Funding

Procida Funding offers construction financing with terms that range from 9 to 24 months for all asset classes excluding single-family residential. Our team’s experience in the Tri-State area, knowledge of local markets, and background in construction offers hands-on lending that is unparalleled in the industry.

Procida Funding is a debt buyer that will purchase delinquent, distressed, or bankrupt real estate assets or loans at an appropriately priced discount.

Debtor-in-Possession (DIP) financing is available only for those borrowers in distressed financial positions and in bankruptcy. Procida Funding has a history of reorganization of DIPs borrowers and companies with distressed real estate in bankruptcy.

Procida Funding offers mezzanine financing as either a subordinated debt or preferred equity product with flexible loan terms. The financing is coupled with the contribution of our advisory services that support the business plan and strategy of the borrower. Our team offers a service above and beyond simply financing your project.

Procida Funding offers financing for buyouts of partnership interest in real estate assets and advisory services to resolve partnership disputes. Our advisory and financing team will actively work with a client to address disputes deriving from property maintenance, defaults, asset disposition, strategic planning, and restructuring. The Procida team specializes in maximizing a property’s value for each individual client.

Procida Funding offers both fixed and floating long-term loans with terms between 7 to 25 years for stabilized commercial real estate assets. Our terms are flexible and determined on a loan-by-loan basis to suit each borrower’s needs.