New CRE Lender Opens For Business

Posted by Orb Staff on October 26, 2009 No Comments
Categories : Commercial Mortgage

Newport Capital Advisors LLC, a newly formed commercial lender based in Dallas, says it is actively seeking to place its capital in commercial real estate debt opportunities across the risk spectrum, from first mortgages to subordinate debt structures, with a target loan amount of $3 million to $20 million.

According to a company statement, Newport Capital is interested in cashflowing commercial properties in the retail, office, industrial, self-storage and multifamily sectors.

"Fundings can take place in very short time periods if required," the statement says, adding, "Very creative financial structuring is available, with pricing based upon individual transaction risk."

SOURCE: Newport Capital Advisors LLC

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