York Funding closes $6.5M in New Jersey and Arizona bridge loans

York Funding recently added two bridge loans totaling $6.5 million to its real estate fund, backing multifamily and mixed-collateral portfolios in New Jersey and Arizona. The deals show how the New York direct lender is serving experienced investors who need faster financing and more flexible terms than traditional banks often provide.

Why it matters: - York Funding is targeting experienced real estate investors whose financing needs often fall outside conventional lending guidelines. - The two loans show demand for short-term capital that can unlock equity, fund acquisitions and support renovations. - The portfolio adds exposure to multifamily assets in two growth markets: Greater Phoenix and northern New Jersey.

What happened: - York Funding recently closed two bridge loans totaling $6.5 million. - The loans were secured by properties in New Jersey and Arizona. - The transactions were added to York Funding’s real estate fund. - York Funding describes its platform as a New York direct lender to real estate professionals focused on development and repositioning of commercial real estate projects.

The details: - In Arizona, York Funding provided a $2 million bridge loan secured by a 22-unit multifamily property in Phoenix and a four-family property in Glendale. - The Arizona collateral portfolio carries an estimated value of about $4 million. - The borrowers planned to use the equity to pursue additional property acquisitions and renovations. - The Phoenix property is fully leased and operates under a long-term lease agreement. - The Glendale property is also fully rented. - In New Jersey, York Funding closed a $4.5 million bridge loan at 46% loan-to-value. - The New Jersey loan was secured by a 35-unit apartment building in Weehawken and a three-family property in North Bergen. - The combined collateral value was about $9.7 million. - The borrower used the financing to pay off an existing mortgage and improve portfolio-wide capital flexibility. - The Weehawken property is fully leased and generates more than $930,000 in annual rental income. - The North Bergen property has future value-add potential through light renovations. - York Funding’s short-term commercial lending program includes bridge loans up to multi-million-dollar levels, financing for multifamily and mixed-collateral portfolios, cash-out and equity recapitalization strategies, loans to experienced real estate investors and operators, and fast relationship-driven execution.

Between the lines: - The two closings suggest York Funding is leaning into borrowers with substantial equity and operating history. - The loan structures emphasize liquidity and flexibility rather than traditional permanent financing. - Both deals rely on stabilized or income-producing collateral, which can make bridge financing more attractive for lenders and borrowers alike.

What's next: - York Funding is likely to keep pursuing similar transactions with established investors seeking quick access to capital. - The lender’s focus on complex portfolios suggests more multifamily and mixed-collateral deals could follow. - More information is available at York Funding’s website.