Real estate investors, entrepreneurs, and business owners all share the same need for commercial mortgages, and Riverdale Funding has been assisting borrowers with their real estate projects in Hartford, Connecticut, and New York for years.  As a commercial hard money lender, we focus on the value of the property being used as collateral, rather than or borrower’s credit score, financial history or income verification.  This simple and quick loan application process allows us to offer commercial real estate financing quicker than conventional banks and lenders.

As a direct hard money commercial mortgage lender, Riverdale Funding is able to tailor our loan programs to fit most real estate transactions. Contact Riverdale Funding today for a free asset-evaluation to determine if we can assist you with your next commercial real estate project in Hartford or throughout Connecticut.

 

 

We offer the following types of commercial loans:

  • Refinance
  • Purchase

 

On the following types of commercial properties:

  • 1-4 Unit Single Family Investment / Non-Owner Occupied (NOO)^
  • Multifamily (Apartment Building)
  • Office Building
  • Mixed-Use
  • Retail
  • Strip Center
  • Free Standing Commercial
  • Warehouse
  • Light Industrial **
  • Self-Storage **
  • Improved Land


^ Riverdale Funding cannot provide loans on 1-4 Family Investment properties in the following states: Oregon, Minnesota, Utah
** These and other commercial property types not listed above will be considered on a case-by-case basis.

 

 

We offer the following loan terms throughout Connecticut:

  • Up to 65% LTV
  • 1-3 year loan terms/ interest-only
  • Loan amounts starting at $250K-$5MM+

 

888-368-4983

 


 

The Connecticut Commercial Real Estate Market

Thanks to the heavy presence of professional office-based industries, office buildings continue to be one of Connecticut’s highest performing sectors of the commercial real estate market.  The state of Connecticut is considered one of the wealthiest and one of the most densely populated states in the US, therefore contributing to a stable economy and real estate market, even amid past declines elsewhere.  Class A office space is always in high-demand, yet low in supply, making value and competition always on the rise.

Hartford’s downtown Commercial Business District – CBD, has always attracted real estate investors due to high rents and competition for property.  Due to limited "Class A" office space, real estate professionals have seen recent migrations out of the downtown area and into locations like Eastern and Northern Hartford. Hartford is the second largest commercial real estate market in all of New England.  Due to the various historic sites, art and entertainment venues, and a vitalized riverfront with restaurants and other surrounding tourist and hospitality attractions, Hartford’s second largest market sector is retail.

Not only is Hartford the capital of Connecticut, but it is also known as the insurance capital of the world.  Hartford is home to the headquarters of some of the biggest insurance businesses in the world such as Aetna, Conning & Company, The Hartford, The Phoenix Companies, United Healthcare, Travelers, and Lincoln National. Big-name companies such as these make the neighboring area ideal for other businesses to develop. With a population of more than 124,000 and the home base for some of the biggest and wealthiest insurance companies in the world, Hartford is a prime location for those looking for commercial real estate and new business ventures in New England.

 

Secure a Quick Closing, Asset-Based Commercial Loan for Your Property

For those Connecticut investors looking for alternative financing options to secure a quick closing on their real estate transaction, an asset-based lender could be the solution.  While these types of commercial loans do come with higher rates, they provide investors with short-term commercial real estate financing solutions quickly and easily.  Allow Riverdale Funding to assist you with all your refinance and real estate investing projects in Connecticut.

 

Call Riverdale Funding today or apply online!
 

888-368-4983