Black Mountain Capital (BMC) a Manhattan-based private mortgage banking firm, has opened a new office in downtown New Rochelle.
The firm, which provides real estate and business financing, is also expected to expand and open offices in Greenwich CT, the Hamptons and Florida in the near future.
The 2,500 s/f new storefront at 371 North Avenue, is staffed with loan advisors and operations personnel who provide financing for investors, developers, business owners and homebuyers.
Founded in 2011 by Alex Elezaj, BMC is headquartered at 275 Madison Avenue.
“We are excited to bring 20-plus years of Manhattan private mortgage banking experience to Westchester and become a household name and staple in the community and New York City market,” said Elezaj. “With all of the amazing things happening in Westchester, it’s an honor to be able to serve our new region.”
Last year, BMC closed over $100 million in finance deals, including the cross-collateralization of a highly leveraged loan at the newly built Hudson Yards project.