New Silver Lending LLC (“New Silver”) is a technology-enabled, non-bank lender focused on providing short-duration mortgages collateralized by residential real estate in the United States with a focus on “fix and flip” single-family investment properties. New Silver was founded in 2018 and has originated more than $150 million of loans with no foreclosures to date.



New Silver built and utilizes proprietary and scalable technology that provides automated loan approval, pricing, underwriting and value-add tools for borrowers. New Silver is able to lend in 41 states in the US and is licensed as a CFL Lender in California.

Description

New Silver works with real estate investors who want to buy, renovate and resell or buy, renovate and hold a property for profit. New Silver operates in 41 states in the US, and is licensed in the state of California as a CFL Lender. New Silver offers a number of products and services, with the below 2 loan products being the primary business activity for which funds raised in this offering will be used:

- Fix & Flip (FF) - for borrowers who want to purchase, renovate and resell the property
- Ground Up (GU) - for experienced borrowers who will perform heavy rehab on the subject property

Strategy

Over the last two years, we have originated more than $130 million of loans with ~$50 million securitized on the blockchain. Our annual investor returns have historically averaged between 15-20%.

Traction

New Silver

The management team has deep expertise in real estate management, property development, investment and building disruptive technologies.

Manager Profile