Direct Private Lender for Northeast Real Estate Investors

At Pepe/Berard Capital, we combine boutique-level service with institutional expertise to deliver tailored private lending solutions for real estate investors in New York City and surrounding metro areas. Our hands-on approach ensures seamless support from the initial meeting to a successful outcome, earning us a high rate of repeat borrowers and client referrals. With a commitment to excellence and financial sophistication, we provide the funding prowess you need—backed by trust, experience, and results.

  • Bridge Loans for commercial, multifamily and residential investment properties
  • Fix and Flip loans up to 70% ARV
  • Rehab and Hold loans up to 65% ARV
  • Ground-Up Construction up to 70% completed value
  • Poor Credit History considered (no minimum FICO score)
  • Loan term up to 3 years

Please note: We do NOT lend on land, rural locations, owner-occupied homes, or specialty commercial properties.

Property Geographic Area Details
New York City metro, Northern New Jersey, Connecticut, Boston metro, Rhode Island
Loan Amounts
$250,000 to $5,000,000
Interest Rates
9.00% to 12.00%
Loan Terms
6 months to 36 months
Origination Fees
2% to 4%
Lien Position
1st
What we do:
Residential Investment Properties
CRE and Multifamily Properties
Purchase or Refi Bridge Loans
Fix and Flip (or Hold)
SFR Construction Loans
What we don’t consider:
Rural Locations
Land Loans
100% Financing
Owner-Occupied Homes
Automotive Properties
2nd Mortgages or Gap Funding
Credit Check Required

yes

We don't have a minimum credit score but we run credit reports to get the whole picture of the borrower's financial situation.
Prepayment Penalty

yes

3 to 6 months minimum interest guaranty
Typical Closing Time (Days)

21

Maximum Leverage

Purchase Short-Term (no Value-Add)
Max LTP Residential: 75%
Max LTP Multifamily: 75%
Max LTP Commercial: 65%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 70%
Max LTV 1st Lien Multifamily: 70%
Max LTV 1st Lien Commercial: 65%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 65%
Max LTV 1st Lien Multifamily: 65%
Max LTV 1st Lien Commercial: 60%
Residential Fix & Flip
Max LTP: 75%
Max LTC: 100%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 75%
Max LTC: 100%
Max LTARV: 65%
Residential Construction
Max LTC: 90%
Max LTCV: 70%

Property Types

  • 2-4 Units Residential
  • Commercial Condominium
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Portfolio of Commercial Properties
  • Portfolio of Residential Properties
  • Retail
  • Single Family Residence
  • Student Housing

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Residential Ground-Up Construction
  • Multifamily Bridge
  • Multifamily Rehab
  • Commercial Bridge

Specialty Loan Types

  • Luxury Homes
  • Vacation Rental
Borrower must have minimum 25% cash down payment, and it could be higher depending on the property type, loan types, location and other factors.

Max Loan-to-Purchase Price

75%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Only on Funds Drawn

Typical Number of Days for Funds Draw

4

Maximum After Repair Value

65%
Funding only vertical construction when project is shovel-ready. We do not participate in the land acquisition.

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

5

Max LTC for Ground-Up Construction Costs

90%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Processing Fee

$1,200 - $1,500

Minimum Origination Fee Amount

$7,000

Fees which are mandatory for all new borrower clients

  • Processing Fee
  • Extension Fee

Fees which are paid to a third party company

  • Legal Fee
  • Settlement Fee
  • Appraisal Fee
  • Title Fee

Details and Requirements

Fastest Closing Time (Days)

10

Payment Structure
  • Interest Only
Will lend to a foreign national

no

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

no

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
Documentation Required
  • Credit Report
  • Tax Returns
  • Bank Statements
Personal Guaranty (Recourse) Required
Always
Minimum Credit Score Required

400

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Broker Price Opinion (BPO) Accepted for Commercial Property

Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%

Contact Pepe/Berard Capital, LLC

Pepe/Berard Capital, LLC pays us to be listed, so there is no fee to connect with them directly.
914-814-6562 914-814-XXXX
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Pepe/Berard Capital is a boutique real estate direct lender and investment firm co-founded by William Pepe and Ralph Berardi, Jr. in 2013. The principals have over 60 years of combined experience in real estate lending, investments and management. The firm was founded to pursue small to middle market real estate opportunities within the New York Metropolitan area and beyond.

Each member of the Pepe/Berard team has over 30 years of commercial real estate experience.

Company Size (Number of Employees)

3

Year Established

2013

Associations

  • American Association of Private Lenders

Office Locations

Pepe/Berard Capital, LLC
1333A North Ave., 713, New Rochelle, New York 10804

Primary Capital Source
  • Own Funds
  • Individual Investors
Loan Structure for Majority of Loans
  • Own Balance Sheet
  • One Investor One Loan
  • Multiple Investor Fractionalized Note
Percentage of Loans Secured by Commercial Property

15%

Percentage of Loans Secured by Residential Property

85%

Total Number of Loans Funded to Date

174

Our Team

William Pepe

Principal

Ralph J. Berardi, Jr.

Principal

Stephanie Pierce

SVP

Contact Pepe/Berard Capital, LLC

Pepe/Berard Capital, LLC pays us to be listed, so there is no fee to connect with them directly.
914-814-6562 914-814-XXXX
Click to show phone number
Send email Create a Loan Request

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Receive our monthly newsletters with valuable insights and industry updates
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BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$250,000

What we do:
Residential Investment Properties
CRE and Multifamily Properties
Purchase or Refi Bridge Loans
Fix and Flip (or Hold)
SFR Construction Loans
What we don’t consider:
Rural Locations
Land Loans
100% Financing
Owner-Occupied Homes
Automotive Properties
2nd Mortgages or Gap Funding

Contact Pepe/Berard Capital, LLC

Pepe/Berard Capital, LLC pays us to be listed, so there is no fee to connect with them directly.
914-814-6562 914-814-XXXX
Click to show phone number
Send email Visit Website

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