Question 1

How many bridge lenders serve multifamily properties in New York?

Accepted Answer

53 bridge lenders actively quote multifamily deals in the New York metro area. 9 have offices in the state. The rest are national lenders covering New York as part of their nationwide platform.

Question 2

What is the typical bridge loan rate for multifamily in New York?

Accepted Answer

Most bridge lenders in New York quote floating-rate structures, typically SOFR plus a spread of 300-600 basis points. 61% of lenders with published rate data offer floating rates. Fixed-rate bridge options exist but are less common. Actual pricing depends on leverage, sponsor experience, and property condition.

Question 3

What is the minimum bridge loan amount in New York?

Accepted Answer

The lowest published minimum across New York bridge lenders is $100K. Most institutional bridge lenders set minimums at $1M-$5M. Smaller deals under $1M typically go to hard money or regional bank lenders.

Question 4

Are bridge loans for multifamily non-recourse in New York?

Accepted Answer

50% of bridge lenders in New York with published terms offer non-recourse structures. Non-recourse availability depends on leverage, sponsor net worth, and deal size. Higher LTV deals (above 75%) usually require some form of recourse or a completion guarantee.

Question 5

How long does it take to close a bridge loan in New York?

Accepted Answer

Bridge lenders close in 2-4 weeks for clean multifamily deals in New York. The fastest close in 7-10 business days with expedited appraisals and pre-approved borrowers. Term lengths run up to 60 months. Third-party reports (appraisal, environmental, title) are the main timeline driver.

		Recourse	Rate			Term	Key Contact
Arbor Agency Lending LLC	-	-	-	-	-	-	Jeff Lee (646) 695-0633
Arbor Commercial Funding I, LLC	-	-	-	-	-	-	Daniella Muller
Arbor Realty Trust	-	-	-	-	-	-	Daniella Muller
Basis Investment Group LLC	-	-	-	-	-	Up to 204 mo	Tammy K. Jones (212) 842-5714
Churchill Real Estate	-	-	-	-	-	-	Churchill Real Estate (646) 517-5353
Express Capital Financing	-	-	-	-	-	-	Long Branch (718) 285-0806
M&T Realty Capital Corporation	-	-	-	-	-	Up to 480 mo	Michael Edelman (212) 350-2632
Ready Capital	-	-	-	-	$75.0M	-	Adam Zausmer (212) 257-4657
ReadyCap Commercial	-	-	-	-	$75.0M	-	James P. Flynn
Accolend	-	-	-	-	-	-	Accolend (201) 817-3247
American Heritage Lending	-	-	-	-	-	Up to 12 mo	American Heritage Lending (800) 745-9280
Bloomfield Capital	-	-	-	-	-	Up to 24 mo	Brandon Kling
Capital Fund 1, LLC	80%	-	Fixed/Floating	-	-	180-360 mo	Capital Fund 1, LLC (480) 210-6303
Capital Fund I	80%	-	Fixed/Floating	-	-	180-360 mo	Capital Fund I (866) 999-0398
Capital Funding Financial	65%	-	-	-	-	Up to 24 mo	Capital Funding Financial (561) 821-7186
Certain Lending	80%	Full recourse	Floating	-	-	Up to 360 mo	Tim Fazio
Cetan Funds, LLC	-	-	-	-	-	-	MARY MERRIMAN
Citibank NA	-	-	Fixed/Floating	-	-	-	Barry Krinsky (561) 362-4124
Coastal Equity Group	-	-	-	-	-	-	Robert Alex Baker
Diya Finance	80%	-	Fixed/Floating	-	$2.0M	12-18 mo	Diya Finance (720) 729-9755
DLP Capital	75%	-	Fixed	-	-	6-60 mo	Don Wenner
Dunmor	80%	-	-	-	$8.0M	6-24 mo	Dunmor (213) 772-5493
Easy Street Capital	65%	Full recourse	Fixed/Floating	-	-	3-6 mo	Easy Street Capital (404) 705-0905
First Bridge Lending	-	-	-	-	-	-	Christopher Carey
George Smith Partners	-	-	-	-	-	-	Evan Kinne
GW Private Capital, Inc.	-	-	-	-	-	-	GW Private Capital, Inc. (562) 317-7235
HD Lending, LLC	55%	-	Fixed	-	-	Up to 360 mo	HD Lending, LLC (480) 631-9318
IceCap Group	-	-	Fixed/Floating	-	-	Up to 360 mo	IceCap Group (646) 687-1812
Intrust Funding	-	-	Fixed/Floating	-	-	-	Will Heaton
KECO Capital, LLC	-	-	-	-	-	-	Candace Chase
Kennedy Funding Financial	-	-	-	-	-	Up to 60 mo	Edwin Urrego
Kiavi	-	-	-	-	-	-	Cathey Lowe
LoanEdge	75%	Non-recourse	-	-	-	-	LoanEdge (408) 785-7844
Maxim Capital Group	65%	Non-recourse	-	-	-	Up to 36 mo	Brian Steiner
Montegra Capital Resources	65%	Non-recourse	1.0% - 2.0%	-	-	-	John Richert
Navigator Private Capital	-	-	-	-	-	Up to 9 mo	Navigator Private Capital (888) 444-3160
NewPoint Real Estate Capital LLC	-	-	-	-	-	-	Geraldine Borger (301) 346-4555
Pimlico Capital	75%	-	Fixed	$100K	-	Up to 360 mo	Pimlico Capital (443) 233-0942
Property Flip Loan	-	-	-	-	-	Up to 12 mo	Property Flip Loan (443) 363-0278
RCN Capital	-	-	-	-	-	-	Alan Johnson
Rehab Financial Group	-	-	Fixed	-	-	Up to 360 mo	Rehab Financial Group (610) 890-8512
ROK Lending	-	-	Treasury +420-500bps	-	$100.0M	12-18 mo	ROK Lending (646) 552-7701
Rubicon Mortgage Fund, LLC	-	-	-	-	-	Up to 192 mo	Rubicon Mortgage Fund, LLC (925) 318-7128
SDC CAPITAL	-	-	-	-	-	-	SDC CAPITAL (747) 349-2004
SimpleCREDIT	80%	-	Fixed/Floating	-	-	Up to 24 mo	SimpleCREDIT (516) 842-9321
Stabilitas Capital	-	-	-	-	-	-	Juan Robayo
Stonecrest Financial	-	-	-	-	-	-	Jon Freeman
Stormfield Capital, LLC	-	-	-	-	-	Up to 180 mo	Stormfield Capital, LLC (203) 793-6569
Tidal Loans	75%	-	-	-	-	Up to 360 mo	Tidal Loans (832) 757-1262
Walker & Dunlop LLC	-	-	Floating	-	-	-	Ted Patch (301) 215-5580
Wilshire Finance Partners	-	-	Fixed	-	-	-	Dana S President
Yieldi	-	-	-	-	-	-	Eric Rhodes
ZINC Financial	-	-	-	-	-	12-18 mo	ZINC Financial (888) 782-0352

53 Bridge Lenders for Multifamily in New York

Bridge Lender Comparison - Multifamily in New York

Bridge Lending FAQ - Multifamily in New York

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