Proud to Support Connecticut's Commercial Real Estate Investors
Connecticut has a diverse economy driven by agriculture, insurance, technology, finance, and manufacturing. It’s home to many Fortune 500 companies including United Technologies, Xerox, United Rentals, and more. The state’s growing job market continues to attract top talent from across the nation, all needing a place to live. Combined with increasing home prices, this makes Connecticut a great market for real estate investors and developers interested in investing in multifamily properties.
Our Connecticut lending team understands the local market dynamics and will be your advocate from day one through the completion of your project. Our construction and development loans are backed by careful, in-house underwriting, strong knowledge of lending, fair pricing, and the highest level of personal service.
Our lending commitments:
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Loan-to-value ratio: up to 65% of the after repair value
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Funding typically within 5 days of commitment
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No upfront fees
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Commitment in as little as 48 hours
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No prepayment penalties
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Loans from $500,000 to $50 million
Questions?
Call: (240) 338 – 0605 or Get in touch with a lending expert.
Designed for vertical construction of projects such as multi-family housing, single-family housing, commercial, office, and industrial buildings, our construction loans are underwritten against the completed value of your project so you have more funding flexibility.
Our land development loans provide funding for the soft costs and entitlements required for development, such as hiring architects, engineers, and environmental and other consultants.
We provide interim, or short-term, funding to cover the gap between when a construction loan comes due and long-term financing can be arranged. We base our loans on the completed value of the project, minimizing additional equity or cash requirements.
Designed for major improvements on multi-family units as well as commercial, office, hospitality, and industrial buildings, our rehab loans cover major upgrades such as tenant improvements, studs-out remodels, expansions, and redevelopment.
We offer commercial real estate financing in the following Connecticut counties:
Fairfield, Hartford, Litchfield, Middlesex, New Haven, New London, Tolland, and Windham counties.
Our Connecticut Real Estate Financing Experts
Construction loans are very much a partnership. Our relationship doesn’t end the day documents get signed. Whether negotiating with a third-party lender, ensuring adequate reserves for maintenance and repairs, or addressing environmental concerns, we will be your advocate throughout the process, and do everything in our power to get you the loan you need.
Brian Dubin is Senior Vice President of the Mid-Atlantic region for Broadmark Realty Capital, overseeing loan origination and underwriting. Prior to joining Broadmark, he was a Vice President and Director of Business Development at BlueWater Funding, a commercial private lender, from 2009 to 2019. Brian began his career at First Madison Mortgage Corporation where he served as Senior Vice President and Partner from 2003 to 2007; he was responsible for market research, loan sourcing and underwriting as well as daily operations. Mr. Dubin received a B.A. in Communications from the University of Wisconsin-Madison.
Ryan Carmichael serves in business development and origination capacity for Broadmark Realty Capital. Ryan began his real estate career as a sales associate for a multi-national real estate data and analytics company. Ryan has also worked as a commercial real estate property tax consultant, serving the DC, Maryland, and Virginia. Ryan received his Master’s degree in Real Estate from Georgetown University and a Bachelor’s degree from the University of California, Berkeley.
In his free time, Ryan enjoys cooking, running on the trails in Rock Creek Park, and following Georgetown basketball & Cal football.
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Speed / ConvenienceWe can close as quickly as 5 days, and draws are wired within one to two business days after inspection approval. Banks can take months to review a typical real estate project. In that time, our clients’ projects are already underway and on the way to realizing profits.
Highest Degree of LeverageWe loan against the completed value of your project, with no loan-to-cost requirements. As a result, we can provide more funding for your project than a bank can and that means more flexibility for you.
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Unmatched Industry ExpertiseWe’ve closed approximately $2.8 billion in project capital over more than 1,200 loans (and counting). Our level of construction market intelligence is second to none.
In-House Manual UnderwritingWe evaluate every deal on its own merits and are faster and more flexible in the evaluation process than traditional financing such as banks. You’ll typically get feedback within the same day of your request and a term sheet within as little as 24 to 48 hours.