facebook
Go ProSubmit a deal
Submit
100 Mile Fund Procida Funding

100 Mile Fund Procida Funding

Lender

Member since December 2022

$178M

Volume

—

Sold

$178M

Financed

4

Closed

296K sf

Area
AI SummaryBeta

100 Mile Fund Procida Funding is a lender specializing in multifamily properties, with a volume of $178M and 4 closed deals. Recent activity includes a $14.5M construction loan for a 46-unit condo in Northvale.

AI-generated from Traded deal data. May contain errors.

About

Procida Funding & Advisors, LLC is a direct commercial real estate lender and advisory firm providing bridge, construction, mezzanine and equity financing through its 100 Mile Fund. Since 1995, Procida Funding and related entities have been specializing in all aspects of commercial real estate and secured corporate lending. The firm has successfully completed over $2 billion in transactions. In October of 2011 Procida launched its third fund, the 100 Mile Fund, an open-ended local real estate investment fund that will give capital to builders and operators within a 100-mile radius of New York City. Since inception the Fund has closed over $155 million in projects. The fund has achieved an IRR of 15% to investors net of projected performance fees.

Top Deals

FINANCED
Share this deal
Open in a new tab
Procida Funding Provides $130M Construction Loan For 507-Unit Multifamily In Cherry Hill, NJ
New Jersey | MultiFamily | PPSF: $519
DW
08/23/2021
FINANCED
Share this deal
Open in a new tab
Procida Funding Provides $18.5M Payoff Loan For 122-Unit Multifamily Building In Jersey City, NJ
New Jersey | MultiFamily | PPSF: $420
06/15/2021
FINANCED
Share this deal
Open in a new tab
Procida Funding Provides $14.5M Construction Loan For 46-Unit Condo In Northvale
New Jersey | Condo
Richard Horowitz
Justin Horowitz
03/21/2022
FINANCED
Share this deal
Open in a new tab
Procida Funding & Advisors Provides $14.5M Loan For Multifamily Property In Northvale
New Jersey | MultiFamily | PPSF: $8620
12/23/2020

Focus

MultiFamily

Loan

Markets

Headquarters

456 Sylvan Avenue, Englewood Cliffs, NJ 07632, US

On the web

LinkedIn

Facebook

FAQs

100 Mile Fund Procida Funding has financed 4 deals.

100 Mile Fund Procida Funding's most recent deal was on March 21, 2022.

100 Mile Fund Procida Funding's largest deals include a loan of $130,000,000.00 for 700 Citation Lane, Cherry Hill, NJ, USA.
Member since: December 2022

Deals

FINANCED

Procida Funding Provides $14.5M Construction Loan For 46-Unit Condo In Northvale

199 Paris Avenue, Northvale, NJ

NJCRE
Richard Horowitz
Justin Horowitz
Mar 21, 2022
FINANCED

Procida Funding Provides $130M Construction Loan For 507-Unit Multifamily In Cherry Hill, NJ

$519/SF

700 Citation Lane, Cherry Hill, NJ, USA, Cherry Hill, NJ

NJCRE
DW
Aug 23, 2021
FINANCED

Procida Funding Provides $18.5M Payoff Loan For 122-Unit Multifamily Building In Jersey City, NJ

$420/SF

190 Academy Street, Jersey City, NJ, USA, Jersey City, NJ

NJCRE
Jun 14, 2021
FINANCED

Procida Funding & Advisors Provides $14.5M Loan For Multifamily Property In Northvale

$8,620/SF

99 Paris Avenue, Northvale, NJ, USA, Northvale, NJ

NJCRE
Dec 22, 2020