Real Estate Weekly
Image default
Debt & Equity

Lancewood Capital closes $20M in loans

Lancewood Capital, a direct portfolio lender owned by a New York-based family office, continues to close new transactions. Justin Godner and Matt Schatzle, the originators of the featured transactions below, attribute the firm’s ability to transact in this difficult market to the commitment of their team and the capitalization structure of the Lancewood platform.

The focus of the platform is $500,000 to $25 million bridge / special situation financing, note financing and note acquisitions.

The Lancewood team feels fortunate to provide financing solutions for borrowers in today’s challenging market.

JUSTIN GODNER

$3,200,000 bridge loan to refinance a single condo unit in the downtown neighborhood of Manhattan. This transaction was structured by Matt Schatzle.

$10,500,000 bridge loan to finance the completion of a mixed-use property in the Astoria neighborhood of Queens, NY. This transaction was structured by Justin Godner.

$4,000,000 bridge loan to finance the completion of a 40+ unit construction project in Queens, NY. This transaction was structured by Justin Godner.

$1,700,000 bridge loan to refinance a fourteen-unit multifamily property in the Charlotte Gardens neighborhood of the Bronx and an eight-unit multifamily building in Bedford- Stuyvesant, Brooklyn. This transaction was structured by Matt Schatzle.  

MATTSCHATZLE

$1,550,000 bridge loan to refinance a townhouse in the Upper West Side neighborhood of Manhattan. This transaction was structured by Justin Godner.

 $500,000 bridge loan to finance the completion of a multifamily project in the Sheepshead Bay neighborhood of Brooklyn, NY. This transaction was structured by Matt Schatzle.  

Related posts

Criterion JV refinances 22-property outdoor storage portfolio with $132.3M loan from Axos Bank

REW

JLL arranges $220M financing, equity for downtown Manhattan office-to-apartment conversion

REW

Lonicera Partners and Rabina Secure JV Equity and Financing for Downtown Brooklyn Apartment Development

REW