BORROW $1 MILLION TO $150 MILLION
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 utilize both our own capital and that of our strategic partners, which includes private equity funds and institutional lenders.
111
ORIGINATED LOANS
$635+
MILLION ORIGINATED
$401+
MILLION REPAID
Procida Funding Loan Terms
Loan Amount:
$1,000,000 to $150,000,000
Loan Types:
Bridge Loans, Mezzanine Financing, Equity Financing, Construction Loans, Partnership Interest, Debtor-in-Possession, and Debt Purchases
Geography:
Investments are made within a 100-mile radius of the George Washington Bridge in New York City
Property Types:
Hotels, Industrial, Mixed-Use, Multifamily, Office, Retail, Senior Housing, Specialty (including resorts, golf courses, etc.), and rehabilitation construction resorts
Loan-to-Value:
Up to 70%
Duration:
9 – 24 months
Fees:
Starting at 1.00%
Recourse:
Flexible recourse options
Prepayment:
Flexible yield maintenance terms