In a market where lenders are pulling back on capital for commercial and multifamily deals, Rhine Legacy Capital remains firmly at the table. The boutique lender is providing short-term bridge loans to borrowers across the country.
Borrowers in the current market are working harder to find capital. When a borrower does find a lender who is willing to do a deal, they still have to run a gauntlet of risks to get a deal across the finish line. Does the lender have the funds to make the loan, and can they get that loan through their approval process? “Our niche as a balance sheet lender gives us very strong capabilities on timing, and it also gives us certainty of execution, which is a very big advantage if the tightening liquidity in the market continues,” says Samuel Kwadrat, founder and managing partner of Rhine Legacy Capital.
[Read More…]