Just 60 days since its initial launch, Artes Capital has reported $41.6 million in loan closings across 11 properties. With a current pipeline of $41.5 million in loans across 12 properties set to close in the next 45 days, the company is on track to close over $80 million in loans in less than 4 months.
Investors have also responded enthusiastically to the compelling opportunities for risk-adjusted returns provided by Artes. Artes has secured $100 million in capital in less than 60 days, with more than 375 investors providing $75 million in equity commitments and Western Alliance Bank providing a $25 million warehouse credit facility.
Artes is a portfolio lender specializing in bridge and construction financing across most commercial real estate assets and residential home building. The company is preparing for a prosperous third quarter 2021, as demand for its relationship-based investment strategy and unique financing options continues to gain momentum.