A Solution In High Demand
The current economic environment throughout Rhode Island, Massachusetts and New Hampshire is producing opportunities for construction companies, builders, and ‘fix & flip’ real estate investors. To capitalize in this highly competitive niche market, opportunistic investors and entrepreneurs need the ability to act quickly by securing financing in an accelerated timeframe; this is where highly regulated traditional lending institutions fall short.
In 2015, EMCAP (formerly Emerald Capital) was formed to provide time-sensitive, first mortgage bridge financing to real estate investors to fund purchases and renovations of non-owner occupied residential and commercial properties. Increased regulation of the banking industry has impeded conventional financing as an option for real estate investors in fast-moving and competitive real estate markets. EMCAP was created to fill this void.
EMCAP is wholly owned subsidiary of Procaccianti Companies. Founded in 1958, Procaccianti Companies is a diversified real estate investment and services organization headquartered in Cranston, Rhode Island. With a focus on core, core plus, value add and opportunistic investments in all sectors of real estate, Procaccianti Companies deploys a sophisticated platform of operating companies to maximize yields, drive asset value, and deliver above-market risk adjusted returns.
Procaccianti Companies (“Procaccianti”), one of the largest privately owned real estate investment and management firms in the U.S. The Firm has completed nearly 1,000 real estate transactions having owned, developed or managed hundreds of assets including hospitality, office, retail, industrial, multi-family, residential, and land. For more information about Procaccianti Companies, please visit www.procaccianti.com.