News: Long Island

BEB Capital exceeds $300m loan origination volume

Port Washington, NY BEB Credit, the lending affiliate of BEB Capital, has reached and exceeded a milestone of $300 million in loan origination volume. This follows a period of rapid growth for the firm, which has this year welcomed key advisors among its leadership team to enhance its credit strategy, along with an uptick in lending activity throughout markets nationwide, including South Florida, Texas, New Jersey, Atlanta, and Nashville.

BEB Capital created BEB Credit to provide quick and creative financing solutions for commercial real estate assets in primary and secondary markets across the U.S., with loans up to $50 million. BEB Credit continues to grow its footprint, providing financing nationwide.

“Surpassing $300 million in loan originations is a testament to the strength of our team, credit strategy, and the trust we’ve built with our partners,” said Lee Brodsky, CEO of BEB Capital. “With a strong foundation and expanded leadership, BEB Credit looks forward to continuing our scaling trajectory nationwide and providing tailored financing solutions that help clients seize opportunities with greater speed and confidence.”

In 2023, BEB Credit, operating as a nationwide lender, initiated the first of its credit funds and reached deployment of $130 million in less than two years.

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.