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EBSC Lending Provides $25MM Credit Facility to Metro Capital

February 13, 2024, 07:35 AM
Filed Under: Real Estate

EBSC Lending provided a $25 million senior credit facility to Metro Capital. The first advance is secured by investment condo properties. The underlying mortgage loan borrower purchased the properties for investment purposes.

“We are very excited about the financial partnership with EBSC Lending. The customized financial arrangement allows Metro Capital to execute on our excellent near and longer-term growth strategies,” stated Jeffrey Wolfer, Executive Chairman. “Further, as a result of this transaction, Metro Capital will be able to expand its established nationwide leadership position in the real estate industry.”

This credit facility is the third lender finance relationship that EBSC Lending has established with Metro Capital. EBSC Lending focuses on the real estate credit space and the company has emerged as a preeminent provider of senior financing to alternative real estate bridge lenders.

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