Inland Mortgage Capital Corporation

What Inland Mortgage Capital Corporation does

Inland Mortgage Capital, LLC is a privately held, balance sheet commercial real estate lender that originates non-recourse bridge loans against value-add properties across the United States. The company is a subsidiary of The Inland Real Estate Group of Companies, Inc., a vertically integrated real estate platform founded in 1967 that has executed $56 billion of acquisitions across 49 states. Inland Mortgage Capital targets small-to-mid-balance opportunities with loan sizes of $5-20 million, terms of up to three years, and maximum LTV of 75% on stabilized appraised value (80% on multifamily). Pricing is floating rate over 30-day SOFR, with a ~1.0% upfront loan fee plus an exit fee, no prepayment premium, and no interest charged on undisbursed future advances. DSCR is structured to 1.0x.

Underwriting, servicing, and credit oversight are performed entirely in-house, and all loans are held on the company's own balance sheet, enabling direct decision-making and short closing timelines (26-40 days in documented cases). The platform serves a single horizontal segment: commercial real estate borrowers and sponsors acquiring or repositioning transitional assets across multifamily, retail, office, medical office, industrial, student housing, self-storage, mixed-use, and hospitality property types. Repeat sponsors and broker/intermediary relationships are the primary go-to-market channel, supported by a content-marketing website, earned media in industry publications, and executive participation at Connect CRE conferences. A 2023 partnership with sister company Inland Green Capital adds PACE financing as a wrap product for energy, water, and EV-charging improvements.

The management team is small and named: President Art Rendak (since 2011, $1B career financings), VP Credit Administration Ashley Szatkowski (joined April 2025), AVP Originations Kevin Collins (joined June 2023), and Underwriter Revanth Onteddu (joined August 2024). Cumulative loan originations since inception exceed $999 million as of December 31, 2025.

Name

Inland Mortgage Capital Corporation

Legal name

Inland Mortgage Capital, LLC

Website

https://inlandmtg.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1–10 employees

Short description

Inland Mortgage Capital is a private, balance sheet commercial real estate lender providing $5-20 million non-recourse bridge loans to value-add property sponsors across the United States, operating as a subsidiary of The Inland Real Estate Group of Companies.

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

CRE Bridge & Transitional Lending (FSALADAC)

Keywords

• Bridge loan financing
• Commercial real estate lending
• Non-recourse mortgage loans
• Private CRE lending
• Value-add real estate financing

Headquarters

HQ city

Oak Brook

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, Infrastructure, Marketing or Sales

Revenue model

1. Bridge Loan Interest Income: Floating rate loans over SOFR (30-day term). Interest income generated from bridge loan financing on commercial real estate properties. Loans typically 2-3 year terms with flexible prepayment terms.
2. Loan Fees: Typically 1.0% upfront loan fee with exit fee. Future advances carry no interest until funds are disbursed. DSCR structured to 1.0x.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Inland Mortgage Capital is a private commercial real estate lender providing non-recourse, first-mortgage bridge loans for value-add and transitional properties. Loans range from $5 to $20 million with terms up to 3 years, floating rates over SOFR, up to 75% LTV (80% on multifamily), no prepayment penalties, and future advances with no interest until disbursed. All loans are held on the company's balance sheet and underwritten, serviced, and managed in-house, enabling quick decisions and streamlined closings across the U.S.

Product overview

Inland Mortgage Capital Corporation operates as a single unified product offering — the Bridge Loan Program — which provides non-recourse, intermediate-term first-mortgage bridge financing for value-add commercial real estate. The core product focuses on loan sizes ranging from $5 to $20 million for transitional properties across industrial, multifamily, office/medical outpatient, retail, mixed-use, student housing, self-storage, and hospitality sectors. The program features flexible terms including up to 3-year terms with extensions, floating SOFR-based rates, no prepayment penalties, and future funding without interest until disbursement. Case studies demonstrate specific transaction implementations across multiple property types.

Differentiator

Problem solved

Functional benefit

Products and services

• Bridge Loan Program

Quantifiable outcome

• 26-day closing from receipt of application for Rancho Cucamonga retail property
• +2 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Inland Green Capital LLCcoreStrategic or Co-development Partner · 5 April 2023Collaboration between Inland Mortgage Capital and Inland Green Capital to streamline PACE (Property Assessed Clean Energy) financing for commercial property owners. Both companies are members of The Inland Real Estate Group of Companies, Inc. The partnership provides a hybrid financing arrangement combining IMC's first mortgage financing with IGC's PACE capital, offering commercial property owners a one-stop shop for financing needs including renewable energy, energy efficiency, water conservation, and electrical vehicle charging improvements.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• JLL Capital Markets (Real Estate Debt): JLL's Capital Markets group arranges senior and bridge debt for transitional CRE through brokered and balance-sheet channels. Comparable on sponsor and asset-type overlap, though primarily intermediated rather than direct-balance-sheet like IMC.
• Walker & Dunlop: Walker & Dunlop is a much larger CRE finance platform that originates bridge, interim, and permanent debt across the U.S. Overlaps with IMC in bridge lending for mid-balance transitional assets but operates at materially greater scale.
• Newmark Realty Capital: Newmark's debt and structured finance group originates bridge and interim CRE loans nationwide. Competes with IMC on transitional multifamily, office, and retail deals; broader platform with investment sales and advisory adjacencies.

Direct peers

• Dwight Capital: Dwight Capital is a direct competitor offering non-recourse bridge and interim financing on middle-market CRE transactions. Most directly comparable on loan size, structure (non-recourse, value-add focus), and target borrower profile.
• A10 Capital: A10 Capital is a direct private CRE bridge lender focused on $5M–$50M first-mortgage and mezzanine loans on transitional assets, sitting squarely in IMC's lane on loan size, recourse structure, and target property types.
• Core Bridge Capital: Core Bridge Capital provides non-recourse bridge loans on transitional CRE across multifamily, office, retail, and industrial. Closely comparable product offering, recourse profile, and mid-market sponsor focus.
• Slate Mortgage Capital: Slate Mortgage Capital originates short-term bridge and mezzanine debt on transitional commercial real estate, similar in mid-market positioning and product structure to IMC. Targets value-add sponsors with non-recourse terms.

Emerging players

• Bridge Investment Group: Bridge Investment Group operates a vertically integrated CRE platform with debt origination capability alongside equity and property management. Overlaps with IMC on sponsor/asset overlap, though Bridge is more equity-heavy with in-house debt adjacent to its funds.
• Argentic Real Estate Finance: Argentic focuses on transitional CRE lending via bridge and structured debt strategies. Competes for similar value-add sponsorship deals, though typically with broader leverage instruments than IMC's first-mortgage bridge book.

Others

• CCRE (Newmark/CBRE Capital Markets Debt): CBRE's debt capital markets group brokers senior, bridge, and structured CRE debt. Adjacent to IMC's bridge product via intermediated distribution rather than direct balance-sheet origination.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/inland-mortgage-capital-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

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 Inland Mortgage Capital Corporation