Recent Transactions

 

2017

  • Bridgeport, Connecticut

    Repeat borrower with PBC, as well as experienced in the Bridgeport market,  acquired a SFR to renovate and sell upon completion.  PBC funded the acquisition and renovation loans.

  • Landing, New Jersey

    PBC financed the acquisition and renovation loan for a SFR acquired by a longtime borrower of PBC.  This is a fix and flip and the exit strategy is to sell the asset upon completion of project.

  • Ossining, New York

    Longtime borrower of PBC was seeking to cash-out of an existing investor single-family property.  PBC extended a two-year term.

  • Bronx, New York

    Pepe/Berard Capital provided the acquisition and rehabilitation financing for a three-family property to an experienced investor.  Loan term was one-year and investor intends to flip the property after renovation is completed.  Property was acquired via a short-sale.

  • Brooklyn, New York

    Highly experienced borrower, and longtime borrower of PBC’s, acquired a three-family property in the Bushwick section of Brooklyn.  Borrower is going to renovate the property and sell it upon completion.  PBC provided both the acquisition and rehabilitation financing.

  • Philadelphia, Pennsylvania

    New borrower to PBC is purchasing a single-family property as an investment to fix and flip.  PBC furnished the acquisition and rehabilitation financing.

  • Ulster Park, New York (#1)

    Longtime investor seeking to cash-out of his current two-family property and to use those proceeds to partially renovate the property and to acquire additional assets.  PBC provided the cash-out and the funds to renovate.

  • Ulster Park, New York (#2)

    Longtime investor seeking to cash-out of his current two-family property and to use those proceeds to partially renovate the property and to acquire additional assets.  PBC provided the cash-out and the funds to renovate.

  • West Hempstead, New York

    Longtime borrower of PBC acquiring a SFR for a fix and flip.  PBC provided both the acquisition and rehabilitation financing.  Borrower’s exit strategy is to sell the asset upon completion of the renovation.

  • Brooklyn, New York

    Provided the borrower with the capital to complete a cash-out refinance.  First time borrower of PBC’s and LTV was below 50% of the appraised value.

  • Roslyn Heights, New York

    Experienced investor is purchasing a single-family residence to rehabilitate and sell.  PBC funded both the acquisition financing along with the rehabilitation costs.

  • Brooklyn, New York

    PBC provided the capital for a partnership buy-out along with rehabilitation funding to improve a two-family property.

  • Milford, Connecticut

    Provided the acquisition capital for a single-family residence.  The property was acquired by an investor  who will be using their own funds to complete a renovation.  The exit strategy is a sale and this is the borrower’s first transaction with PBC.

  • Brooklyn, New Yrok

    Provided the capital for the refinance of a two-family investment property and the buy-out of 50% of the partnership.  Borrower will retain 100% of the LLC and all rights to the asset.

  • South Ozone Park (#1), New York

    Repeat borrower of PBC secured acquisition and rehabilitation financing for a fix and flip of a single- family home.  This was one of two deals that closed simultaneously on properties located in the same neighborhood.

  • South Ozone Park (#2), New York

    Repeat borrower of PBC secured acquisition and rehabilitation financing for a fix and flip of a single- family home.  This was one of two deals that closed simultaneously on properties located in the same neighborhood.

  • Newark, New Jersey

    Provided the capital to an investor to acquire and rehabilitate a single-family residence.

  • Bridgeport, Connecticut

    Provided the acquisition and rehabilitation financing for a fix and flip of a single-family residence.   The local investor is an experienced contractor.

  • Brentwood, New York

    Financed a fix and flip transaction for a new, but experienced, borrower.  The property is a single-family home and scope of project consists of a full rehabilitation.

  • Bronxville, New York

    Provided the take-out finance to satisfy an existing mortgage held by seller on an owner-occupied commercial condominium.

  • Brooklyn, New York

    Financed a cash-out refinance and a rehabilitation of a SFR into a Two-Family property.  Borrower is an experienced investor and has approved DOB plans.

  • Amityville, New York

    Financed another fix and flip project for a repeat borrower.  PBC supplied the capital for the purchase and rehabilitation of the property.

  • New Rochelle, New York

    PBC arranged a 25-year fixed rate, self liquidating mortgage, for a 17 unit residential refinance.  The loan-to-value was 75% of the appraised value.

  • Brooklyn, New York

    Borrower required acquisition capital to secure a two-family property to be converted into a single-family.  The term of the loan was made for 24 months to allow borrower enough time to obtain municipal approvals and complete the project.

  • Greenwich, Connecticut

    Provided the capital to a repeat borrower on a current fix and flip project so they may free up a line of credit to acquire another property.

  • Sayville, New York

    Provided the capital for a fix and flip project.  A repeat borrower acquired the owning entity of the property and PBC funded the loan within 10 calendar days.

  • New Windsor, New York

    Provide the capital to an experienced real estate investor to refinance an existing fix and flip project and convert the structure to a long term investment.  Borrower used the capital to acquire another property.

  • Jamesport, New York

    Refinanced a commercial property owned by a local business.

  • Katonah, New York

    Arranged a 25 year fixed, self liquidating, commercial mortgage for a retail property though a national insurance company.  Property is a generational asset of the borrower.

  • Mamaroneck, New York

    Provided the capital to a local investor to refinance a multi-family property.

  • Yonkers, New York

    Provided the acquisition capital for an investor to close on an investment SFR in two weeks.

  • Chester, New Jersey

    Provided the acquisition financing for an investment property that the purchaser is preparing to flip to an end-user.  PBC closed the deal in eight days from origination.

  • Brooklyn, New York

    Refinanced a mixed-use property and proceeds are being used to acquire the adjacent property.

  • Stamford, Connecticut

    Refinanced a tenant occupied single-family residence owned by an investor.  The refinance freed up cash for the owner to purchase a commercial property for their business.

  • Pelham Manor, New York

    Provided capital for business purposes which was secured by real estate.

  • Greenwich, Connecticut

    Financed the acquisition of a residential rental property in the CBD of Greenwich,CT.  Borrower is an experienced real estate investor and operator with holdings in the area.  LOAN SATISFIED

  • Brooklyn, New York

    Refinanced a three-family investor property and provided cash-out in order for the borrower to acquire another investment property.

  • New Rochelle, New York

    Financed the acquisition of a single-family residence by an experienced developer.  The developer is self-funding the renovation with the intent of a quick resale.

  • Yonkers, New York

    Financed the acquisition and rehabilitation/conversion of a two-family property.  The sponsor is an experienced real estate investor and a repeat borrower.

  • Bronx, New York

    Provided the capital to refinance a four-unit multi-family investment property in the Bronx.

  • Brooklyn, New York

    Provided the necessary capital for a business purpose and collateralized an investment property in the Bergen Beach area of Brooklyn.

  • Seaford, New York

    Financed the acquisition and rehabilitation of an investment residential fix & flip.  Very experienced borrower and closed within two weeks of obtaining file.

  • Bronx, New York

    Financed the purchase and rehabilitation of a two-family investment property for an active investor in the NYC market.

  • Bronx, New York

    Financed an acquisition and rehabilitation of a property in the Throgs Neck section of the Bronx. Property acquired by an experienced real estate investor and intends to sell the assset after the rehabilitation.

  • Jamaica, New York

    Financed the acquisition and conversion of a single-family to a two-family residence.  Property was acquired by a local investor.  LOAN SATISFIED

  • Mt. Vernon, New York

    Financed the acquisition and rehabilitation of a two-family property for an experienced investor.  Pepe/Berard closed the deal within 10 days of origination.  LOAN SATISFIED

  • Bay Shore, New York

    Financed the acquisition and rehabilitation of an investment property and closed within two weeks of origination.  LOAN SATISFIED

  • Armonk, New York

    Financed a business loan collateralized by real estate to effectuate a new real estate purchase in Florida after being served with a Time of the Essence Letter.  Closed within two weeks. LOAN SATISFIED.

  • Poughkeepsie, New York

    Financed the purchase of two four-unit multifamily buildings by an experienced investor.  Purchaser was issued a Time of the Essence letter and needed to close immediately.

2016

  • Bronx, New York

    Financed a first mortgage loan collateralized by a retail building.  Owner utilized capital to make significant improvements. *Loan was repaid in full 12/16.*

  • Briarcliff Manor, New York

    Acquired a distressed single-family property which was expanded and rehabilitated and marketed for re-sale.  Closed 12/2016.

  • Bronx, New York

    Financed a 100% occupied mixed-use property in the Mott Haven section of the Bronx.  Four residential and one commercial unit made up the tenant mix.

  • White Plains, New York

    Refinanced a 100% occupied, light industrial building.  Capital was utilized for existing mortgage payoff, partnership buy-out and working capital.

  • Queens, New York

    Sale Closed – October 2016.  Acquired a distressed multifamily property in June of 2016 that needed extensive rehabilitation and stabilization. Property was completely rehabilitated and currently in contract, all within two months of acquisition.

  • Scarsdale, New York

    Financed the acquisition and renovation/expansion of a SFR undertaken by an experienced Scarsdale based builder.

  • Mt. Vernon, New York

    Financed a light industrial building that is 100% owner occupied.  Pepe/Berard Capital received additional collateral and guarantors in exchange for a two-year term.

  • New Rochelle, New York

    Financed a mixed-use building that is 100% occupied.  The loan proceeds were used to refinance  a current mortgage and clean-up unpaid taxes.

  • Hartsdale, New York

    Financed a first mortgage loan collateralized by multiple buildings – mixed-use and special use.  Loan Satisfied 2/2017.

  • Multiple Properties in Connecticut

    Financed bridge loan collateralized by two properties in Fairfield County.  Owner used proceeds to improvements on one of the properties while marketing the other for sale.

  • New Rochelle, New York

    Financed a first mortgage loan collateralized by a mixed-use building.

  • Larchmont, New York

    Originated first mortgage loan collateralized by a mixed-use building with 13 residential units and three commercial units.

  • Valley Stream, New York

    Financed a first mortgage loan collateralized by a retail building.

  • Mt. Vernon, New York

    Acquired a distressed single-family property which was rehabilitated and sold with a total project time of six months.

  • Ossining, New York

    Acquired a distressed single-family property in need of rehabilitation. Property was rehabilitated and sold within four months of acquisition.

2015

  • New Rochelle, New York

    Financed a first mortgage loan collateralized by a commercial building.

  • New Rochelle, New York

    Originated a first mortgage loan collateralized by an eight unit commercial Property.

  • Eastchester, New York

    Originated a first mortgage loan collateralized by an eight unit multifamily property.

  • Tarrytown, New York

    Originated a first mortgage loan collateralized by a mixed-use property.  LOAN SATISFIED.

  • Port Chester, New York

    Acquired a single-family home in need of rehabilitation. Property was completely renovated and resold – total turnaround time was four months.

  • Mt. Vernon, New York

    Financed a first mortgage loan collateralized by an investment property. 

  • New Milford, Connecticut

    Acquired the mortgage of a single family home and gained the asset through a deed in lieu of foreclosure. Property was quickly sold with a total turnaround time of three months.

  • Mamaroneck, New York

    Financed a first mortgage loan collateralized by an investment property.

  • Port Chester, New York

    Financed a first mortgage loan collateralized by commercial property.

  • Queens, New York

    Originated a first mortgage loan (construction to permanent) collateralized by a multifamily property in the Flushing section of Queens consisting of 12 residential units.

  • Bronx, New York

    Originated a first mortgage loan collateralized by a ten unit multifamily property.

  • New Rochelle, New York

    Originated a first mortgage loan collateralized by a ten unit multifamily property.

  • Port Chester, New York

    Financed a first mortgage loan collateralized by an investment property to undergo rehabilitation.

  • Rye Brook, New York

    Financed a first mortgage loan collateralized by an investment property.

  • Mamaroneck, New York

    Financed a first mortgage loan collateralized by an investment property.

  • New York, New York

    Financed a first mortgage loan collateralized by ten unit multifamily property.

  • New Rochelle, New York

    Financed a first mortgage loan collateralized by mixed-use property.

  • Eastchester, New York

    Financed a first mortgage loan collateralized by an investment property.  LOAN SATISFIED.