Time period mortgage facility used to fund non-public lender’s origination of lined land loans to builders and sponsors within the northeast U.S.

NEW YORK, July 18, 2022 /PRNewswire/ — Crayhill Capital Administration, a New York-based, minority-owned non-public credit score supervisor targeted on asset-based investments, introduced as we speak the shut of a $100mm credit score facility with Fort Amsterdam Capital, a New York-based, vertically-integrated actual property lender. The ability will likely be collateralized by each land and industrial actual property properties within the Northeast Hall.

Fort Amsterdam Capital has deployed in extra of $200 million in debt investments throughout greater than 40 transactions since launching in 2015. The agency focuses on excessive yield bridge loans collateralized by multifamily, blended use, hospitality and different property sorts in prime MSAs throughout the US, with a concentrate on the Northeast area.

The ability, which has a two-year time period, will primarily assist the issuance of lined land loans ranging in dimension from $10-50 million.

Sloan Sutta, Managing Director and Head of Structured Actual Property at Crayhill mentioned, “We now have unimaginable respect for David and the Fort Amsterdam workforce and are excited to offer them with this credit score facility to allow the continued improvement of their enterprise. This kind of bespoke, versatile facility for a rising sponsor with a differentiated investing strategy is precisely the kind of scenario the place we’re finest positioned to be a value-added associate to a borrower. We’re proud to assist Fort Amsterdam’s continued success.”

“We’re thrilled to be working with such a collaborative and considerate capital associate in Crayhill,” commented David Schwartz, Managing Associate of Fort Amsterdam Capital.  “Our two companies have comparable elementary approaches to actual property credit score investing and each see a compelling market alternative within the present rising charge surroundings. We look ahead to using this capital to develop our enterprise and speed up our progress.”  

About Crayhill Capital Administration

Crayhill Capital Administration is a New York-based, minority-owned different asset administration agency that focuses on asset-based funding alternatives. The agency was launched in August 2015 and is registered with the U.S. SEC as an funding adviser. Crayhill strives to ship capital options by tailor-made financing buildings. Its asset-based funding methods draw on deep sector experience and relationships all through the structured finance and specialty finance markets. For extra info, please go to https://crayhill.com or e-mail [email protected].

About Fort Amsterdam Capital

Fort Amsterdam Capital is a seasoned actual property debt platform that originates short-term, excessive yielding bridge loans ranging in dimension from $5 – $100mm within the prime MSAs throughout the US with a concentrate on the Northeast Hall. 

Media contact:

Crayhill Media Contacts:
Josh Clarkson / Archana Kannan / Ethan Thomas
Prosek Companions
[email protected]

SOURCE Crayhill Capital Administration