Emerald Creek Capital closes over $40 million in February

Emerald Creek Capital, a commercial real estate lender based in Manhattan, NY, has provided over $40 million in middle-market debt transactions this February. Spanning New York, Pennsylvania and Louisiana, the deals covered a variety of lending scenarios including acquisitions and value-add projects. Emerald Creek lends on high quality assets that are well located, and February's transactions exemplify this.  The collateral includes an 85-unit apartment building in Philadelphia, PA, a 5-story mixed-use building in Queens, NY, and a 14-unit retail and office building in Scarsdale, NY. Four of the eight loans were provided to repeat clients. Since 2009, investors and developers in need of financing have turned to Emerald Creek due to the firm's speed and certainty of execution. Recently Emerald Creek provided an acquisition loan in only 4 days in Jersey City, NJ. "It was an absolute pleasure to work with Emerald Creek Capital," explains Max Drivin, the borrower for the transaction. "They closed the loan in just 4 days! They were also very flexible on terms which was a huge help. The deal would not have happened without them."