$8.5M
Fisher Island condominium
Miami Beach, FL
4,000 sq ft condominium appraised at $15.5M. Six months of interest prepaid.
Private business-purpose lender · Led by Yonel Devico
Crosby Lending
Bridge capital for real estate deals that can't wait for a bank.
Business-purpose loans from $100K to $50M on commercial and investment property in all 50 states. Asset-based decisions, terms in 24–48 hours.
- Loan size
- $100K – $50M
- Max leverage
- Up to 65% LTV
- Interest rate
- From 9% annually*
- Origination
- From 1 point (1%)*
*Starting annual interest rate, not APR. One origination point equals 1% of the loan amount. Other fees and closing costs may apply. All terms are subject to underwriting; starting pricing is not available for every deal.
Loan programs
One lender. Every stage of the deal.
We only lend for business purposes — to investors, developers, funds and their brokers.
Commercial Bridge Loans
Short-term, asset-based capital for multifamily, retail, office, hospitality and mixed-use.
Learn moreResidential Investment Bridge Loans
Business-purpose bridge loans on non-owner-occupied 1–4 unit, condo and luxury homes.
Learn moreFix & Flip / Rehab Loans
Purchase plus renovation funding for experienced investors repositioning property.
Learn moreGround-Up Construction Loans
Private construction financing for shovel-ready residential and commercial projects.
Learn moreNote-on-Note Financing
Leverage against performing or non-performing mortgage notes you own.
Learn moreNot sure which fits?
Send us the deal. We'll structure it.
Submit a dealSpeed
Indicative terms in 24–48 hours, closings in as little as 7–10 days.
Direct capital
We lend our own funds. No committees, no brokers in the middle.
Asset-based
We underwrite the property and the exit — not just your tax returns.
Broker friendly
Brokers are protected and kept informed through closing.
Recently closed
We close deals all the time.
$6.6M
15,000 sq ft waterfront estate
Orlando, FL
Twice appraised over $15M — a 41% LTV loan including six months of prepaid interest.
$917K
One Hotel residence
Miami Beach, FL
Originated at 11% with a two-year maturity at 64% loan-to-value.
Leadership
Led by Yonel Devico
Yonel Devico founded Crosby Capital USA in 2012 and has built a track record across equity, debt and hybrid real estate investments — with a focus on complex and undervalued opportunities. Crosby Lending brings that experience to investors who need certainty of execution.
How it works
From submission to funding.
- 01
Submit your deal
Property, value, loan amount and exit — two minutes online.
- 02
Term sheet in 24–48h
A decision-maker reviews and sends indicative terms.
- 03
Underwriting
Valuation, title and a short sponsor review.
- 04
Close and fund
As fast as 7–10 days from signed term sheet.
Questions
Frequently asked
What is Crosby Lending?+
Crosby Lending is a private real estate lender. We originate business-purpose bridge loans, finance note-on-note transactions, and buy and sell non-performing notes nationwide.
Who is behind Crosby Lending?+
Crosby Lending is led by Yonel Devico, who founded Crosby Capital USA in 2012. His experience spans equity, debt and hybrid real estate investments, with a focus on complex and undervalued opportunities.
Do you offer consumer or owner-occupied loans?+
No. We lend only for business purposes to investors, developers and entities. We do not finance a borrower's primary residence.
What loan sizes do you offer?+
From $100,000 to $50 million, on commercial and non-owner-occupied residential property in all 50 states.
What are your leverage, rates and origination fees?+
Leverage is up to 65%; annual interest rates start at 9%, and origination starts at 1 point (1% of the loan amount). These are starting terms, not guaranteed quotes or APR; other fees and closing costs may apply. Final terms depend on underwriting.
Have a deal? Get terms in 24–48 hours.
Two minutes to submit. A direct decision-maker reviews every deal.