New York—DelShah Capital LLC, a full-service real estate debt acquisition, development and management company, has formed DelShah Lending to originate short- and long-term hard money, bridge and mezzanine loans in New York City.
DelShah Lending intends to use its expertise in real estate special situations to provide investors with financing options where other lenders will not. It will offer capital between the 60 percent loan to value that bridge loans are currently available at in the market, and the 85 percent most buyers are seeking. This includes, but is not limited to, short-term bridge financing, development projects, and distressed real estate situations.
DelShah has an expertise in real estate special situations, including litigation. Unlike other companies that only supply capital, DelShah can also advise clients on creating value and resolving distressed situations.