1892 Capital Partners
1892 Capital Partners is a Seattle-based, family-office direct private real estate lender originating bridge, construction, development, and fix-and-flip loans from $250K to $12M using family capital for developers, builders, and brokers across Washington, Utah, Idaho, and Hawaii.
- Company typePrivate
- Founded2021
- HeadquartersSeattle, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What 1892 Capital Partners does
1892 Capital Partners is a family-owned direct private real estate lending firm headquartered in Seattle, Washington, operating as the lending division of Corliss Ventures, a fifth-generation family enterprise traceable to a sand and gravel business founded in 1892. The firm originates bridge, construction, development, land, and fix-and-flip loans using its own family-office capital, with typical deal sizes of $250K to $12M and loan-to-value ratios of up to 70% (or 80% LTC on construction). It targets an annualized debt yield of 16-17% on performing loans, prices interests at 9.75%-14% and origination points at 1.5%-6%, and serves real estate developers, builders, brokers, and income-property owners across Washington, Utah, Idaho, and Hawaii.
1892 Capital Partners firmographics
Firmographics- Name
- 1892 Capital Partners
- Legal name
- 1892 Capital Partners, LLC
- Website
- https://1892capital.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- 1892 Capital Partners is a Seattle-based, family-office direct private real estate lender originating bridge, construction, development, and fix-and-flip loans from $250K to $12M using family capital for developers, builders, and brokers across Washington, Utah, Idaho, and Hawaii.
- Ownership category
- akta.pro rank
1892 Capital Partners industry classification
Industry- Product category
- Private Real Estate Lending
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Finance and Insurance (52)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Real Estate Credit / Debt Funds (FSANAEAJ)
Keywords
Where 1892 Capital Partners is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
1892 Capital Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Loan Interest and Points: 1892 Capital Partners generates revenue from interest income and origination points (fees) charged on bridge, construction, and development loans. As a direct lender using its own capital, the firm earns the full spread on loans originated. Typical interest rates range from 9.75% to 14% and origination points range from 1.5% to 4% depending on loan type, amount, and leverage. The company targets an annualized debt yield of 16-17% on performing loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Income Producing Bridge Loans: $2M-$10M, 12-month term, up to 70% LTV, 9.75%-11.75% rates, 1.5%-2.5% points |
| Transaction based/ take rate | Pay-as-you-go | Bridge Loans: $1M-$12M, 3-12 months with extension options, up to 65% LTV, 12%-14% rates, 2-4 points |
| Transaction based/ take rate | Pay-as-you-go | Vertical Construction Loans: $250K-$8M, 12 months with extension, up to 65% LTV / 75% LTC, 12%-14% rates, 2-4 points |
| Transaction based/ take rate | Pay-as-you-go | Income Producing Bridge Loan Program (WA, UT, HI): $1M-$12M, up to 24 months, up to 75% LTV, 9.50%-10.99% rates, 1.50%-2.5% points, no minimum DSCR, non-recourse available |
| Transaction based/ take rate | Pay-as-you-go | Development Loans: $500K-$5M, 12 months with extension, up to 65% LTV, 12%-14% rates, 2-6 points |
| Transaction based/ take rate | Pay-as-you-go | Land Loans for Entitlement: $500K-$5M, 12 months with extension, up to 55% LTV, 12%-14% rates, 2-4 points |
| Transaction based/ take rate | Pay-as-you-go | Fix and Flip Loans: $250K-$3M, 4-9 months, up to 65% LTV, 12%-14% rates, 2-3 points, 100% of rehab costs may be financed |
| Transaction based/ take rate | Pay-as-you-go | Raw Land Loans: $500K-$3M, 12 months with extension, up to 45% LTV, 12%-14% rates, 2-4 points |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
1892 Capital Partners product offering
Product offeringCore offering
1892 Capital Partners is a family-owned direct private real estate lending firm that provides bridge, construction, development, land, and fix-and-flip financing to real estate developers, builders, and brokers in Washington, Utah, Idaho, and Hawaii. The firm lends its own capital, offering loan sizes from $250K to $12M with rates of 9.75%-14% and origination points of 1.5%-6%, targeting an annualized debt yield of 16-17% on performing loans.
Product overview
1892 Capital Partners is a family-owned direct private real estate lending firm offering a portfolio of hard money loan products. The core offerings include Income Producing Bridge Loans, standard Bridge Loans, Vertical Construction Loans, Development Loans, Land Loans for Entitlement, Raw Land Loans, and Fix and Flip Loans. The company specializes in providing flexible bridge, construction, and transitional financing for income-producing and value-add real estate projects across Washington, Utah, Idaho, and Hawaii. Typical loan sizes range from $250K to $12M with loan-to-value ratios up to 80% LTC and 70% LTV depending on the product type.
Differentiator
Problem solved
Functional benefit
Products and services
- Income Producing Bridge Loans
- Bridge Loans
- Vertical Construction Loans
- Development Loans
- Land Loans for Entitlement
- Raw Land Loans
- Fix and Flip Loans
Quantifiable outcome
- Debt yield target of 16-17% annualized on performing loans
- +2 more outcomes
Companies that use 1892 Capital Partners
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
1892 Capital Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
1892 Capital Partners partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Highland Opportunities (Wade Stewart)coreWade Stewart, MBA and Principal at Highland Opportunities, served as a strategic partner on the $1.54 million Fairway Vista Subdivision bridge loan with Montrose Homes. Stewart praised 1892 Capital Partners for their creative, insightful approach to structuring projects and noted that working with a lender who understands clients and markets makes a night-and-day difference.
- Bellevue Capital Group (Ryan Carter)coreRyan Carter at Bellevue Capital Group served as loan broker and lending advisor on the $7.51 million Compton Lumber bridge loan transaction. Carter described the collaboration as demonstrating the effectiveness of strategic partnerships in navigating complex financial landscapes and stated BCG looks forward to ongoing relationships with 1892 Capital.
- Azure Northwestcore1892 Capital Partners provided a multi-million dollar vertical loan facility to Azure Northwest for the development of 47 homes in Spokane's Aspen Park area over two years. Azure Northwest is a real estate developer and homebuilder based in Puyallup, WA with a 9+ year reputation for excellence. Jim Kraus, CFO of Azure Northwest, stated that 1892 Capital Partners set a remarkable example of what a developer and financial partnership should be.
- Miller Investments and Jody Miller Constructioncore1892 Capital Partners provided a $6,225,000 development loan to Miller Investments in partnership with Jody Miller Construction for the ground-up construction of Glacier Car Wash, a 4,200-sq-ft facility in Milton, WA. Jody Miller Construction is a family-owned general contractor established in 1976, providing unmatched quality and high-performing projects throughout Washington State. The collaboration was described as seamless by the borrower.
- Firm Ridge Real Estate Partnerscore1892 Capital Partners provided a $4,195,000 development loan to Firm Ridge Real Estate Partners for the construction of RV@Olympic, a 98-site RV park in Port Angeles, WA. Firm Ridge specializes in emerging real estate strategies including investing in and developing projects with vetted research and sound fundamentals. The project is managed by the firm and positioned as a premier destination near Olympic National Park.
Scale indicators5 records
Recent moves9 records
Expansion highlights6 records
1892 Capital Partners competitors and assessment
Company assessmentDirect peers
- Lima One Capital: Lima One Capital is a nationwide direct private real estate lender specializing in fix-and-flip, rental, and bridge/construction financing. It is the closest direct peer to 1892 Capital Partners given overlapping product set (bridge, construction, fix-and-flip) and similar target market of real estate investors and developers.
- Kiavi: Kiavi (formerly LendingHome) is one of the largest tech-enabled private real estate lenders in the U.S., focused primarily on fix-and-flip and bridge loans for real estate investors. Highly comparable to 1892 Capital Partners' fix-and-flip and bridge products and similar mid-market investor/developer customer base.
- CoreVest Finance: CoreVest Finance is a direct private lender focused on single-family rental and bridge loans for residential investors. Its product set and bridge loan focus on residential and small multifamily investors closely mirror 1892 Capital Partners' income-producing bridge and residential development offerings.
- RCN Capital: RCN Capital is a nationwide direct private lender offering fix-and-flip, new construction, and rental portfolio loans to real estate investors. Comparable to 1892 Capital Partners across its bridge, construction, and fix-and-flip products and its concentration on real estate developers and investors.
- Anchor Loans: Anchor Loans is one of the largest private fix-and-flip lenders in the U.S., operating in the Western U.S. (with expansion to other regions). Anchor's geography-overlap with 1892 Capital Partners (CA/AZ/NV) and product focus on fix-and-flip and bridge lending make it a strong regional peer competitor.
- Newfi: Newfi is a non-QM and bridge lender serving real estate investors and developers with bridge, fix-and-flip, and DSCR products. Its direct-to-broker/origination model and bridge product set overlap meaningfully with 1892 Capital Partners' income-producing bridge and construction loan offerings.
- LendingOne: LendingOne is a direct private real estate lender providing bridge, fix-and-flip, and rental portfolio loans to real estate investors nationwide. Its products and target borrower profile (real estate investors and small developers) directly overlap with 1892 Capital Partners' bridge and construction loan offerings.
Emerging players
- JCAP Holdings: JCAP Holdings is a private real estate lender focused on short-term bridge loans and renovation financing for investors in select U.S. metros. Compared to 1892, JCAP has a narrower product set but competes in similar niche bridge lending segments for real estate investors.
Broad incumbents
- Ares Real Estate Debt: Ares Management operates one of the largest real estate debt platforms in the U.S., providing senior loans, mezzanine, and bridge financing for commercial real estate. While much larger and more institutional, Ares operates in the same real estate credit/debt space as 1892 Capital Partners and represents the scaled capital that ultimately competes for the same borrowers.
- Pretium Partners: Pretium Partners is an investment manager focused on residential real estate and single-family rental strategies, with affiliated lending (including CoreVest). It is a broader incumbent in the real estate private lending space that competes indirectly with 1892 Capital Partners in the residential bridge and SFR-financing segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
1892 Capital Partners social profiles
Digital presence1892 Capital Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
1892 Capital Partners leadership team
Management profileNumber of profiles
Profiles3 records
1892 Capital Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1892 Capital Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 1892 Capital Partners
What does 1892 Capital Partners do?
1892 Capital Partners is a family-owned direct private real estate lending firm that provides bridge, construction, development, land, and fix-and-flip financing to real estate developers, builders, and brokers in Washington, Utah, Idaho, and Hawaii. The firm lends its own capital, offering loan sizes from $250K to $12M with rates of 9.75%-14% and origination points of 1.5%-6%, targeting an annualized debt yield of 16-17% on performing loans.
Is 1892 Capital Partners a public or private company?
1892 Capital Partners is a private company. It is classified as family owned and is currently operating.
When was 1892 Capital Partners founded?
1892 Capital Partners was founded in 2021. It employs 1 to 10 people.
Where is 1892 Capital Partners based?
1892 Capital Partners is headquartered in Seattle, United States, in the North America region.
How does 1892 Capital Partners make money?
One revenue line is on record: loan Interest and Points.
Who are 1892 Capital Partners's main competitors?
Direct peers on record are Lima One Capital, Kiavi, CoreVest Finance, RCN Capital, Anchor Loans, Newfi and LendingOne. JCAP Holdings is listed as an emerging player. Broad incumbents are Ares Real Estate Debt and Pretium Partners.
Does 1892 Capital Partners have an API?
No public API is recorded for 1892 Capital Partners.
What industry is 1892 Capital Partners in?
1892 Capital Partners's product category is Private Real Estate Lending. Its primary akta.pro industry code is FSANAEAJ, Real Estate Credit / Debt Funds. Its NAICS code is 525 and its SIC code is 6153.