Steven Fischler |
Miami, FL (May 11, 2016) —Steven Fischler, founder, president and
managing principal of New York-based SRF Ventures, and Eyal Alfi, veteran banker and principal of the Miami-based Pan York
Group of Companies, have announced the launch of New Gables Capital, a commercial real estate direct lender that is
already facilitating transactions for clients across the nation.
Fischler, a 33-year-old
former Lehman Brothers executive, and Alfi, who spent 13 years in banking and
commercial real estate in New York before relocating to Miami to run Pan York
in 2010, created New Gables Capital to help clients find loan opportunities
that are often overlooked by traditional lenders and investors or that are too
small for the large institutional bank and non-bank lenders.
Headquartered in Coral
Gables, Fla., New Gables Capital specializes in arranging or originating debt
and equity financing between $1 million and $30 million for most property
types, including condominiums, hospitality, multifamily, office, retail and
land. The company has already completed over $50 million in originations. New
Gables is capitalized primarily by high-net-worth individuals and family
offices with commitments to fund over $100 million in 2016.
Eyal Alfi |
Fischler earned a Bachelor
of Business Administration in Management from the University of Miami and a
Masters in Real Estate Finance with distinction from New York University. While
at Lehman Brothers, Fischler managed some of the highest-profile real estate
assets involved in the financial services firm's bankruptcy, including the
Canyon Ranch Miami Beach and Setai South Beach properties.
“Eyal and I have
discovered opportunities in the market to invest in real estate through smaller
loans than most companies are focused on,” said Fischler, whose SRF Ventures
has arranged or originated over $1.1 billion in financing and equity since
launching in 2012. “We can execute well and achieve good returns in that
space.”
Alfi, a veteran of the
Israeli Air Force, earned a Bachelor of Science in Mechanical Engineering from
Coventry University in Coventry, England and a Master of Business
Administration from Bradford University in Bradford, England.
Canyon Ranch Condos Miami Beach, FL |
While in New
York, Alfi served as Vice President at The Dime Savings Bank of New York, Vice
President and Senior Loan Officer in Washington Mutual Bank’s Commercial Real
Estate Lending Group and President of Investment Sales and Finance at GFI
Realty Inc.
“At New Gables Capital, we
are not bound by the limits of a specific product type or standardized debt and
equity structures, we simply execute when it makes credit and economic sense,”
Alfi said.
“Our vast lending experience and access to private capital on the
other hand allow us to act swiftly and efficiently and maximize profits for our
firm and our clients.
Headquartered in Coral
Gables, New Gables Capital is a real estate advisory firm and direct lender for
transactions involving all property types for clients nationwide. The company
specializes in originating debt and equity financing between $1 million and $30
million. New Gables is partially owned by SRF Ventures and the Miami-based Pan
York Group of Companies.
For more information, visit www.newgablescapital.com.
For a complete copy of the company’s news release,
please contact:
Ilana Tescher
Account Executive,
BoardroomPR
itescher@boardroompr.com
O 954-370-8999
C 954-249-1816
Bank of America Plaza |
1776 N Pine Island Road
Suite 320 | Fort
Lauderdale, FL 33322
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