Castellan Provides Bridge Loan for Brooklyn Portfolio Refinance

Living up to its reputation of providing fast, reliable execution, Castellan Capital provided a bridge loan within the space of a week for the refinancing of a mixed-use five-building portfolio in Brooklyn’s Sunset Park neighborhood. The properties included nine retail units, 40 residential apartments, and totaled 42,000 square feet.

Castellan Capital is a division of Castellan Real Estate Partners, and is a privately held direct portfolio lender that specializes in situations where conventional financing is not available. Castellan’s team of seasoned professionals makes fast decisions and closes quickly. With discretionary capital and no outside investment committee, Castellan has the flexibility to structure transactions to meet each borrower’s unique requirements.

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Castellan Provides Bridge Financing for Hudson Yards Boutique Hotel

Castellan Capital provided $13 million in bridge financing for the refinance of a boutique hotel in the Hudson Yards neighborhood of Manhattan. The stylish hotel is adjacent to the Hudson Yards development project, which is the largest private real estate development in the history of the United States, and the largest in New York City since Rockefeller Center.

Castellan Capital is a division of Castellan Real Estate Partners, and is a privately held direct portfolio lender that specializes in situations where conventional financing is not available. Castellan’s team of seasoned professionals makes fast decisions and closes quickly. With discretionary capital and no outside investment committee, Castellan has the flexibility to structure transactions to meet each borrower’s unique requirements.

Financing for a Maryland Senior Community

Speed is not usually a quality one associates with real estate loan closings. Yet In just one week, Castellan Capital, a division of Castellan Real Estate Partners, provided $5.4 million in bridge financing for the acquisition of an age-restricted (55+) Senior Community in Maryland. Because the firm has discretionary capital and a small, experienced, and well-informed investment committee, it has the ability to close within much shorter time periods than traditional mortgage lenders. This has been of great value to developers working within tight timeframes.

Castellan Capital is a privately held direct portfolio lender that specializes in situations where conventional financing is not available. Castellan’s team of seasoned professionals makes fast decisions and closes quickly. With discretionary capital and no outside investment committee, Castellan has the flexibility to structure transactions to meet each borrower’s unique requirements.

Speed Was of the Essence – East Village Multifamily Acquisition

Castellan Capital provided a $5.5 million bridge loan for the acquisition of a multifamily building in Manhattan’s popular East Village neighborhood. The borrower needed a speedy close in order to effectuate a 1031 exchange within the required timeframe. Castellan accommodated the borrower’s needs, closing the loan in just 6 days and processing the loan during the Memorial Day weekend.

Castellan Capital, which is a division of Castellan Real Estate Partners, provides fast flexible, and reliable commercial real estate loans. Castellan is a privately held direct portfolio lender that specializes in situations where conventional financing is not available.

Castellan Capital’s team of seasoned professionals makes fast decisions and closes quickly. With discretionary capital and no outside investment committee, Castellan has the flexibility to structure transactions to meet each borrower’s unique requirements.