SCALE Lending, the debt-financing arm of Slate Property Group, has made an initial partnership with Harel Finance to support the deployment of construction and bridge loans on multifamily and condo projects in the United States.
SCALE directly originates $50 million to more than $150 million senior secured whole loans with a primary focus on local owner-operator borrowers for developments in the New York City Metro area, Florida, and select high-growth transit-oriented markets on the East Coast.
During the past nine months, SCALE has successfully closed on more than $800 million in financing and now has more than $1 billion in the pipeline.
Overall, this is the third SCALE strategic-lending partnership. The SCALE platform has invested $2.3 billion in credit since launching its first partnership in 2018.
“We’re excited to expand our capital relationships by bringing on Harel Finance, an institutional partner that shares our vision and recognizes t
