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| Steven Fischler |
New York, NY) — Steven Fischler's SRF Ventures is
wrapping up an extremely busy summer highlighted by the firm originating nearly
$30 million in real estate loans for clients across the nation.
Fischler, a former Lehman
Brothers executive, and his team at SRF continue to find small balance loan
opportunities that are often overlooked by traditional lenders and investors
due to the size and complexity of such transactions.
Over the summer, SRF
closed a variety of small balance loans ranging from $1 million to $11 million
in value. The loans were used to underwrite a variety of property types,
including hotel, land, residential development and retail sites.
In one of the summer
transactions, SRF originated $6 million of preferred equity on a land
assemblage in the Gramercy neighborhood of Manhattan. The borrower was a joint
venture of APEX Investments and Property Markets Group, which used the funds to
close on the last piece of the assemblage. The closing took only 16 days.
“SRF seeks opportunities
outside of the status quo of traditional real estate,” said Fischler, founder,
president and managing principal of SRF Ventures. “These small balance loans
represent just one of our adaptive and innovative strategies on advising, lending,
investing and managing real estate.”
Fischler, 33, launched his
boutique real estate advisory and management firm in January 2012. With a
strong client base that includes prominent developers and investors in major
metropolitan markets including New York and South Florida, the company has
arranged or originated over $1 billion in real estate financing and equity
transactions in less than four years.
“Our success over the last
several years is a testament to creative thinking,” said Fischler. “We are not
bound by the limits of a specific real estate class or capital structure. That
allows us to find success and maximize profits for our firm and our clients.
For a complete copy of the company’s news release,
please contact:
Ilana Tescher
Account Executive
BoardroomPR
Office: 954-370-8999
Cell: 954-249-1816
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