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Procida Funding

Procida Funding

Investorcompany

Member since October 2024

Website
Website

$288M

Volume

$4M

Sold

$285M

Financed

3

Closed

265K sf

Area
AI SummaryBeta

Procida Funding is an investor company specializing in multifamily developments, recently providing a $130M construction loan for a 507-unit project in Cherry Hill, NJ. The firm has closed 4 deals and financed a total of $285M.

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
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Josh Zegen Of Madison Realty Capital And Stephen Quazzo Of Pearlmark Provide $140M Loan For Development Site In Cherry Hill
New Jersey | Development Site
Josh Zegen
SQ
06/19/2025
FINANCED
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Procida Funding Provides $130M Construction Loan For 507-Unit Multifamily In Cherry Hill, NJ
New Jersey | MultiFamily | PPSF: $519
DW
08/23/2021
FINANCED
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Procida Funding Provides $14.5M Construction Loan For 46-Unit Condo In Northvale
New Jersey | Condo
Richard Horowitz
Justin Horowitz
03/21/2022
SOLD
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Procida Funding Sells Hackensack Office Property To Undisclosed Buyer For $3.7M
New Jersey | Office | PPSF: $246
Brendan McBride
Nicolas DeCotiis
DW
04/27/2023

Focus

MultiFamily

Loan

Markets

Headquarters

570 Sylvan Ave, Englewood Cliffs, NJ 07632

On the web

Website

Instagram

LinkedIn

Facebook

FAQs

Procida Funding has financed 3 deals.

Procida Funding's most recent deal was on April 27, 2023.

Procida Funding's largest deals include a sale of $3,700,000.00 for 146 Route 17, Hackensack, NJ 07601, and a loan of $130,000,000.00 for 700 Citation Lane, Cherry Hill, NJ, USA.
Member since: October 2024

Deals

FINANCED

Josh Zegen Of Madison Realty Capital And Stephen Quazzo Of Pearlmark Provide $140M Loan For Development Site In Cherry Hill

Citation Ln , Cherry Hill, NJ

NJCRE
Josh Zegen
SQ
Jun 19, 2025
SOLD

Procida Funding Sells Hackensack Office Property To Undisclosed Buyer For $3.7M

$246/SF

146 Route 17, Hackensack, NJ 07601, New Jersey, NJ

NJCRE
Brendan McBride
Nicolas DeCotiis
DW
Apr 27, 2023
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