Lancewood Capital expands lending platform’s national presence in 2021


Lancewood Capital, a New York-based commercial real estate lender, continues to be a trusted source of capital for real estate investors seeking short-term bridge loans and private lenders seeking senior note financing or credit facilities.

Lancewood was founded seven years ago by a New York-based family office to invest in real estate debt. Justin Godner and Matt Schatzle, who were instrumental in founding Lancewood, attribute the company’s success and growth to its unique family office capital structure and the strength of the Lancewood team working without slack to provide the best performance to borrowers.

When asked about the platform, Justin Godner talked about Lancewood’s family office’s capitalization structure, which allows for bank-like pricing, structural creativity and tailored financing for their borrowers, which he says is the competitive advantage of the company.

Asked about the market, Matt Schatzle noted the liquidity of the debt market and the options available to borrowers today, which he said makes consistent execution very important for borrowers to retain customers. .

Stephen Zaro, who recently started with the company, noted that Lancewood’s ability to provide near-bank pricing helps the company win a lot of business.

As Lancewood continues to grow in the New York metro area – with more than $100 million in capital deployed in the region in 2020 – the company is also looking to expand into other primary markets, including Atlanta, Florida, California and Texas, according to Tino Martins, Director of Commercial Mortgages at Lancewood.

The company has been increasingly active in Florida and California, where Matt Schatzle and Stephen Zaro set up bridge loans and Justin Godner set up two $50 million senior credit facilities with $19.2 million funded to date for Florida and California based home lenders.

Here are some of the platform’s recent shutdowns:

Bridge loan of $6,450,000 to finance the completion of a construction project in the Tribeca neighborhood of New York, NY. Lancewood Capital was able to provide capital to complete the project at a near bank rate. This transaction was structured by Matt Schatzle of Lancewood.

$50,000,000 senior credit facility with initial advances of $7,500,000 and $3,300,000 for a Florida-based home lender. The underlying properties are located in Miami, Florida. This transaction was structured by Justin Godner of Lancewood.

Senior note financing of $16,020,000 for an underlying loan of $20,000,000 secured by a mixed-use building in New York, NY. This transaction was structured by Justin Godner of Lancewood.

$3,800,000 bridge loan to finance a mixed-use property in the Ybor City neighborhood of Tampa, Florida. This transaction was structured by Stephen Zaro of Lancewood.

Bridge loan of $2,850,000 to finance three properties located in the Midtown East neighborhood of New York, NY. This transaction was structured by Matt Schatzle of Lancewood.

$50,000,000 senior credit facility with an initial advance of $1,720,000 for a Seattle-based home lender. The underlying industrial property is located in Los Angeles, California. This transaction was structured by Justin Godner of Lancewood.

$6,500,000 senior note financing for an underlying loan of $12,000,000 secured by a single family residence in Miami, Florida. The underlying lender is based in Florida. This transaction was structured by Justin Godner of Lancewood.

Bridge loan of $3,410,000 to finance a 31-unit multifamily building in the Fordham Heights neighborhood of New York. This transaction was structured by Matt Schatzle of Lancewood.

$12,000,000 senior note financing for an underlying loan of $20,000,000 for the completion of a from-scratch development in the SoHo neighborhood of New York, NY. This transaction was structured by Justin Godner of Lancewood.

$1,400,000 bridge loan to finance a 26,000 square foot owner-occupied industrial building in Boynton Beach, Florida. The borrower needed a quick close to pursue an urgent acquisition opportunity. This transaction was structured by Matt Schatzle of Lancewood.

Senior note financing of $7,360,000 to fund a newly constructed condominium building in New York, NY. The units were recently put on the market and the developer needed a condominium inventory loan. This transaction was structured by Justin Godner of Lancewood.

$50,000,000 senior credit facility with an initial loan advance of $7,800,000 for a New York-based home lender. The underlying property is located in Brooklyn, NY. This transaction was structured by Justin Godner of Lancewood.

$3,000,000 bridge loan secured by an eight-unit condominium building in the Bushwick neighborhood of Brooklyn, NY and four mixed-use buildings in downtown White Plains, NY. This transaction was structured by Matt Schatzle of Lancewood.

(Visited 1 time, 1 visits today)

Previous 3 Ways Technology Is Helping The Loan Business To Scale Quickly
Next Coinbase drops 6% as it plans to launch crypto lending business