Wednesday, May 11, 2016

Real Estate Executives Steven Fischler and Eyal Alfi Team Up to Launch New Real Estate Private Lending Company in Coral Gables, FL


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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