Silverback Capital Expands Private Lending to 40 States
Folsom-based private lender Silverback Capital has expanded its private real estate lending operations to cover 40 U.S. states. The firm has deployed over $500 million in capital and is introducing a draw-only interest financing model for real estate investors.
Silverback Capital, a private real estate lending firm based in Folsom, California, has expanded its operational footprint to encompass 40 states across the United States. The company announced on Monday that it has deployed over $500 million in capital and is introducing a new draw-only interest financing model aimed at real estate investors nationwide.
The draw-only financing model allows investors to access funds as needed throughout their project lifecycle, offering a more flexible approach to capital management compared to traditional phased disbursement loans. This method is designed to provide real estate developers with greater control over their finances.
The expansion signifies Silverback Capital's strategic move to meet the growing demand for adaptable financing solutions in the real estate development sector. The firm aims to support investors through various stages of their projects by providing capital that aligns with their specific business requirements and timelines.
This nationwide expansion positions Silverback Capital to capture a larger share of the private lending market. The company anticipates that its enhanced geographic reach and innovative financing structure will attract new clients and solidify its presence in the industry.