Layla Capital

About Layla Capital

Layla Capital is a direct lender based in Boca Raton, FL (formerly New York City) that specializes in small to middle market debt opportunities in primary and secondary markets nationwide, with a greater focus on the East Coast and Midwest. Founded on the principles of transparency, reliability and consistency in asset-based lending, Layla remains focused on building loyal client and broker relationships over time with a proven track record and certainty of execution. Layla Capital’s lending platform offers loans up to $10 million and specializes in core real estate assets, including single-family investment properties, multifamily, mixed-use, retail, office, development sites and other commercial property types. We consider all situations and offer a wide range of flexible solutions to borrowers in need of private, quick and creative capital.Loan types include 1st Mortgages, Second Mortgages, Blanket Mortgages (Cross Collateralized), and in certain situations, Preferred Equity Investments. Layla will consider lending in any of the following situations: Acquisitions, Refinance, Construction, Renovation, Rehab, Value-Add, Lease-up, Partner Buy-Out, Cash Out, Bridge-to-Sale, Foreclosure and/or Bankruptcy Bail-Out, Pre-Development, and various other situations.Loan Rates start at 8% plus 1.5 Points, with a Maximum LTV of 75%. Loan Terms range from 1-3 Years.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Storage, Mixed Use, Warehouse, Industrial, Medical, Land

Areas Served: CO, CT, DC, DE, FL, GA, IL, IN, MA, MD, MI, NC, NJ, NY, OH, OR, PA, RI, TN, TX, VA, WA

Licenses: Real Estate Broker, California Bureau of Real Estate CA BRE# 01901827, Lender and Broker with the California Department of Business Oversight, DBO# 603I920

Lending Guidelines for Layla Capital

Below are the general loan guidelines published on the Layla Capital website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Layla Capital.

Loan Example 1

Jason finds a townhouse in Brooklyn, NY to remodel and re-sell. Since he doesn't have enough cash available to purchase the $380,000 project outright, he takes out a fix-and-flip loan from Layla Capital. The loan to value (LTV) on the deal is 65%. This means that Jason will have to bring 35% of the sales price to the closing and the principle amount will be $247,000 on the loan. The loan also includes the following features: 1) a 6 month term, 2) a 12% interest only note, and 3) a three point origination charge.

Jason will need to bring $133,000 to closing (35% on the 65% loan-to-value), plus he will have to pay the $7,410 origination fee. After the loan is executed and Jason takes on the project, he will have to begin making monthly payments of $2,470 to the lender ($247,000 principle x 12% / 12 months). If Jason sells the project for $494,000 after 6 months, he would earn a gross profit of $91,770 after subtracting the principle amount of $247,000, the cash paid at closing of $133,000, the origination fee of $7,410, and the aggregate interest payments of $14,820. This gross profit doesn't account for renovation costs.

Loan Example 2

Alison takes out a hard money loan from Layla Capital so she can remodel a townhome to re-sell in Brooklyn, NY. The loan has the following terms:

$370,000 purchase price
50% loan to value (LTV)
12 month term
13% rate of interest
4% origination fee

Alison intends to sell the property when the note expires for $499,500. If she achieves this goal, the outcome would be the following:

$499,500 sales price
- $185,000 note principle (50% LTV)
- $185,000 cash paid at closing (50% on 50% LTV)
- $7,400 origination fee (4% of the $185,000 principle amount)
- $24,050 total interest paid (12 months x 13% interest)
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= $98,050 total profit (does not include taxes or renovation costs)