Procida Funding and Advisors
- Company typePrivate
- Founded1995
- HeadquartersEnglewood Cliffs, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Procida Funding and Advisors firmographics
Firmographics- Name
- Procida Funding and Advisors
- Legal name
- Procida Funding & Advisors
- Website
- https://procida.com
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Procida Funding and Advisors industry classification
Industry- Product category
- Commercial Real Estate Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Real Estate Investment Trusts (6798)
- akta.pro primary industry
- Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
- akta.pro secondary industries
- Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Debt Advisory & Financing Advisory (FSAEAGAD)
Keywords
Where Procida Funding and Advisors is headquartered
LocationHeadquarters
- HQ city
- Englewood Cliffs
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Procida Funding and Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Loan Interest Income: Interest income from short-term construction, bridge, and mezzanine loans to real estate developers. Loans range from $2 million to $50 million with interest rate floors starting at 8.75%.
- Asset Management Fees: Fees from managing the 100 Mile Fund REIT and providing asset management services to investors and lending partners.
- Advisory Services: Due diligence, development management, construction supervision, restructuring, crisis management, and investment banking services for developers, financial institutions, and private equity funds.
- Origination Fees: One-time fees collected at loan origination for construction loans, bridge loans, and preferred equity financing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | 100 Mile Fund REIT Investment |
| Other | Pay-as-you-go | Short-term Construction/Bridge Loans |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Procida Funding and Advisors product offering
Product offeringCore offering
Procida Funding and Advisors is a direct commercial real estate lender and advisory firm providing bridge, construction, mezzanine, and preferred equity financing to real estate developers, primarily in the New York metropolitan area and broader eastern US. The firm operates an open-ended private REIT (100 Mile Fund) that invests in short-term real estate loans, and a separate advisory division that provides due diligence, asset management, restructuring, and investment banking services to developers, financial institutions, and private equity funds.
Product overview
Procida Funding and Advisors operates as a unified commercial real estate financing and advisory platform consisting of three core offerings: (1) Procida Funding - the main lending platform for construction and real estate financing; (2) Procida Advisors - the advisory division providing due diligence, asset management, development management, construction supervision, restructuring, crisis management, and investment banking services; and (3) the 100 Mile Fund - an open-ended private REIT that exclusively manages bridge, construction, mezzanine, and preferred equity investments for distressed and opportunistic middle market real estate within 100 miles of NYC. The firm also offers a Small Balance Bridge Lending Platform for smaller loan amounts up to $2 million. Together, these products provide a one-stop shop for financing, advisory, and investment management serving developers, financial institutions, and private equity funds.
Differentiator
Problem solved
Functional benefit
Products and services
- Procida Funding Commercial real estate lending platform providing construction, bridge, mezzanine, and preferred equity financing for all asset classes except single-family residential, with a focus on the New York metropolitan area and Tri-State region. Loan amounts range from $2 million to $50 million (up to $100M occasionally) with terms of 6-30 months and an interest rate floor of 8.75%. For real estate developers and investors.
- Procida Advisors
Quantifiable outcome
- 12.25% annualized net dividend to investors since inception in 2011
- +3 more outcomes
Companies that use Procida Funding and Advisors
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
Procida Funding and Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Procida Funding and Advisors partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ProtoCapitalcoreStrategic partnership between Procida Funding and ProtoCapital to expand outreach of the 100 Mile Fund and bring change to underserved communities through social impact investing.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Procida Funding and Advisors competitors and assessment
Company assessmentDirect peers
- RCN Capital: Non-bank commercial real estate lender offering bridge, construction and fix-and-flip financing in the $1M-$50M range. Directly comparable to Procida Funding in product mix, borrower profile (small/mid developers), and non-bank balance-sheet lending model.
- Lima One Capital: Non-bank CRE lender specializing in bridge, construction, and rental loans for residential and small commercial investors. Closely mirrors Procida's short-term, high-touch non-bank bridge lending approach.
- Kiavi (formerly LendingHome): Tech-enabled non-bank lender providing bridge and rehab financing to real estate investors. Comparable in non-bank CRE lending focus, though more digital-first and less relationship-driven than Procida.
- CoreVest Finance: Specialty CRE lender (acquired by Redwood Trust) focused on bridge and rental loans to single-family and small multifamily investors. Directly comparable product set to Procida's small-balance bridge platform.
- A10 Capital: Non-bank commercial real estate lender providing bridge, permanent and mezzanine financing to middle-market developers and investors. Closely comparable to Procida's $2M-$50M bridge/construction focus.
- NewPoint Real Estate Capital: Non-bank CRE lender and capital markets advisor focused on multifamily and middle-market commercial real estate financing. Comparable to Procida's bridge/mezzanine/preferred-equity product mix.
- Peachtree Group: Privately held CRE investment, development, and direct lending firm operating bridge, mezzanine, and preferred equity programs. Comparable to Procida in middle-market non-bank CRE lending and integrated investment/advisory model.
Broad incumbents
- JLL Capital Markets: Global CRE investment sales, debt placement, and advisory platform. Overlaps with Procida Advisors on debt advisory and capital raising for CRE, but at much larger scale and with institutional clients.
- Walker & Dunlop: Large commercial real estate finance company providing debt origination, servicing, and investment sales. Comparable to Procida on CRE debt placement and bridge/construction lending, but at meaningfully greater scale.
Emerging players
- Griffith Funding: Non-bank commercial real estate lender focused on bridge and construction loans in the mid-Atlantic and Southeast. Comparable mid-market non-bank CRE lender with similar loan-size band and target borrowers as Procida.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Procida Funding and Advisors social profiles
Digital presenceProcida Funding and Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Procida Funding and Advisors leadership team
Management profileNumber of profiles
Profiles6 records
Procida Funding and Advisors subsidiaries and ownership
Company hierarchySubsidiaries2 records
Procida Funding and Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Procida Funding and Advisors 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 Procida Funding and Advisors
What does Procida Funding and Advisors do?
Procida Funding and Advisors is a direct commercial real estate lender and advisory firm providing bridge, construction, mezzanine, and preferred equity financing to real estate developers, primarily in the New York metropolitan area and broader eastern US. The firm operates an open-ended private REIT (100 Mile Fund) that invests in short-term real estate loans, and a separate advisory division that provides due diligence, asset management, restructuring, and investment banking services to developers, financial institutions, and private equity funds.
Is Procida Funding and Advisors a public or private company?
Procida Funding and Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Procida Funding and Advisors founded?
Procida Funding and Advisors was founded in 1995. It employs 11 to 50 people.
Where is Procida Funding and Advisors based?
Procida Funding and Advisors is headquartered in Englewood Cliffs, United States, in the North America region.
How does Procida Funding and Advisors make money?
Four revenue lines are on record. Loan Interest Income is the primary driver. The others are asset Management Fees, advisory Services and origination Fees.
Who are Procida Funding and Advisors's main competitors?
Direct peers on record are RCN Capital, Lima One Capital, Kiavi (formerly LendingHome), CoreVest Finance, A10 Capital, NewPoint Real Estate Capital and Peachtree Group. Broad incumbents are JLL Capital Markets and Walker & Dunlop. Griffith Funding is listed as an emerging player.
Does Procida Funding and Advisors have an API?
No public API is recorded for Procida Funding and Advisors.
What industry is Procida Funding and Advisors in?
Procida Funding and Advisors's product category is Commercial Real Estate Lending. Its primary akta.pro industry code is BPAJANAE, Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing), with a secondary code of BPAHADAG, Capital Raising Advisory (Debt/Equity/Private Capital). Its NAICS code is 52231 and its SIC code is 6162.