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Industry

Financial Services

Company Type

Financing/Real Estate

Size

$100 Million

Investment Type

Equity/Debt

For additional information, contact:

Gary Levy

glevy@castleplacement.com

Phone No.: 516 457-0104

Overview

 

We Lend® is seeking $100 million to make or purchase private (hard money) loans secured by first position liens on real property, primarily located on the East Coast.

The management team has originated 1,200+ loans, with a face value of over $478 million.

Key Facts & Figures since inception 2018 through 02/2024

Opportunity

There are many reasons why borrowers do not utilize traditional bank financing.

Speed and Flexibility

Traditional banks often have extensive bureaucratic processes and stringent lending criteria, which can result in lengthy approval times

Credit History or Financial Situation

Borrowers with less-than-perfect credit or unconventional financial situations may struggle to qualify for loans from traditional banks

Property Type or Use

Traditional banks may have restrictions on the types of properties they are willing to finance or the purposes for which the funds can be used

Loan Size

Traditional banks may have minimum and maximum loan size requirements that may not align with the borrower’s financing needs

Complexity of Transaction

Real estate transactions can be complex, involving multiple parties, unique structures, or non-traditional terms. Borrowers may find that alternative lenders, such as private lenders, are better equipped to handle these complexities and provide customized financing solutions

Solution/Strategy

Fund loans in as few as three days 

Borrowers use speed to their advantage when negotiating with their sellers 

Experienced investors who guide and consult the borrower through their investment process

Focus of loans with lighter rehab due to quicker turnaround and higher rate of execution

Each property’s current or potential cash flows are analyzed to ensure that it will be sufficient to cover loan and qualify for a refinance

Typical Loan Characteristics

Management

Ruben Izgelov | Managing Partner (Co-Founder)


  • Invested in the fund
  • 15+ years of real estate experience
  • Acquired, flipped, & financed ~$600MM+ worth of real estate nationwide
  • Co-Owner and Operator of ~$15MM of Real Estate
  • JD with a focus on Real Estate Law

Moses Suleymanov | Director of Credit Analysis, Co-Founder


  • Invested in the fund
  • 11+ years of real estate experience
  • Underwrote $480MM+ in BPLs
  • Co-Owner and Operator of ~$15MM in Real Estate
  • Successfully monetized over 90+ real estate transactions worth ~$75MM+
  • St. John’s University (BA)

Solomon Suleymanov | Director of Originations, Co-Founder


  • 12+ years of real estate experience
  • Oversaw the origination of $480MM+ in BPLs
  • Successfully monetized over 90+ real estate transactions worth ~$75MM+
  • Tech enthusiast
  • Pace University
Learn More About We Lend

Thank you for your interest in We Lend.

Please fill out your information and we will contact you shortly with more information on this opportunity.

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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