JLJ Capital
Pine Brooke, New Jersey
Direct Lender Providing Flexible & Creative Private Financing for Investment Real Estate
JLJ Capital is a private direct lender that provides alternative financing solutions for commercial and residential investment properties throughout the United States: acquisitions, rehab, fix & flip, value-add, ground-up construction, short-term refinancing, and 30-year rental (Single-Family only).
Please note: We do not lend on owner-occupied homes or specialty commercial properties.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Commercial Real Estate Bridge Lending
- Acquisition and Refinance Loans
- Loan Amount: $1,000,000 – $100,000,000
- Term: 1 – 24 months with extension options
- Interest Rate: Starting from 8%
- Loan-to-Purchase Price: Up to 70%
- Loan-to-Cost: Up to 75%
- Property Types: Office, Retail, Industrial, Senior/Student Housing, Storage Facility, Vacant Land
- Origination Fee: 1% – 3%
- Recourse: Full recourse or potentially limited recourse to borrower
- Deposit Required: $5,000 for loans under $5MM, $10,000 for loans $5MM and up
- Closing Timeline: 2 – 5 weeks
- Use of Proceeds: Acquisition, restructuring, discounted payoffs, purchase of notes, property improvements, partner buy-outs, recapitalization, pay-down of other debts, and taxes
Multifamily Bridge Lending
- Acquisition and Refinance Loans
- Loan Amount: $10,000,000 – $100,000,000
- Term: 1 – 24 months with extension options
- Interest Rate: Starting from 8%
- Loan-to-Purchase Price: Up to 70%
- Loan-to-Cost: Up to 75%
- Property Types: Condominium, Multifamily
- Origination Fee: 1% – 3%
- Recourse: Full recourse or potentially limited recourse to borrower
- Closing Timeline: 2 – 5 week
Residential Small Balance & Value-Add Lending
- Loan Amount: $250,000 – $10,000,000
- Term: 6 – 24 months (subject to discretionary 1 to 3 month incremental extensions with 0.50% fee)
- Interest Rate: Starting at 4.5%
- Loan-to-Purchase Price: Up to 65%
- Loan-to-Cost: Up to 85%
- Loan-to-Completed Value: Up to 65%
- Property Types: Single Family, Condominium, 2-4 units, 5+ Multifamily, Mixed-Use if more than 50% residential
- Origination Fee: 1% – 3%
- Recourse: Yes in most cases
- Closing Timeline: 2 – 4 week
- Use of Proceeds: acquisition, refinance, value-add/rehab, restructuring, ground-up construction, 30-year fixed permanent
Ground-Up Construction Lending for Commercial & Residential Properties
- Loan Amount: $2,000,000 – $100,000,000
- Term: 12 – 36 months with extension options
- Interest Rate: Starting at 8%
- Loan-to-Purchase Price for Land: Up to 55%
- Loan-to-Cost: Up to 75%
- Loan-to-Completed Value: Up to 65%
- Property Types: All types of property are considered – multi-family residences; condominiums; office and mixed-use buildings; retail, warehouse, and industrial spaces; shopping centers
- Origination Fee: 1% – 3%
- Recourse: Completion Guaranty (Good Guy)
- Closing Timeline: 2 – 5 weeks
Property Types
- 2-4 Units Residential
- Commercial Condominium
- Commercial Land
- Condominium
- Healthcare
- Industrial
- Manufactured Home
- Mixed-Use
- Multifamily
- Office
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- Residential Land
- Retail
- Senior Housing
- Single Family Residence
- Storage Facility
- Student Housing
Specialty Loan Types
- Condo Conversion
- Discounted Note Payoff
- Land Development
- Partner Buyout
- Residential Long-Term Rental
Description
We will only lend on land for projects for which we also fund the construction loan.
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
Will Consider Land That is NOT Entitled
noMax LTV for Land
65%Max LTC for Land Acquisition
55%Max Loan-to-Purchase Price
80%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
Fees which are mandatory for all new borrower clients
- Deposit
Fees which are paid to a third party company
- Legal Fee
- Appraisal Fee
- Credit Report Fee
- Background Check Fee
- Environmental Report Fee
Get In Touch
Stay Informed About Private Lending
JLJ Capital is a private direct lender based in New York that provides alternative financing solutions for bridge-lending, acquisitions, ground-up construction, short-term refinancing, mezzanine, mortgage takeout, partner buyout, and other real estate projects for multi-family and mixed-use real estate projects throughout the United States.
COMPANY HISTORY
JLJ Capital was founded in 2017 by Jonathan Lewis, Justin Podolsky and Lee Podolsky as a private independent real estate development company focused on lending on different types of commercial real estate throughout the continental United States, with a focus on New Jersey, New York and Texas.
JLJ Capital believes that many experienced real estate investors, owners, and operators have short term needs that banks cannot meet on a timely basis, and JLJ Capital’s goal is to be there for them with a time horizon of up to 36 months. The Fund was formed to provide investors the opportunity to participate in JLJ Capital’s vision.
The management team has 30 years of lending and operational experience in real estate in hotel and multi-family sectors. The extensive experience allows JLJ Capital to follow commercial banks’ underwriting standards while move quickly in origination and execution with robust deal flow through established relationships with real estate developers, owner’s operators, brokers, servicers, etc.
OUR APPROACH
We view our customers as partners. Therefore, we feel an obligation to not only lend funds but to make sure that our partners have a successful outcome. With over 30 years of lending and operational experience our recommendations are carefully thought out.
We utilize experts in Architecture, Engineering and Construction to review all loans before approval. Since we view this as a partnership we not only meet our borrowers at their offices but have them come to our offices as well before we close our first loan. In order for us to lend money to a partner we want everyone to be comfortable with our process.
Office Locations
330 Changebridge Road, Pine Brooke, New Jersey 07058Our Team
Get In Touch
Stay Informed About Private Lending
Contact This Lender
Create a Loan Request
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Contact JLJ Capital 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.
Our Minimum Loan Amount Is
$250,000
What We Do
- Residential Investment Property
- Multifamily and Mixed-Use Properties
- Bridge, Rehab, Construction
- Up to 80% Loan-to-Purchase Price
- 20% Cash Required for Rehab Deals
Not Available
- NO 100% Financing
- NO Owner-Occupied Homes
- NO Cannabis Use Properties
- NO Rural Areas