New Silver Expands Lending Platform with Small-Balance Commercial Real Estate Loan Program
TL;DR
New Silver's new loan program gives experienced investors a competitive edge with up to 70% LTARV financing for commercial properties from $2M to $15M.
New Silver's program offers 12-24 month loans with up to 70% LTARV and 80% LTC for qualified investors with 2+ years experience and 5 completed projects.
New Silver's lending expansion helps improve local communities by providing flexible capital to real estate investors for property development and revitalization.
New Silver now offers short-term commercial loans for multifamily, mixed-use, retail and industrial properties nationwide through their fintech platform.
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New Silver, a lending platform for real estate investors, has announced the launch of its small-balance commercial real estate loan program, marking a significant expansion of its financing offerings. The new program provides experienced investors with short-term financing options across various property types including multifamily, mixed-use, retail, and industrial properties.
The program offers loans ranging from $2 million to $15 million with terms of 12 to 24 months, featuring loan-to-after-repair-value (LTARV) ratios up to 70% and loan-to-cost (LTC) ratios up to 80%. These financing options target property purchases, purchases with rehabilitation components, and refinancing scenarios, providing flexible capital solutions for seasoned investors.
Designed specifically for investors with at least two years of experience and five completed projects, this initiative represents New Silver's strategic move beyond residential real estate lending. The company positions itself as a nationwide capital partner for experienced real estate professionals seeking reliable financing options. This expansion comes at a time when small-balance commercial real estate lending faces increasing demand from investors looking for specialized financing solutions.
The launch of this program addresses a growing need in the commercial real estate market, where traditional lenders often overlook smaller commercial transactions. By focusing on the $2-15 million range, New Silver fills a crucial gap in the market, enabling more investors to access capital for commercial property acquisitions and developments. The program's emphasis on experienced investors with proven track records ensures responsible lending practices while supporting the growth of professional real estate investment portfolios.
For more information about New Silver's lending programs, visit https://www.newsilver.com. The company's approach combines data-driven technology with high-touch customer service, aiming to provide fast approvals and execution certainty for real estate investors across the United States.
Curated from InvestorBrandNetwork (IBN)
