HACKENSACK, N.J., Oct. 11, 2012 /PRNewswire/ -- Silver Arch Capital Partners, a private lender specializing in providing bridge loans outside of traditional sources, has expanded its lending platform to include loans from $2 million to $5 million. Loan amounts in that range are available for hotel, retail, office, multi-family, industrial, self-storage and fractured condominium properties, as well as for well-located land parcels.
"This decision to consider smaller loans secured by real estate was made as a response to the significant number of inquiries we have been receiving," said Jeffrey Wolfer, president and CEO of Silver Arch. "We look forward to working on loans nationwide, both big and small."
Under Silver Arch's new Small Loan Program, capital is available for quick-close solutions, CMBS loan maturities, discounted loan payoffs and third-party note acquisitions. Capital is available as well for REO purchases, DIP financing and value-add opportunities.
Silver Arch Capital Partners is a leading nationwide private lender to the commercial real estate market, specializing in bridge loans to owners, investors and developers in need of funding outside the scope of traditional banks and lenders. Formed with the mission to assemble the most highly creative minds in real estate lending under a single banner, the firm recognizes the importance of access to capital in turbulent times. Its partners, who have closed over $2 billion in loans, have the knowledge and insight to guide a borrower through the entire loan process, from initial review through closing.
Drawing from various resources, including a strategic partner with a $2.5 billion balance sheet, Silver Arch offers loans from $2 million to $50 million with the flexibility and creativity to review projects of every type — multifamily, office, retail, industrial, hotel and land — and to offer funding for almost every purpose — restructurings, discounted payoffs, purchase of notes and property improvements.
SOURCE Silver Arch Capital Partners