NYC Developer of The Year
Procida Advisors provides due diligence, asset management, and a wide variety of services to developers, commercial investors, financial institutions and private equity funds.
OUR FUNDING PROCESS
Originations start with sourcing new business opportunities through Procida’s vast list of contacts, including investment property owners, developers, mortgage brokers, bankers, attorneys, and other professionals.
Due Diligence is our process of following up, and ensuring that the transaction will be mutually beneficial.
Asset Management involves updating the investment files, performing periodic site visits, meeting with the borrower and other professionals, and implementing plans of action.
THE 100 MILE FUND
The 100 Mile Fund is an open-ended private investment vehicle that was established in October of 2011. The Fund is open to “accredited investors” pursuant to a Private Placement Memorandum and subject to all rules and regulations of the SEC as well as state and federal laws. The Fund creates and purchases mortgages as well as makes investments in real estate and businesses in the New York, New Jersey, Pennsylvania, and Connecticut areas. Generally within 100 miles of the New York City area.