HACKENSACK, N.J. – Silver Arch Capital Partners, a nationwide private lender, announced today the expansion of its headquarters at Continental Plaza, a 650,000 square foot office complex located on Hackensack Avenue in Hackensack, N.J.
“We are known nationally for our flexibility, creativity and speed in a field not typically associated with any of those traits,” said Jeffrey Wolfer, President and CEO of Silver Arch Capital Partners. “More owners, investors and developers than ever before are taking note and sending their loan submission forms to us.”
The expansion is a natural next step for a firm whose partners have closed more than $2 billion in loans over the course of their careers. Wolfer added that the firm’s specialty, bridge loans to owners, investors and developers in the commercial real estate market, has driven its growth in a cautious commercial real estate market.
“We get more and more calls from borrowers who need to access capital to complete these multi-faceted commercial real estate transactions,” Wolfer said. “Bridge loans can be tricky, and borrowers want to make sure that these loans are in capable hands. They’ve come to the right place.”
The expansion comes right after the launch of a mobile-friendly website, which features an easy loan submission form for borrowers.
“We’re proud to continue to serve our borrowers both online and offline,” Wolfer said.
Silver Arch Capital Partners offers loans from $1 million to $70 million at competitive rates, with the flexibility and creativity to help provide funding for projects of every type. Loans from Silver Arch Capital can be applied for nearly any purpose, including acquisition, restructuring, discounted payoffs, purchase of notes and property improvements.
The private lender recently announced a $15 million loan closing for the acquisition of the former Foxwoods property in Philadelphia and a $19.3 million loan closing for a 310-acre land purchase in Colorado Springs.
About Silver Arch Capital Partners
Silver Arch Capital Partners is a leading nationwide private lender to the commercial real estate market, specializing in bridge loans to owners, investors and developers in need of funding outside the scope of traditional banks and lenders. Formed with the mission to assemble the most highly creative minds in real estate lending under a single banner, the firm recognizes the importance of access to capital in turbulent times. Its partners, who have closed over $2 billion in loans, have the knowledge and insight to guide a borrower through the entire loan process, from initial review through closing. Visit www.silverarchCP.com for more information.