one lender
that rises above
the rest.
Over $1.5 billion financed. 145+ transactions nationwide.
Unmatched reliability. Loan closures in two to four weeks. Lending for all loan and property types. iBorrow is the real deal for real estate lending.
iBorrow offers individually structured bridge lending solutions from $3M to $100M+, targeting loans with value-add, opportunistic acquisitions and recapitalizations. Discover how our flat organizational structure sees opportunities where other firm’s don’t and delivers when others can’t. Then put us to work for you.
The Standard Hotel
Location: West Hollywood, CA
Loan Amount: $86.74M
Loan Type: Acquisition
Property Type: Hospitality
Challenge iBorrow Solved:
The sponsors needed a creative and flexible lender to work with them to finance a $100MM+ purchase of a large, well-located and iconic hotel that had been closed for several years. Despite certain entitlement risks, iBorrow was able to close its funding on time and provide a full interest reserve to cover the borrower’s debt service payment requirements. This loan will carry the property through the planning and permitting process.
Daniel Island, Office
Location: Daniel Island, SC
Loan Amount: $9M
Loan Type: Refinance
Property Type: Office
Challenge iBorrow Solved:
The iBorrow loan enabled the borrower to refinance the sponsor’s existing debt. At a time when most lenders were pulling back from office properties, iBorrow funded this loan and included additional loan proceeds for future tenant improvement and leasing commissions. This will help the sponsor address significant lease expirations that are upcoming and help to stabilize the property.
Alma, MI & Munster, IN, Industrial Portfolio
Location: Alma, MI & Munster, IN
Loan Amount: $13.5M
Loan Type: Recapitalization/Refinance
Property Type: Industrial Portfolio
Challenge iBorrow Solved:
The iBorrow loan addressed the following issues: (i) refinanced the existing debt on the portfolio ($12MM), and (ii) recapitalized the ownership structure to allow the borrower to buy out an equity partner ($2MM). The greatest challenge of the deal was that the sponsor was under a strict time deadline to complete the transaction. iBorrow was able to quickly complete the due diligence/underwriting process and close the loan in less than 3 weeks.
Roswell, GA Retail
Location: Roswell, GA
Loan Amount: $15.6M
Loan Type: Acquisition
Property Type: Retail
Challenge iBorrow Solved:
The borrower was under contract to purchase the Property and needed a quick close. The borrower’s lender withdrew from the transaction shortly before the scheduled date, and iBorrow was able step in and provide quick financing solutions. The loan was also structured with flexible prepayment terms which allows the borrower to secure permanent debt once the acquisition was complete.
Edge Student Village, Temple University
Location: Philadelphia, PA
Loan Amount: $52M
Loan Type: Acquisition/Value-Add
Property Type: Student Housing
Challenge iBorrow Solved:
The financing will support significant upgrades to the property, a 798-bed, 12-story building. The updates will strategically position the community to attract student residents as campus life continues to normalize following the pandemic. The borrower’s strategic upgrades to The Edge will enhance curb appeal and will drive up resident demand, resulting in a substantial increase in net operating income.
Stonegate Townhomes
Location: Riverdale, GA
Loan Amount: $10.35M
Loan Type: Acquisition
Property Type: Multifamily
Challenge iBorrow Solved:
iBorrow provided financing for strategic acquisition in a high growth area of Georgia. Due to the location of this property and its use in Riverdale and given its proximity to many major employers within the area such as Delta and Emory University, iBorrow believes the location and high employment demand are the pipeline for this property to thrive.
Lake Arrowhead Resort
Location: Lake Arrowhead, CA
Loan Amount: $16M
Loan Type: Acquisition
Property Type: Hotel
Challenge iBorrow Solved:
The borrower needed a quick close during Covid. Due to the unprecedented nature of the pandemic, other lenders were not lending on typical resort properties.
iBorrow was able to structure a loan to meet the borrower’s equity needs and return expectations. Additionally, iBorrow was able to provide enough term to gain occupancy and get through the shut down/pandemic.
425 Ferry Street
Location: Newark, NJ
Loan Amount: $9.6M
Loan Type: Acquisition/Conversion
Property Type: Self-Storage
Challenge iBorrow Solved:
iBorrow worked with the borrower to close quickly, as the borrower needed to work fast to complete conversion of the building to be used for self-storage. On top of a speedy close, iBorrow also provided construction facility to assist Sponsorship with the conversion.