100 Mile Fund Procida Funding
Lender
Member since December 2022
$178M
Volume—
Sold$178M
Financed4
Closed296K sf
AreaAbout
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
New Jersey | Condo
03/21/2022
Focus
MultiFamily
Loan
Markets
Headquarters
456 Sylvan Avenue, Englewood Cliffs, NJ 07632, US
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
Transaction Type
Asset Type
State
Sort By
FINANCED
Procida Funding Provides $14.5M Construction Loan For 46-Unit Condo In Northvale
199 Paris Avenue, Northvale, NJ
NJCRE
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