Lancewood Capital Expands National Lending Platform 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 or senior note financing. 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 success and growth of the company to its unique family office capital structure and the strength of the Lancewood team that works without slack to provide the best execution to borrowers.

Asked about the platform, Justin Godner spoke about Lancewood’s family office capitalization structure, which allows for bank-like pricing, structural creativity and tailor-made financing for their borrowers, which he says constitutes the company’s competitive advantage.

When 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 for borrowers very important in order to gain loyal customers. .

Stephen Zaro, who recently joined the company, noted that Lancewood’s ability to provide prices close to the bank allows the company to gain a lot of business.

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

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

Here are some of the recent shutdowns of the platform:

$ 6,450,000 bridge loan 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 rate close to the bank. 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 mortgage 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 by 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.

A bridge loan of $ 2,850,000 to finance three buildings located in the Midtown East district 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 mortgage 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 multi-family building in the Fordham Heights neighborhood of New York. This transaction was structured by Matt Schatzle of Lancewood.

Funding of a $ 12,000,000 senior note for an underlying loan of $ 20,000,000 for the completion of a land development in the SoHo neighborhood of New York, NY. This transaction was structured by Justin Godner by 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 seize an urgent acquisition opportunity. This transaction was structured by Matt Schatzle of Lancewood.

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

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

$ 3,000,000 bridge loan secured by an eight-unit condominium 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.

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