Wallace Capital is a private finance company that provides immediate short-term bridge loans and joint venture equity to real estate investors, developers and builders in the New England area.
A bridge loan is a short-term loan that “bridges” the gap between today’s need for immediate cash and the final closing of a long term financing, recapitalization or sale.
We invest in existing and to be built real estate projects on a joint venture basis with property owners and real estate developers.
Wallace Property Company completes renovation of 48-unit building Wallace Property Company, which owns, develops and manages commercial and residential real estate in New England, is nearing the completion of a three-story, 48-unit brick building renovation. Wallace Property acquired the property from the Mayo Group in June 2013 for a purchase price of $5.34 million, and immediately began upgrading the property by…
Wallace Capital, LLC arranges a $1.65 million acquisition bridge loan for a 20-acre site to 2001 Washington Street, LLC Wallace Capital, LLC, which manages a portfolio of short-term real estate loans and investments in various real estate ventures, recently provided a $1.65 million acquisition bridge loan for a 20-acre site to 2001 Washington Street, LLC. “We are pleased to provide…
Wallace Capital is a private finance company that provides immediate short-term bridge loans and joint venture equity to real estate investors, developers and builders in the New England area.
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