Procida Funding provides capital for a wide range of asset classes in the eastern region of the US, with a concentration in the New York metropolitan area. We use both our own capital and that of our strategic partners, which includes private equity funds and institutional lenders. Our experience as a borrower and developer provides us with keen insight into how to be a creative and responsible lender and investor.
Procida Advisors provides due diligence and asset management services to developers, financial institutions and private equity funds with a concentration on development, construction, bankruptcy, restructuring and marketing. Our specific services include Development Management, Construction Supervision, Restructuring, Crisis Management, Investment Banking, and Asset Management & Disposition.
- Development Management
- Construction Supervision
- Crisis Management
- Investment Banking
- Asset Management & Disposition
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.
- Real Estate Finance & Investment Magazine “Outstanding contribution award” 2016 – Procida Funding & Advisors
- Real Estate Finance & Investment Magazine “Non-bank lender of the year” 2016 – Procida Funding
- Real Estate Finance & Investment Magazine “Specialist – other” 2016 – 100 Mile Fund
- Associated Builders and Owners of Greater NY “Developer of the Year” Billy Procida
- Bronx Borough President “Citation of Merit” Billy Procida
- The Bronx Chamber of Commerce “Crystal Apple Award” Billy Procida
- “Governor’s Excellence Award in Housing” Billy Procida
- American Jewish Congress “Horace M. Kallen Award” for outstanding community service – Billy Procida
- “Pillar of the Industry Award” for Best Affordable Project in the United States, given by the National Association of Home Builders – Billy Procida
- The Mortgage Bankers Association “Man of the Year” Billy Procida
- Mid Bronx Desperado’s “Business Man of The Year” Billy Procida
- Yale University
- Columbia University
- New York University
- Cookstown University
- The 300 Club of Japan
- Neighborhood Reinvestment
- Mayor Edward 1. Koch – 1989
- Association of Real Estate Women
- “National Housing Conference” 1994 Washington, D.C
- St. Augustine School of the Arts
- Bronx Borough President International Business Affairs (Committee Chairman)
- Throgs Neck Merchants Association (Co-Founder)
- Bathgate Industrial Park Local Development Corp. (Chairman)
- Bronx Chamber of Commerce (Vice President)
“I HAD A VISION FOR NORTH BROAD. THANKS TO PROCIDA FUNDING THAT VISION IS NOW BECOMING A REALITY.”
FOLLOWING OUR FORMALIZED COLLABORATION WITH ERIC BLUMENFELD, DEVELOPER OF THE MET, I PRAYED TO GOD FOR THE MET, I PRAYED TO GOG FOR THE FINANCIAL RESOURCES TO FULFILL. OUR PORTION OF THE FISCAL COMPONENT OF THIS HUGE RESTORATION. GOD SENT BILLY PROCIDA FROM ENGLEWOOD CLIFFS, NEW JERSEY!
THE 100 MILE FUND AND BILLY PROCIDA GAVE US THE CAPITAL WE NEEDED TO START OUR CONSTRUCTION AND ORDER OUR BREWERY EQUIPMENT. WITHOUT THEM WE NEVER WOULD HAVE BEEN ABLE TO GET OUR BREWERY OPEN!
PROCIDA CAME THROUGH FOR GREYSTONE DEVELOPMENT, HELPING TO CAPITALIZE ON THE SOUND THROUGH HIS FUND, AND SOURCING THE TAKEOUT LOAN,
WHEN NO ONE ELSE UNDERSTOOD THE VISION. THIS WAS A PIONEERING DEVELOPMENT AND BILLY UNDERSTOOD THE RAW VALUE OF WHAT COULD BE, ON CITY ISLAND. IT’S SINCE PROVEN TO BE A STELLAR DEVELOPMENT IN OUR PORTFOLIO. AND FOR HIS, WE WANT TO THANK BILLY, WHO HAS BEEN A GREAT FRIEND TO THE FIRM. WE TRULY VALUE THIS RELATIONSHIP.
Every day, we strive to work with passion, creativity and honesty. Since 1995, we have worked as lender, investment banker and/or developer on well over $3B. We are not out to be the biggest, just the best for you. We hope you enjoy your visit to Procida.com, but to really understand what we can do for you, please call us or visit us anytime.