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DelShah Capital Debuts Debt Division

NEW YORK CITY-Seizing on CRE's good health, the developer and manager wanted to get in on financing.

By Rayna Katz | Updated on May 15, 2013

NEW YORK CITY-DelShah Capital, LLC, a real estate developer, manager and debt acquisition firm, has formed DelShah Lending, the company announced Tuesday. The new entity will work to originate short- and long-term hard money, bridge and mezzanine loans throughout the city. 

The time was right for the foray into lending because of the current success of commercial real estate, DelShah CEO Michael Shah tells GlobeSt.com. “New York real estate values are hitting all time peaks, and in a rising market, you can make better risk adjusted returns in debt than in equity,” he says. “Increasingly, assets are trading for more than we value them. The lending platform allows us to keep our exposure at the limits we like while still making a good return.”

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