Commercial Lending Blog

Posted on Mar,31 2021
by Brenda Sigurdson

Hard Money Lenders

– How to Find a Hard Money Lender for Your Commercial Real Estate Investment

Once you decide that hard money is the way to go, the next step is to find the right lender for you. Hard money loans can be useful tools for a real estate investor, however, not every lender will be a fit for your investment. As we all know, when you find a deal, you need to move quickly, but don’t let that need for speed discourage you from performing some basic due diligence on the lenders you contact. Step One: Stop Comparing Hard Money Lenders with Traditional Lending Sources The fi...

– $4,000,000 First Mortgage – Development Site – Bronx, NY

  $4,000,000 First Mortgage - Bronx Development Site An up and coming developer contacted H&O Capital Funding looking for some financing for his development project in the West Bronx. The borrower needed cash to start the demolition and construction on 5 contiguous lots, currently improved by vacant two-family homes on each lot. The developer was referred to H&O Capital by their architect, who is a long time friend of H&O, as well as a previous borrower. The sites co...

Posted on Mar,02 2021
by Rich Salinaro


Posted on Mar,01 2021
by Rich Salinaro

– $1,300,000 First Mortgage – Freemason owned Mixed-Use property – Brooklyn, NY

  $1,300,000 First Mortgage - Freemason owned Mixed-Use Property- Brooklyn, NY This was another repeat borrower for H&O Capital Funding, and they coincidentally were also a fraternal order of Freemasons based out of Brooklyn.  The borrowers had an existing first mortgage with H&O for $750,000 and needed to clear some cash for property improvements. The retail space at the property is fully leased to a small grocery store and the Freemasons occupy the upper 3 floors, whe...

– $450,000 Second Mortgage – Masonic Temple – Brooklyn, NY

  $450,000 Second Mortgage - Masonic Temple - Brooklyn, NY A fraternal order of Freemasons based out of Brooklyn, NY came back to H&O Capital Funding looking for a bit more cash to help clear off some debts that had accumulated during the pandemic. The borrowers, who rely on the proceeds from renting out the temple for various events, have not been able to host an event since the pandemic began. There really wasn't a good option to quickly raise some funds to take care of th...

Posted on Mar,01 2021
by Rich Salinaro


Posted on Feb,23 2021
by Brenda Sigurdson

Hard Money Lenders

– What Is the Difference Between a Hard Money Loan and Bridge Loan?

If you’re planning on using an alternative to conventional lending on a real estate investment, you may look into a hard money loan or bridge loan, but how do you know which one to choose? Find out the specifics ahead of time to know which is a better fit for your scenario. Knowing the difference between a bridge loan and a hard money loan is almost as straightforward as exploring the definition of each. Once you understand how the two terms are explained, the distinction between a bridge l...

– Fact: Hard Money Loans Could Be a Better Option

There’s a lot of misinformation and misunderstanding out there about hard money loans, but they can be a lot more effective than people think. The problem is that a quick Internet search will return tons of results with headlines like: “What to Watch Out For” “The Pitfalls of Hard Money Loans” “Are Hard Money Loans Worth It?” When you’re inundated with those as your first search results, it’s easy to dismiss hard money loans for your investing needs. With a bit mo...

Posted on Jan,26 2021
by Brenda Sigurdson

Houlihan & O'Malley Commercial Real Estate

Posted on Jan,21 2021
by Rich Salinaro

– $450,000 First Mortgage – 3-Family Bronx Investment

  H&O Capital Funding Closes $450,000 Loan Due to the Covid-19 pandemic, the borrower in this deal was hitting a lot of roadblocks as he tried to pay off his current mortgage that was coming due. Having only recently completed his renovation, the borrower did not have time to find tenants during this challenging period for landlords. A number of lenders turned him down indicating they would only proceed once the property was stabilized. In stepped H&O Capital Funding, wh...

– $1,300,000 First Mortgage – Medical Office – Yonkers, NY

H&O Closes $1,300,000 First Mortgage on Medical Space This borrower was in a tight spot when they came to H&O Capital for financing on their repurchase of a property from bankruptcy. Having successfully bid for the property, the borrower had very little time to come up with the cash for the purchase. He needed a lender knowledgeable of the market and location who wouldn't be deterred by a borrower coming out of bankruptcy.  H&O Capital stepped up and provided the funding ...

Posted on Jan,06 2021
by Rich Salinaro


Posted on Jan,05 2021
by Rich Salinaro

– $2,450,000 First Mortgage – Ground Leased Site – Brooklyn, NY

H&O Closes $2,450,000 First Mortgage on Brooklyn site This was another unique situation that needed a lender with know-how and experience to get closed quickly. In this deal, the borrower owns an old movie theater with a partner that is now encumbered by a 99-year ground lease to a developer. In and of itself, this is not all that unique a situation, however, only one of the owners (the borrower) was looking for financing creating an odd scenario. Thankfully for the borrower, H&am...

– $16,700,000 First Mortgage – Development Site – Bronx, NY

  $16,700,000 First Mortgage - Bronx Land H&O Capital Funding recently closed on a $16,700,000 first mortgage for the purchase of an approximately 59,000 SF site with R9A zoning and a C2-4 commercial overlay. The site is currently occupied by the purchaser, who had an option to purchase the site in his lease. Talk about being in the right place at the right time! The owner plans on flipping the property to a developer to take advantage of the huge amount of as-of-right build...

Posted on Jan,05 2021
by Rich Salinaro


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