Direct Lender for Residential & Multifamily Investors
IceCap Group is a direct private lending firm based in New York City. As the most competitive and aggressive private money lender in the market, IceCap carries a strong value play in speed, service, leverage and surety of close. Our goal is to take you through the most simple and easy process for the best experience on all your loans – Fix & Flips, Bridge Loans, Refinances, 30 Year Term Loans, we do it all. Here’s why property investors choose IceCap Group.
- Surety of close
- Speed of approvals and close
- Direct access to lending principals
- Construction funding availability
- Stream lined construction funding process
- Lender flexibility in deal structuring
- Lender understanding of rehabilitation process and expertise in local markets
- Competitive interest rates and fees
Please note: We do NOT offer loans for owner-occupied homes or specialty commercial properties.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Condominium
- Mixed-Use
- Multifamily
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Residential Long-Term Rental
Specialty Loan Types
- Condo Conversion
- Residential Long-Term Rental
Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
3Will Provide Funds for Renovation Costs
noMax LTC for Renovation Costs
100%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
3Max LTC for Ground-Up Construction Costs
100%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
noMinimum Loan Amount
$75,000Maximum Loan Amount
$10,000,000Minimum Interest Rate
4.25%Maximum Interest Rate
6.5%Minimum Origination Fee
2%Maximum Origination Fee
4%Minimum Loan Term
36 monthsMaximum Loan Term
360 monthsMinimum Debt Service Coverage Ratio
1.00Will Lend on a Portfolio of Rentals
YesMaximum Number of Properties
100Minimum Property Value
$125,000Maximum Property Value
$3,000,000Fees which are mandatory for all new borrower clients
- Deposit
- Underwriting Fee
- Legal Fee
- Appraisal Fee
- Title Fee
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Stay Informed About Private Lending

IceCap is a division of the Oved Group family office with a long, successful history of investing in industry leaders.
While staying true to core values of integrity and respect, Oved Group has demonstrated their ability to successfully originate, negotiate, and realize investments in a variety of different industries.
IceCap Group, was launched as the base for the family’s Real Estate finance arm, to partner with the best real estate investors on their projects. As one of the largest Private Money Lenders in the Tri-State area, IceCap currently originates over 75+ deals per month.
With the relationships built between the company and their borrowing partners, IceCap Group continuously strives to advance their programs to ensure each investment to be successful.
Office Locations
IceCap Group31 W 34 Street, New York, NY 10001
Our Team
Funded Deals
IceCap Group
Amagansett, NY
$1,490,000
Purchase
IceCap Group
Queens, NY
$2,400,000
Refinance
IceCap Group
Brooklyn, NY
$600,000
Purchase
IceCap Group
Irvington, NJ
$154,750
Purchase
IceCap Group
Bronx, NY
$1,500,000
Purchase
Get In Touch
Stay Informed About Private Lending

Our Minimum Loan Amount Is
$50,000
What We Do
- Residential and Multifamily Properties
- Bridge, Rehab, Rental, Construction
- Long-Term Rental Loans up to 30 years
- Up to 90% LTC for Flip Projects
Not Available
- NO Owner-Occupied Homes
- NO Land Loans
- NO Rural Locations
- NO CRE Except Multfamily & Mixed-Use
Create a Loan Request
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Contact This Lender
Contact IceCap Group by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.