Sky Equity LLC
New York, NY
Sky Equity, LLC provides senior debt on cash-flowing properties, or properties that will or can readily become cash-flowing. While the majority of the bridge loans we originate and service are in the New York Metropolitan Area, we will entertain opportunities in other primary markets nationwide as long as our loan criteria is met. At Sky Equity, we understand the time restraints faced by most borrowers. Therefore, we move quickly through the loan application process, with all underwriting being performed in house. This allows us to get you the approval and funds you need when you need them.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Assisted Living Facility
- Car Wash
- Cinema
- Commercial Condominium
- Condominium
- Hostel
- Industrial
- Mixed-Use
- Motel
- Multifamily
- Office
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- Rehabilitation Facility
- Retail
- Senior Housing
- Single Family Residence
- Storage Facility
- Student Housing
Loan Types
- Private Money
- Hard Money
- Commercial Bridge
- Residential Bridge
- Commercial Property Value Add
- Residential Fix and Flip
- Residential Rehab and Rent
Specialty Loan Types
- Residential Long-Term Rental
- Partner Buyout
- Foreclosure Bailout
Max Loan-to-Purchase Price
75%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
75%Interest Charged for Renovation Costs
Only on Funds DrawnTypical Number of Days for Funds Draw
5Deposit Required
Good Faith Deposit
Fees which are mandatory for all new borrower clients
- Site Visit Fee
- Legal Fee
- Appraisal Fee
- Inspection Fee
- Title Fee
- Extension Fee
Fees which are paid to a third party company
- Appraisal Fee
- Environmental Report Fee
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Stay Informed About Private Lending
Sky Equity, LLC is a hard money lending and real estate investment company, providing creative funding solutions for Borrowers, while consistently delivering healthy returns for Investors. Efficient loan processing, conservative underwriting and in-depth knowledge of market conditions are all hallmarks of Sky Equity.
Sky Equity also owns many commercial and residential properties throughout the greater New York area.
Associations
- American Association of Private Lenders - Member
Office Locations
43 West 33rd Street Suite 504, New York, NY 10001Our Team
Allen Esses
President & Fund Manager
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Stay Informed About Private Lending
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Contact Sky Equity 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.