DelShah Capital, LLC forms DelShah Lending

DelShah Capital, LLC has formed DelShah Lending to originate short and long-term hard money, bridge and mezzanine loans. "DelShah has built a reputation in the New York real estate community for a rapid understanding of complex situations, and we will bring that competency to our lending platform," said Michael Shah, CEO of DelShah Capital. "Over the past few years, it has been difficult for many lenders to understand the complexities of special situations, price litigation risk, and multiparty deals with many possible outcomes; as a consequence, if they lend at all, it will be at very low loan to cost structures. With DelShah Lending, we provide an opportunity to bridge that gap in the current marketplace." DelShah Lending intends to use its expertise in real estate special situations to provide investors with financing options where other lenders will not. It will offer capital between the 60 percent loan to value that bridge loans are currently available at in the market, and the 85 percent most buyers are seeking. This includes, but is not limited to, short-term bridge financing, development projects, and distressed real estate situations. "The improvement in the real estate market has boosted real estate investment activity, and we feel that now is the perfect time to complement our core business with a lending platform," Shah stated. DelShah has an expertise in real estate special situations, including litigation. Unlike other companies that only supply capital, DelShah can also advise clients on creating value and resolving distressed situations.