamsburg, Brooklyn - Bridge Loan for Condo Development Site $500,000 First Mortgage Loan \| Term: 1 year $500,000 first mortgage/bridge loan on a fully entitled building parcel in Williamsburg, Brooklyn. Approved building plans are now in place for a 9-story condominium building which will have excellent city views, artist studios and parking. [Read More]

	Park Avenue Townhouse Conversion $4,025,000 First Mortgage Loan \| Term: 18 months The owner of this prime Park Avenue 8-unit townhouse purchased the building in 2000 with a goal of vacating the tenants, changing the Certificate of Occupancy and then re-selling as a single-family home at a significant premium. [Read More]

	Upper East Side Multifamily Townhouse being converted to Single-Family $2,600,000 First Mortgage Loan \| Term: 1 year The Borrower, a very successful owner of a construction company, acquired this property for $3,737,500 and will immediately renovate and convert it to a single-family residence. Single-family town homes in Manhattan are in short supply and tend to sell at a premium compared to multi-unit townhouses. [Read More]

	Industrial Property - Red Hook, Brooklyn, NY $1,025,000 First Mortgage Loan \| Term: 18 months Partially owner-occupied 22,500 sq. ft. one-story industrial building in Red Hook, Brooklyn. Owner occupies 8,600 sq. ft., runs a contracting / woodworking business and has 2 tenants, 1 with 7,500 sq. ft. paying $52,800 per year and the other with 6,400 sq. ft. paying $37,800 per year. [Read More]

	Restaurant/Lounge - Sag Harbor, Long Island, NY $1,100,000 First Mortgage Loan \| Term: 1 year 11,000 sq. ft. mixed-use property (primarily an 8,000 sq. ft. restaurant/lounge) facing the marina front in Sag Harbor, Long Island. [Read More]

	Historic Brownstone Renovation - West 132nd Street, Harlem, NYC $500,000 First Mortgage Loan \| Term: 1 year An acquisition/construction loan for two active real estate investors who were fortunate to purchase this already partially renovated 3,932 sq. ft. Harlem Brownstone from an estate. [Read More]