One of the pioneer real estate investment firms in NYC specializing in buying distressed loans and repositioning assets was seeking bridge financing for a 315,280 sf, 9-story, 40% occupied suburban office as part of an all-cash portfolio acquisition out of a CMBS distress sale to fund accretive CapEx and leasing costs and adjust equity basis.
Sponsor is the founding principal of a NYC based commercial real estate investment platform driven by the passion for revitalizing the urban cores of America’s secondary and tertiary cities with a focus on opportunistic and adaptive reuse.
The company identifies value-add and opportunistic real estate that caters to the Millennial workforce and a modern vision of urban America. Since inception in 2014, the Company has acquired $2 billion of real estate totaling approximately 16 million square feet across 49 unique markets.
JLJ Capital provides alternative financing solutions for bridge-lending, acquisitions, ground-up construction, short-term refinancing, mezzanine loans, mortgage takeout, partner buyout, preferred equity opportunities, residential fix and flip, and other real estate projects.