The 100 Mile Fund

TOP SPECIALTY FUND

The 100 Mile Fund is an open-ended real estate investment vehicle exclusively managed by Procida Funding, LLC.

To invest in the fund or request more information please fill out the form below:

13.06%
ANNUALIZED RETURN
$603+
MILLION ORIGINATED
$392+
MILLION REPAID

*SINCE INCEPTION | OCTOBER 2011*

100 Mile Fund Investment Portfolio

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 area’s. Generally within 100 miles of the New York City area.

Procida Funding, LLC is the exclusive Fund Manager of the 100 Mile Fund and receives fees as described in the Private Placement Memorandum that are substantially performance based.

The Fund provides a vehicle to participate in Real Estate Loans and Investments not typically available to individual investors. The Fund’s Manager seeks complete transparency with its investors and has $5 million invested in the Fund.

THE 100 MILE FUND PORTFOLIO

Current Portfolio

Tower Real Estate Holdings, LLC
Hackensack, NJ

Loan Type: Refinance
Total Loan: $3,365,000

306 West 148th Street, LLC
New York, NY

Loan Type: Construction
Total Loan: $5,225,000

140 Overlook, LLC
Hackensack, NJ

Loan Type: Construction
Total Loan: $2,000,000

38 Lexington Avenue, LLC
Brooklyn, NY

Loan Type: Construction
Total Loan: $7,650,000

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Holy Ghost I, LP
Philadelphia, PA

Loan Type: Convertible Note
Total Loan: $56,000,000

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Millennial Place, LLC
Camden, NJ

Loan Type: Acquisition
Total Loan: $6,750,000

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The Art Factory
Paterson, NJ

Loan Type: Debt Consolidation
Total Loan: $12,500,000

Middlesex Residential Urban Renewal, LLC
Middlesex, NJ

Loan Type: Construction
Total Loan: $9,200,000.00

Paid Loans

GullsCove.jpg

Gulls Cove II
Jersey City, NJ

Loan Type: Construction
Total Loan: $68,500,000

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Divine Lorraine Hotel, LP
Philadelphia, PA

Loan Type: Construction
Total Loan: $34,750,000

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10 Boulevard, LLC
Beacon, NY

Loan Type: Construction
Total Loan: $3,150,000

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Sugar Magnolia 570
Englewood Cliffs, NJ

Loan Type: Distressed Debt Buy
Total Loan: $4,200,000

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Mural Arts Lofts
Philadelphia, PA

Loan Type: Construction
Total Loan: $16,011,324

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Pfister Chemical, Inc.
Ridgefield, NJ

Loan Type: Pre-development
Total Loan: $8,750,000

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Nobility Crest at Dover, LLC
Toms River, NJ

Loan Type: Construction
Total Loan: $7,000,000

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Tower Real Estate Holdings, LLC
Hackensack, NJ

Loan Type: Refinance
Total Loan: $3,365,000

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306 West 148th Street, LLC
New York, NY

Loan Type: Construction
Total Loan: $5,225,000

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140 Overlook, LLC
Hackensack, NJ

Loan Type: Construction
Total Loan: $2,000,000

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Arbor Hill Garden Center, LLC
Sparkill, NY

Loan Type: Refinance
Total Loan: $125,000

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38 Lexington Avenue, LLC
Brooklyn, NY

Loan Type: Construction
Total Loan: $7,650,000

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Holy Ghost I, LP
Philadelphia, PA

Loan Type: Convertible Note
Total Loan: $56,000,000

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Middlesex Residential Urban Renewal LLC
Middlesex, NJ

Loan Type: Bridge
Total Loan: $9,200,000

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John’s Family
Newark, NJ

Loan Type: Refinance
Total Loan: $3,760,000

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The Club, Inc.
Jersey City, NJ

Loan Type: Refinance
Total Loan: $1,420,000

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GARFCO Urban Renewal, Corp.
Paterson, NJ

Loan Type: Refinance
Total Loan: $740,000

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1922 Hooper, LLC
Toms River, NY

Loan Type: Construction
Total Loan: $6,500,000

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Bhumi Real Estate, LLC
West Orange, NJ

Loan Type: Refinance
Total Loan: $2,130,000

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Long Valley Real Estate, LLC
Morris County, NJ

Loan Type: Refinance
Total Loan: $3,250,000

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French Town, Inc.
Frenchtown, NJ

Loan Type: Refinance
Total Loan: $480,000

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Millennial Place, LLC
Camden, NJ

Loan Type: Acquisition
Total Loan: $6,750,000

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Nyack College
Nyack, NY

Loan Type: Debt Consolidation
Total Loan: $38,500,000

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Mural West Owner, LP
Philadelphia, PA

Loan Type: Preferred Equity
Total Loan: $7,288,543

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Tuschak-Jacobson, Inc.
Franklin Park, NJ

Loan Type: Refinance
Total Loan: $7,550,000

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Vincent Portfolio
Irvington, NJ

Loan Type: Refinance
Total Loan: $1,400,000

The art factory Paterson NJ

The Art Factory
Paterson, NJ

Loan Type: Debt Consolidation
Total Loan: $12,500,000

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Hobby Lobby Marine
Toms River, NJ

Loan Type: Debt Consolidation
Total Loan: $1,750,000

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Fiesta Banquets
Wood-Ridge, NJ

Loan Type: Refinance and Rehabilitation
Total Loan: $7,000,000

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THS Properties LLC
Kenilworth, NJ

Loan Type: Bridge
Total Loan: $3,000,000

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309 Indian Trail Drive
Franklin Lakes, NJ

Loan Type: Distressed Debt Buy
Total Loan: $1,535,000

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Strategy Place Co-ops
New York, NY

Loan Type: Bridge
Total Loan: $1,350,000

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Belle Harbor 127, LLC
Queens, NY

Loan Type: Construction
Total Loan: $1,000,000

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Divine Lorraine Hotel, LP
Philadelphia, PA

Loan Type: Construction
Total Loan: $34,750,000

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677 North Broad Associates, LLC
Philadelphia, PA

Loan Type: Construction
Total Loan: $3,315,000

Picture7

Abbotts Resurrection, LP
Philadelphia, PA

Loan Type: Construction
Total Loan: $2,700,000

Picture8

Pfister Chemical, Inc.
Ridgefield, NJ

Loan Type: Pre-development
Total Loan: $8,750,000

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10 Boulevard, LLC
Beacon, NY

Loan Type: Construction
Total Loan: $3,150,000

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Marjac, LLC
West Orange, NJ

Loan Type: Bridge
Total Loan: $3,750,000

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Sycamore AA, LLC
Brooklyn, NY

Loan Type: Acquisition
Total Loan: $1,150,000

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4200-02 Chester Associates, LLC
Philadelphia, PA

Loan Type: Refinance
Total Loan: $1,200,000

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Naval Crest Associates I, LLC
Middlesex, NJ

Loan Type: Predevelopment
Total Loan: $1,900,000

Schroeder Entities
Westwood, NJ

Total Loan: $3,475,000
Loan Type: Distressed Debt Buy

JCM Investors #5
Paterson, NJ

Total Loan: $1,560,000
Loan Type Fix & Flip

JCM Investors #6
Paterson, NJ

Total Loan: $2,650,000
Loan Type: Fix & Flip

JCM Investors #7
Paterson, NJ

Total Loan: $1,027,120
Loan Type: Fix & Flip

Mia Homes
Fort Lee, NJ

$500,000
Fix & Flip

Individual Realty
Brooklyn, NY

$1,950,000
Bridge/Refinance

Grace Arnow Properties
Bronx, NY

$3,725,000
Half Built Debt Buy

Alvarez Properties
East Orange, NJ

$17,500,000
DPO/Bridge

Redev Group
Franklin Township, NJ

$3,340,000
DPO/Construction

River Park Estates
North Bergen, NJ

$3,500,000
DPO/Construction

Salem Dickerson Associates
Randolph, NJ

$2,350,000
Bridge

DTAK Realty
Freehold, NJ

$7,000,000
DPO/Construction

Sunshine Properties
Union City, NJ

$3,600,000
DPO/Construction

Loman Properties
Parsippany, NJ

$750,000
Bridge

Ladera LLC.
Harlem, NY

$10,000,000
Predevelopment/Bridge

Showba Holdings
Westwood, NJ

$750,000
Debt/Buy

SugarMill Development
Philadelphia, PA

$13,500,000
DPO/Bridge

City Island Reserve
City Island, NY

$5,500,000
Construction

190 Hands Creek
Hamptons, NY

$1,615,000
Bridge

Sycamore AA, LLC
Brooklyn, NY

$1,150,000
Acquisition

Florio Enterprise #2
Paterson, NJ

$1,200,000
Fix & Flip

520 Palisades
Jersey City, NJ

$5,200,000
Bridge

JCM Investors 1012
Paterson, NJ

$2,600,000
Fix & Flip

Summit Animal Hospital
Summit, NJ

$1,315,000
Bridge

Nobility Crest Brick
Brick, NJ

$3,500,000
Construction

1150 Hendricks Causeway
Ridgefield, NJ

$554,000
Bridge

1860 Springfield Ave
Maplewood, NJ

$3,850,000
Construction

Alliance Physical Therapy
Lodi, NJ

$3,725,000
Bridge

Rockbourne Investments
Clifton Heights, PA

$4,300,000
Bridge

One Main Street Partners
Eatontown, NJ

$1,750,000
Bridge

Sugar Magnolia 570
Englewood Cliffs, NJ

$4,200,000
Distressed Debt Buy

Nobility Crest Mixed Use
Toms River, NJ

$8,800,000
Construction

Shree Realty Management
Bayonne, NJ

$1,000,000
Bridge

125 Bell Harbor
Queens, NY

$7,700,000
DPO/Construction

MASBA New Rochelle
New Rochelle, NY

$2,125,000
Bridge

Kirkbride Medical Center
Philadelphia, PA

$13,000,000
DPO/Bridge

The Time Hotel
Nyack, NJ

$14,753,811
Construction

AMG Elton Hotel
Bronx, NY

$3,800,000
Construction

Delta Gas Station
Englewood, NJ

$1,105,704
Construction

Spring Street Realty
Elizabeth, NJ

$2,270,000
Bridge

Mace Brothers Inc.
Kearny, NJ

$1,150,000
Bridge

Mural Arts Lofts
Philadelphia, PA

$16,011,324
Construction

Spring Valley Housing
Spring Valley, NY

$1,500,000
Bridge

185 Industrial Ave
Ridgefield Park, NJ

$1,500,000
Acquisition

Hudson Valley Brewery
Beacon, NY

$2,925,000
Construction

Florio Enterprise #4
Paterson, NJ

$3,375,000
Construction

Zadies Daycare
East Orange, NJ

$3,500,000
Acquisition

Supor Industrials
Harrison, NJ

$12,800,000
Bridge

Marjac, LLC
West Orange, NJ

$3,750,000
Bridge

Romano & Son Tile
Lodi, NJ

$1,350,000
Bridge

Florio Enterprises #5
Paterson, NJ

$3,375,000
Construction

DBC Becker Portfolio
Philadelphia, PA

$3,600,000
Bridge

Beacon Main Street Theater
Beacon, NY

$4,400,000
Construction

1 East Main Street
Beacon, NY

$7,160,000
Construction

Gulls Cove II
Jersey City, NJ

$68,500,000
Construction

THS Properties LLC
Kenilworth, NJ

$3,000,000
Bridge

309 Indian Trail Drive
Franklin Lakes, NJ

$2,500,000
Distressed Debt Buy

Strategy Place Co-ops
New York, NY

$1,350,000
Bridge

Belle Harbor 127, LLC
Queens, NY

$1,000,000
Construction

Divine Lorraine Hotel, LP
Philadelphia, PA

$34,750,000
Construction

677 North Broad Associates
Philadelphia, PA

$3,315,000
Construction

Abbotts Resurrection, LP
Philadelphia, PA

$2,700,000
Construction

Pfister Chemical, Inc.
Ridgefield, NJ

$8,750,000
Pre-development

10 Boulevard, LLC
Beacon, NY

$3,150,000
Construction

INFORMATION & DISCLOSURE

What we do involves risk. What we do is also not easy. We work hard to find opportunities where we can make fair yields versus the risk we take. We do our best to serve our clients and investors as best we can and do everything possible to mitigate risk and maximize yields.

We are always exposed to the specific performance of the real estate market, the overall economy, geopolitical risk, mother nature, terrorism, and unexpected turbulence in the stock market. We believe our loans are sufficiently collateralized with real estate which can weather unexpected storms as long as we continue our hands on approach to due diligence and asset management.

We believe that real estate is a hard asset; we also believe that an asset’s performance is specifically tied to those who manage it. Thus, we put careful thought into who we do business with and where we have concern, we supplement and support management as needed with a team of seasoned third party professionals.

We always plan for the worst and work hard to make sure it never happens.

We believe that a mediocre idea implemented passionately today by the right people is better than waiting for a perfect idea to come along because in business, perfect doesn’t exist. One must improvise, adapt and overcome to succeed.

While there are thousands of government regulations to comply with, which don’t seem to protect anyone, we pride ourselves on full transparency and do our best to be in compliance with all regulations.

That’s it folks. If you invest with us the only thing I promise is that every deal we see that we want to do goes through the Fund. Management’s $5,000,000 is in the Fund right next to yours, and we’ll work hard to preserve capital and mitigate risk.

Unfortunately, past performance is not indicative of future results.

Address

570 Sylvan Avenue
Englewood Cliffs, NJ 07632United States

PHONES

Phone: +1 (201) 871-1177
Fax: +1 (201) 871-1101

CONTACTS

info@procida.com

WORKING HOURS

Monday-Friday: 9:00 AM – 5:30 PM
Saturday: Closed
Sunday: Closed