Lancewood Capital is expanding the lending platform’s national presence in 2021

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Lancewood Capital, a New York-based commercial real estate lender, continues to be a reliable source of capital for real estate investors seeking short-term bridging loans and home lenders seeking senior promissory note or credit facilities.

Lancewood was founded seven years ago by a New York-based family office to invest in real estate bonds. Justin Godner and Matt Schatzle, who were instrumental in founding Lancewood, attribute the company’s success and growth to its unique family office capitalization structure and the strength of the Lancewood team, who work tirelessly to provide the best execution for borrowers to offer.

When asked about the platform, Justin Godner spoke about the capitalization structure of the Lancewood family office, which enables near-bank pricing, structural creativity and tailor-made financing for their borrowers, which he believes is the company’s competitive advantage.

When asked about the market, Matt Schätzle noted the liquidity in the debt market and the options available to borrowers today, which makes it very important for borrowers to trade consistently in order to gain repeat business.

Stephen Zaro, who recently joined the company, noted that Lancewood’s ability to offer near-bank pricing enables the company to win many deals.

As Lancewood continues its growth in the greater New York area – with a capital outlay of over $ 100 million in 2020 – the company is also looking to expand in other primary markets, particularly Atlanta, Florida, California and Texas, according to Tino Martins. Lancewood’s commercial mortgage director.

The company is increasingly active in Florida and California, where Matt Schatzle and Stephen Zaro have made bridging loans and Justin Godner has set up two senior $ 50 million credit facilities, including $ 19.2 million to FL real estate lenders and CA were funded.

Below are some of the platform’s recent closings:

$ 6,450,000 bridging loan to fund the completion of a construction project in the Tribeca neighborhood of New York, NY. Lancewood Capital was able to provide capital at a near-bank rate to complete the project. This transaction was structured by Matt Schatzle of Lancewood.

$ 50,000,000 senior loan facility with initial advances of $ 7,500,000 and $ 3,300,000 to a Florida-based real estate lender. The underlying properties are in Miami, FL. This transaction was structured by Justin Godner of Lancewood.

16,020,000 senior note funding for an underlying $ 20,000,000 loan backed by a mixed-use building in New York, NY. This transaction was structured by Justin Godner of lance wood.

$ 3,800,000 bridging loan to finance a mixed-use property in the Ybor City neighborhood of Tampa, FL. This transaction was structured by Stephen Zaro of Lancewood.

$ 2,850,000 bridging loan to finance three buildings in the Midtown East neighborhood of New York, NY. This transaction was structured by Matt Schatzle of Lancewood.

$ 50,000,000 senior loan facility with an initial advance of $ 1,720,000 to a Seattle-based real estate lender. The underlying commercial property is located in Los Angeles, California. This transaction was structured by Justin Godner of Lancewood.

$ 6.5 million senior note funding for an underlying $ 12 million loan secured by a Miami, FL single family home. The underlying lender is based in Florida. This transaction was structured by Justin Godner of Lancewood.

US $ 3,410,000 bridging loan to finance a 31-unit apartment building in Fordham Heights, New York. This transaction was structured by Matt Schatzle of Lancewood.

$ 12,000,000 senior note funding for an underlying $ 20,000,000 loan to complete a basic development in the SoHo neighborhood of New York, NY. This transaction was structured by Justin Godner of lance wood.

$ 1,400,000 bridging loan to fund a 26,000 sf owner-occupied industrial building in Boynton Beach, FL. The borrower needed a quick close to pursue a time-sensitive acquisition opportunity. This transaction was structured by Matt Schatzle of Lancewood.

$ 7,360,000 senior note financing to finance a newly constructed condominium in New York, NY. The units were recently launched and the developer needed an existing condominium loan. This transaction was structured by Justin Godner of lance wood.

$ 50,000,000 senior loan facility with an initial loan advance of $ 7,800,000 to a New York-based real estate lender. The underlying property is located in Brooklyn, NY. This transaction was structured by Justin Godner of lance wood.

$ 3,000,000 bridging loan secured by an eight-unit condominium in the Bushwick neighborhood of Brooklyn, NY and four mixed-use buildings in downtown White Plains, NY. This transaction was structured by Matt Schatzle of Lancewood.

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