Emigrant Realty Finance is a nationwide lender making floating-rate balance sheet loans from $10 million to $100 million for senior debt (including senior unsecured) and $7 million to $40 million for subordinate debt. Potential Emigrant Realty Finance borrowers include: Equity, mezzanine and debt funds, Real estate developers, Real estate operators, Public REITs and Private REITs.
http://www.emigrant.com
Brooklyn, NY Ridge Street Capital has funded a $2,117,500 DSCR purchase loan on a four-unit brownstone at 535 Washington Ave. in Clinton Hill. The loan closed October 15.