New Real Estate Lending Businesses in Manhattan, NY

This is a real estate lender LLC that originated a $108 million construction loan for the conversion of 770 2nd Ave in Murray Hill, Manhattan. The transaction is managed by Scale Lending LLC, based in New York City.

Valere Commercial provides flexible real estate investment loans for investors, as shown on its website. The site lists a phone number and a physical address in Cleveland, Ohio, while the LLC is registered in Manhattan, New York. The domain name and business description align with the LLC's name and implied commercial real estate focus.

The LLC name suggests it is a lending entity related to 71 Fifth Avenue, a mixed-use commercial building in Manhattan. Candidate W1 is the official website for that building, confirming the association. The principal address at 502 Park Ave is consistent with a New York City real estate operation. The business likely serves as a special purpose vehicle for commercial real estate lending.

White Oak Real Estate Capital (WOREC), an affiliate of White Oak Global Advisors, is a real estate investment firm specializing in commercial real estate lending. It provided a $51 million senior secured loan for the acquisition of Times Square West, and the LLC filing is a special purpose entity for that transaction.