100 Mile Fund Procida Funding

$178M

Financed

Closed

296K

Area

FINANCED

LENDER

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

Condo

FINANCED

LENDER

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

MultiFamily

$519 PPSF

250.2K sqf

FINANCED

LENDER

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

MultiFamily

$420 PPSF

44K sqf

FINANCED

LENDER

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

MultiFamily

$8.6K PPSF

1.7K sqf

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

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

New Jersey | MultiFamily | PPSF: $519

08/23/2021

FINANCED

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

New Jersey | MultiFamily | PPSF: $420