Recent Transactions

 

2018

  • Brooklyn, New York

    Provided the capital for a refinance of a three-family residential property.   First-time borrower of PBC.

  • New York, New York

    PBC provided the capital to a borrower for a refinance and additional funds to complete a full renovation of a condominium unit in the Chelsea section of Manhattan.  PBC closed the deal within 14 days of receiving application.

  • Wallkill, New York

    Repeat borrower of PBC required rehabilitation financing for a single-family investment property (fix/flip).  PBC funded the rehab with flexible terms.

  • Hopewell Junction, New York

    PBC provided a cash-out refinance for a recently renovated singe-family residence.  The property is an investment and will be offered for sale within a month of closing.  Borrower is a longtime borrower with PBC and an experienced investor.

  • Branford, Connecticut

    PBC closed a cash-out refinance within two weeks of receiving file.  Borrower needed funds to purchase a new property in Florida.  Exit strategy is to sell the CT property.

  • Brooklyn, New York

    Provided a cash-out refinance to a repeat borrower. Proceeds are being used for another purchase which PBC will be the lender on that transaction.

  • Tarrytown, New York

    Provided the construction financing of a new single-family residence to a local developer known to PBC.

  • Staten Island, New York

    PBC provided the capital for the short-sale of a single-family residence.  The borrower is an experienced investor and repeat borrower of PBC.  The exit strategy is to rehabilitate the property and an eventual sale (fix and flip).  PBC extended the acquisition and rehabilitation financing.

2017

  • East Meadow, New York

    A repeat borrower approached PBC with the requirement for a cash-out refinance on an investor property.  PBC provided the capital and borrower’s exit strategy is to sell the property this spring.

  • New Windsor, New York

    PBC provided the capital for a repeat borrower requiring a cash-out refinance of a single-family residence.  Funds will be used for another real estate acquisition, which PBC will be the lender.

  • 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 York

    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.