Bayport Funding has geared up to accelerate its lending efforts and expand its geographic reach. The New York alternative lender has done that by lining up a $200 million senior credit facility from a group of banks led by Webster Bank.
Bayport Funding has closed a $200 million senior credit facility with Webster Bank, with eyes toward expanding its deal footprint in the multifamily and single-family rental market, Commercial Observer has learned.
It’s been quite a ride for folks in the mortgage industry over the last several years. For the most part, rates for a 30-year fixed mortgage loan stayed between 3.5 percent and 4.5 percent from the middle of 2013 to the first couple of months in the 2020, providing relative stability…
Bayport Funding, a direct portfolio lender providing bridge financing for real estate investors, has announced key leadership appointments. CEO and co-founder Ami Bar-Mashiah will now serve as the Great Neck, NY-based firm’s chairman, and president Marcia Kaufman will serve as CEO.
Great Neck | Bayport Funding has appointed new leadership roles for its executive team. CEO and co-founder Ami Bar-Mashiah will now serve as the firm’s chairman, and president Marcia Kaufman will serve as CEO.
The dust hasn’t yet settled from the implosions of Silicon Valley Bank and Signature Bank, but that hasn’t obscured the next big question for real estate borrowers and lenders: What is the Federal Reserve Board going to do with its target interest rate going forward?