York Funding LLC, a New York-based lender, provides financing for real estate professionals engaged in the development and repositioning of commercial properties
York Funding, a direct lending firm in New York serving real estate professionals, has added two loans totaling $6.5 million to its real estate fund. This move continues the company’s track record of offering adaptable financing solutions for seasoned real estate investors. The loans, backed by properties in New Jersey and Arizona, highlight the firm’s dedication to building relationships with borrowers whose financial requirements often exceed conventional lending parameters.
York Funding’s short-term commercial lending program features:
• Bridge loans reaching multi-million-dollar amounts.
• Financing for multifamily and mixed-collateral portfolios.
• Cash-out and equity recapitalization approaches.
• Loans intended for experienced real estate investors and operators.
• Fast, relationship-focused execution.
RECENT PORTFOLIO DEVELOPMENTS:
$2.0 Million Arizona Portfolio Loan, Supporting Growth and Acquisition Strategy in the Greater Phoenix Area
York Funding recently issued a $2,000,000 bridge loan, secured by a 22-unit multifamily property in Phoenix and a four-family property in Glendale, Arizona. The collateral portfolio carries an estimated value of roughly $4 million, providing significant equity coverage for this deal.
The borrowers aimed to leverage their current equity to finance further investment property acquisitions and renovations. The primary collateral consists of a fully-leased apartment complex, producing consistent income through a long-term lease. The secondary multifamily asset in Glendale is also completely occupied. This transaction illustrates York Funding’s ability to deliver liquidity solutions for borrowers with substantial real estate holdings who require rapid capital access.
$4.5 Million New Jersey Loan Unlocking Equity for Veteran Investor
In New Jersey, York Funding finalized a $4,500,000 bridge loan at a 46% loan-to-value ratio, secured by a 35-unit apartment building in Weehawken and a three-family property in North Bergen. The combined collateral value of roughly $9.7 million enabled the borrower to unlock considerable equity while preserving a conservative leverage profile.
The borrower, an experienced real estate owner and operator managing a portfolio of investment properties across New Jersey, used the financing to retire an existing mortgage within his portfolio and enhance overall capital flexibility. The primary collateral is a fully-leased apartment building generating over $930,000 annually in rental income, while the secondary property presents future value-add opportunities through minor renovations.
This closing reflects York Funding’s expertise in assessing complex portfolios and serves as a current example of the fund’s capacity to deliver tailored financing solutions for established investors seeking efficient funding access.
For additional information, please visit www.yorkfunding.com.
Diana Risse
York Funding LLC
info@yorkfunding.com
