Gryphon Real Estate Capital Partners

What Gryphon Real Estate Capital Partners does

Gryphon Real Estate Capital Partners, LLC is a New York-based, privately held private lender founded in 2016 by industry veterans Angelo LoBosco and Jim Hopkins. The firm provides customized debt financing solutions to middle-market real estate operators and developers across the continental United States, with a focus on transitional and construction strategies that fall outside the risk appetite of regulated bank lenders. Three core programs comprise the product surface: (i) a Transitional Multifamily Loan Program offering first-mortgage loans of $20 million to $75 million with up to 85% LTC for value-add and lease-up assets; (ii) an Agency Correspondent Lender Program delivering Fannie Mae, Freddie Mac, and FHA (HUD) product for multifamily, student housing, and senior living with a $10 million minimum; and (iii) an Opportunistic Loan Program providing senior and subordinate positions across value-add, bridge, stretch senior, preferred equity, and construction in multifamily, office, and industrial at a $15 million minimum.

The firm's competitive positioning rests on balance-sheet lending capacity combined with the founders' collective $8 billion of prior real estate transaction experience and their operating, restructuring, and development backgrounds. In July 2021, Gryphon formed the Gryphon-CarVal Multifamily Loan Program joint venture with CarVal Investors (a global alternative investment manager with approximately $14 billion AUM), which targets $1.0 billion or more of deployment over two years and is the firm's primary growth engine. The platform retains asset management and loan servicing internally throughout the loan term, with terms typically structured as up to 3 years plus extensions, for a 5-year maximum, at competitive floating rates with risk-adjusted pricing (lower-risk transitional strategies priced at Libor+350bps).

Revenue is generated from three sources: interest income on balance-sheet bridge loans held on book, transaction fees from agency correspondent lending, and recurring asset management and loan servicing fees. The firm operates with a small executive team (4-5 senior principals including two Managing Directors covering Originations and Asset Management), distributes via direct origination supported by industry relationships and broker referrals, and uses limited digital marketing (a Wix-hosted website, LinkedIn presence, and PRNewswire-issued press releases) rather than performance or content marketing. Customer-facing evidence indicates moderate repeat-borrower concentration, with named clients such as Strategic Realty Holdings and Electra Capital executing multiple transactions through the platform.

Name

Gryphon Real Estate Capital Partners

Legal name

Gryphon Real Estate Capital Partners, LLC

Website

https://gryphonrecapital.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Gryphon Real Estate Capital Partners is a New York-based private lender founded in 2016 that provides customized bridge, opportunistic, and agency correspondent financing to middle-market US real estate operators and developers. The firm leverages balance-sheet lending and a CarVal Investors joint venture to deploy $20M-$75M loans.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Middle-Market Lending (FSANADAI)

akta.pro secondary industries

Large-Cap / Sponsor Finance Direct Lending (FSANADAJ), Balance-Sheet / Portfolio CRE Lending (FSALADAG), Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB), Private Credit / Direct Lending (FSAAAHAG)

Keywords

• Private real estate lending
• Bridge loan financing
• Multifamily bridge loans
• Transitional property lending
• Balance sheet lending

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Bridge Loans: Primary revenue stream from originating and holding transitional multifamily bridge loans on balance sheet. Loans range from $20M to $75M with competitive floating rates. Returns vary by risk profile - lower-risk 'light' transitional strategies yield Libor plus 350bps, while ground-up construction loans generate higher returns.
2. Correspondent Lender Fees: Revenue from acting as correspondent lender for Fannie Mae, Freddie Mac, and FHA through a licensed Agency Lender. Minimum loan size of $10M for agency programs serving multifamily, student housing, and senior living.
3. Asset Management and Loan Servicing Fees: Asset management and loan servicing retained throughout loan term, generating ongoing fee income from the portfolio. Gryphon leverages extensive real estate experience to generate asset management solutions from a practical perspective.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Gryphon Real Estate Capital Partners is a relationship-focused private lender providing tailored financing solutions to middle-market real estate operators and developers nationwide. The firm originates and holds transitional multifamily bridge loans, opportunistic real estate loans, and acts as a correspondent lender for Fannie Mae, Freddie Mac, and FHA programs, with loan sizes ranging from $10 million to $75 million and leverage up to 85% LTC.

Product overview

Gryphon Real Estate Capital Partners is a relationship-focused private lender providing tailored financing solutions to middle-market operators and developers targeting transitional and construction strategies nationwide. The company operates three core lending programs: the Transitional Multifamily Loan Program (offering $20M-$75M first mortgages with up to 85% LTC for value-add and lease-up properties), the Agency Correspondent Lender Program (Fannie Mae, Freddie Mac, FHA for multifamily/student housing/senior living with minimum $10M), and the Opportunistic Loan Program (senior/subordinate positions for value-add/opportunistic strategies with minimum $15M). A key sub-brand is the Gryphon-CarVal Multifamily Loan Program, a joint venture with CarVal Investors for transitional multifamily bridge loans deploying up to 85% of capital stack. All programs leverage balance sheet lending for flexible structuring, and the company maintains asset management continuity throughout loan terms.

Differentiator

Problem solved

Functional benefit

Brands

• Gryphon/CarVal Multifamily Loan Program: A joint venture transitional multifamily bridge loan program between Gryphon Real Estate Capital Partners and CarVal Investors, designed to advance up to 85% of the capital stack in single executions for multifamily properties.

Products and services

• Transitional Multifamily Loan Program First mortgage loans on transitional multifamily real estate projects throughout the USA requiring time and capital to re-position, perform renovations, and increase rents, or newly constructed properties requiring time to stabilize prior to agency refinance. Loan sizes $20M-$75M, up to 85% LTC, terms up to 3 years plus extensions (max 5 years), competitive floating rates. Targeted at high-quality sponsors with demonstrated track records executing value-add and lease-up business plans.
• Agency Correspondent Lender Program Correspondent lending program on behalf of a licensed Agency Lender delivering Fannie Mae, Freddie Mac, and FHA (HUD) executions for multifamily, student housing, and senior living properties. Minimum loan size of $10 million. Designed for sponsors seeking agency-grade permanent financing for stabilized assets.
• Opportunistic Loan Program Senior and subordinate positions for value-add and opportunistic risk-level strategies including repositioning, bridge, stretch senior, preferred equity, and construction opportunities for multifamily, office, and industrial properties. Minimum $15M, up to 85% LTC, risk-adjusted floating-rate pricing, terms up to 3 years plus extensions (max 5 years). Targets borrowers needing flexible capital structures at higher risk-adjusted returns.
• Gryphon-CarVal Multifamily Loan Program Joint venture transitional multifamily bridge loan program between Gryphon and CarVal Investors designed to advance up to 85% of the capital stack in single execution for value-add and lease-up multifamily properties. Targeted loans range from $20 million to $75 million with competitive market pricing; loan servicing and asset management retained by the joint venture. CarVal Investors is a global alternative investment manager with approximately $14 billion in AUM.

Quantifiable outcome

• Loans from $20 million to $75 million with up to 85% LTC
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core and supporting.

• Strategic Realty HoldingscoreOthers · 2 May 2022Borrower on $128 million multifamily loan for Bachman 4 Portfolio (952 units across four contiguous properties in Dallas, Texas). Sponsor's business plan includes making significant improvements to common areas and upgrading individual units including adding in-unit washers and dryers. Founded by Eddie Lorin and based in Calabasas, California.
• NorthmarqsupportingChannel Partner/ Reseller/ Distributor · 2 May 2022Dallas-based financing team led by Lauren Bresky and Kevin Leamy represented Strategic Realty Holdings on the Bachman 4 Portfolio transaction as the borrower's financing representative.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Northmarq: Privately held commercial real estate debt and equity intermediary active in multifamily financing. Notably acted as borrower's financing representative on Gryphon/CarVal's Bachman 4 Portfolio deal, illustrating direct overlap in middle-market multifamily loan sourcing.
• Lument (formerly Hunt Real Estate Capital): Multifamily-focused mortgage banking platform offering bridge financing, Fannie Mae/Freddie Mac/FHA agency lending, and balance-sheet programs. Operates the same three-pillar model (transitional bridge, agency correspondent, opportunistic) as Gryphon.
• NewPoint Real Estate Capital: Non-bank balance-sheet lender providing transitional bridge and senior mortgage financing for multifamily and middle-market commercial real estate. Direct competitor in the same loan-size range and product set as Gryphon's Transitional Multifamily and Opportunistic programs.

Broad incumbents

• Walker & Dunlop: Large, publicly traded commercial real estate finance company dominant in multifamily agency lending (Fannie/Freddie/FHA) and balance-sheet bridge lending. Overlaps with Gryphon's correspondent and bridge products but serves a broader, more institutional client base.
• Capital One Multifamily Finance: Top-five Fannie Mae/Freddie Mac/FHA multifamily lender and bridge financing provider inside a large bank platform. Competes with Gryphon on agency correspondent products with superior cost of funds and scale.
• Berkadia Commercial Mortgage: Major commercial real estate capital markets intermediary and servicer with strong multifamily agency lending presence and balance-sheet bridge offerings. Competes with Gryphon's correspondent and bridge programs at scale.
• Arbor Realty Trust: NYSE-listed multifamily and single-family rental lender with agency servicing and bridge lending capabilities. Overlaps with Gryphon's multifamily bridge and correspondent programs but operates at meaningfully larger scale.
• KKR Real Estate Finance Trust: Externally managed mortgage REIT focused on originating and acquiring CRE loans, including transitional senior loans and bridge financing. Larger, permanent-capital competitor in the same middle-market bridge niche.
• JLL Real Estate Capital, Debt Advisory: Global CRE capital markets platform offering debt placement, bridge financing, and structured equity for multifamily and middle-market sponsors. Competes with Gryphon for institutional-quality transitional loan mandates.
• PGIM Real Estate Finance: Global CRE debt platform originating senior, bridge, and structured loans across multifamily and other asset classes. Competes for institutional middle-market transitional loan business that Gryphon targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/gryphon-real-estate-capital-partners-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gryphon Real Estate Capital Partners