SCALE Lending
SCALE Lending is a New York-based private real estate credit platform and lending affiliate of Slate Property Group, providing $50M–$300M+ senior secured construction and bridge loans to institutional real estate developers across high-growth US transit-oriented markets, with $3.9B closed across 36 loans since 2018.
- Company typePrivate
- Founded2018
- HeadquartersNew York, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What SCALE Lending does
SCALE Lending LLC is a New York-based institutional real estate credit platform founded in 2018 as the lending affiliate of Slate Property Group. It originates senior secured construction and bridge loans ranging from $50 million to $300 million+ to institutional and mid-market real estate developers, with standard terms of 18–36 months, maximum loan-to-value ratios of 75%, and pricing structured at 30-day SOFR plus approximately 5%. Since inception, the company has closed 36 loans totaling $3.9 billion in volume, financing 12,572 residential units at an average underwriting LTV of 68.9%, across Northeast and Southeast US transit-oriented markets — including New York City, New Jersey, and Florida. Its customer base includes repeat sponsors such as Beitel Group, Namdar Group, Terra, Clipper Equity, and CSC Real Estate, with deal types spanning ground-up construction, lease-up financing, repositioning, and office-to-multifamily conversion.
The platform's central operational differentiator is its vertical integration with Slate Property Group, whose in-house capabilities span underwriting, development, construction, leasing, and property management. This integration allows SCALE to combine disciplined credit underwriting with hands-on development expertise across every stage of the investment lifecycle. The senior leadership team includes Co-Founders Martin Nussbaum and David Schwartz (also principals of Slate Property Group), President Jay Stark (formerly of Winter Properties/Standard Industries and Deal Lake Capital), CIO Brian Vetter (formerly of Carlyle Group), COO Steve Krasman (formerly of Skadden Arps), and CFO John Bono (formerly of Marcum LLP), supported by a dedicated Real Estate Credit team led by Managing Director Daniel Ridloff and Director of Capital Markets Jonathan Keiter.
SCALE monetizes through three disclosed streams: interest income on senior secured loans, a 1% origination fee at closing, and a 1% exit fee upon loan completion or early termination. Distribution is conducted through direct institutional sales, industry networks, and referral channels from Slate Property Group's developer relationships, with an investor-facing JuniperSquare portal servicing capital partners. The company is privately held under Slate Property Group, has no disclosed external funding rounds, operates from a single New York headquarters at 440 Park Avenue South, and continues to actively originate loans as of 2025–2026.
SCALE Lending firmographics
Firmographics- Name
- SCALE Lending
- Legal name
- SCALE Lending LLC
- Website
- https://scalelendingllc.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Short description
- SCALE Lending is a New York-based private real estate credit platform and lending affiliate of Slate Property Group, providing $50M–$300M+ senior secured construction and bridge loans to institutional real estate developers across high-growth US transit-oriented markets, with $3.9B closed across 36 loans since 2018.
- Ownership category
- akta.pro rank
SCALE Lending industry classification
Industry- Product category
- Commercial Real Estate Lending
- NAICS
- Real Estate Credit (522292), Nondepository Credit Intermediation (5222)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)
- akta.pro secondary industries
- CRE Bridge & Transitional Lending (FSALADAC), Balance-Sheet / Portfolio CRE Lending (FSALADAG)
Keywords
Where SCALE Lending is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SCALE Lending business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Loan Interest Income: Earns interest income on senior secured construction and transitional loans provided to real estate developers. Loans range from $50M to $300M+ with terms of 18-36 months.
- Origination Fees: Charges 1% origination fee on whole loan amounts at closing.
- Exit Fees: Charges 1% exit fee upon loan completion or early termination.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | Whole Loan Amounts: $50M - $300M+ |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
SCALE Lending product offering
Product offeringCore offering
SCALE Lending is a direct institutional real estate credit platform that originates senior secured construction loans and bridge loans for real estate developers. Whole loan amounts range from $50M to $300M+ with 18-36 month terms, maximum LTV of 75%, SOFR + 5% floating interest, plus 1% origination and 1% exit fees. Loans finance multifamily, condo, and office-to-residential conversion projects in high-growth, transit-oriented US markets.
Product overview
SCALE Lending operates as a single-platform lending business offering two core loan products: Construction Loans and Bridge Loans. These are not separate modules or add-ons but rather the two primary loan types within their vertically integrated real estate credit platform. The company acts as a direct lender providing senior secured financing for transitional commercial real estate, including multifamily, condo, and residential conversion projects. All loans share uniform terms including LTV caps, interest rate structures (SOFR + 5%), and fee schedules (1% origination, 1% exit), differentiated only by loan type and investment parameters.
Differentiator
Problem solved
Functional benefit
Products and services
- Construction Loans Senior secured construction loans for institutional real estate developers building multifamily, condo, and residential conversion projects in high-growth transit-oriented US markets. Loan amounts range from $50 million to $300+ million with 18-36 month terms plus extension options, maximum LTV of 75%, and interest rates starting at SOFR + 5%. Includes 1% origination fee and 1% exit fee.
- Bridge Loans Short-term transitional financing for multifamily properties, typically used for lease-up, repositioning, or completion of existing construction projects. Features same pricing structure as construction loans with whole loan amounts of $50M to $300M+, 18-36 month terms, max LTV of 75%, SOFR + 5% interest, and 1% origination and exit fees.
Quantifiable outcome
- 68.9% average underwriting loan to value ratio demonstrating conservative risk approach
- +2 more outcomes
Companies that use SCALE Lending
Customer profileNamed customers10 records
Segments2 records
Ideal customer profiles1 record
SCALE Lending technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature1 record
SCALE Lending partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights5 records
SCALE Lending competitors and assessment
Company assessmentDirect peers
- NewPoint Real Estate Capital: Independent commercial real estate finance company providing bridge, construction, and permanent loans. Comparable to SCALE in product structure and target customer base, with broader geographic reach.
- Rialto Capital Management: Vertically integrated CRE investment and asset management firm with active bridge lending and special situations debt strategies. Comparable to SCALE in providing transitional CRE financing, though at a larger scale with third-party capital.
- Rockbridge Capital: Direct CRE bridge and construction lender focused on transitional multifamily and mixed-use assets in primary U.S. markets. Comparable in deal size range and product structure to SCALE.
- ACRES Capital: Private CRE bridge and construction lender focused on transitional multifamily and mixed-use assets. Directly comparable to SCALE in deal type, size range, and target borrower profile.
- MF1 Capital: Direct CRE bridge lender focused on senior secured transitional loans for multifamily and mixed-use properties in major U.S. metros. Direct competitor to SCALE in the institutional construction/bridge lending space.
- S3 Capital: NYC-based direct lender specializing in senior secured construction and bridge loans for multifamily and mixed-use real estate. Closely comparable in product offering, geography, and borrower profile to SCALE Lending.
- Greystone: National CRE finance company offering bridge, construction, and permanent loans with a strong multifamily focus. Comparable to SCALE in product offering and target customer base, with significantly larger origination volume.
Broad incumbents
- JLL Capital Markets: Major commercial real estate investment bank and debt intermediary with active construction and bridge lending platform. Competes with SCALE on large institutional multifamily financings but as part of a much broader capital markets franchise.
- Ares Commercial Real Estate: Public CRE finance company (ACRE) providing bridge, construction, and permanent loans for multifamily and commercial properties. Comparable product set to SCALE, with securitization funding and broader capital markets access.
- Bridge Investment Group: Vertically integrated real estate investment manager with active senior debt, bridge lending, and special situations strategies. Overlaps with SCALE's transitional CRE lending focus but operates at materially larger AUM scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
SCALE Lending social profiles
Digital presenceSCALE Lending financial estimates
Financial estimateRevenue estimate
Valuation estimate
SCALE Lending leadership team
Management profileNumber of profiles
Profiles12 records
SCALE Lending funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SCALE Lending M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SCALE Lending
What does SCALE Lending do?
SCALE Lending is a direct institutional real estate credit platform that originates senior secured construction loans and bridge loans for real estate developers. Whole loan amounts range from $50M to $300M+ with 18-36 month terms, maximum LTV of 75%, SOFR + 5% floating interest, plus 1% origination and 1% exit fees. Loans finance multifamily, condo, and office-to-residential conversion projects in high-growth, transit-oriented US markets.
Is SCALE Lending a public or private company?
SCALE Lending is a private company. It is classified as corporate owned and is currently operating.
When was SCALE Lending founded?
SCALE Lending was founded in 2018.
Where is SCALE Lending based?
SCALE Lending is headquartered in New York, United States, in the North America region.
How does SCALE Lending make money?
Three revenue lines are on record. Loan Interest Income is the primary driver. The others are origination Fees and exit Fees.
Who are SCALE Lending's main competitors?
Direct peers on record are NewPoint Real Estate Capital, Rialto Capital Management, Rockbridge Capital, ACRES Capital, MF1 Capital, S3 Capital and Greystone. Broad incumbents are JLL Capital Markets, Ares Commercial Real Estate and Bridge Investment Group.
Does SCALE Lending have an API?
No public API is recorded for SCALE Lending.
What industry is SCALE Lending in?
SCALE Lending's product category is Commercial Real Estate Lending. Its primary akta.pro industry code is FSALADAH, Construction & Development (C&D) Lending — Commercial/Multifamily, with a secondary code of FSALADAC, CRE Bridge & Transitional Lending. Its NAICS code is 522292 and its SIC code is 6162.