New York · Private Real Estate Credit

Senior Debt for Serious
Real Estate Operators

Bridge and construction loans from $1M to $15M — structured for speed, held on our balance sheet, and closed in as few as 2 weeks.

60+
Loans Originated
$1M–15M
Loan Size
Who we are

Institutional Capital.
Speed, Flexibility, Certainty.

Module Five Capital

Module Five Capital is a versatile national lending platform providing institutional-quality bridge and construction financing across all real estate asset classes.

We provide flexible, asset-backed financing solutions with a focus on speed, creativity, and reliable execution. As a balance-sheet lender, we originate, underwrite, and hold every loan we make — aligning our incentives fully with our borrowers.

Unlike traditional lenders, our principals are active real estate owners and developers — giving us a ground-level perspective on every deal we underwrite.

Founded 2020
Headquarters New York, NY
Loan range $1M – $15M
Max LTV / LTC Up to 75%/85%
Lending type Balance Sheet
What we finance

Asset Classes We Finance

We lend across a broad spectrum of property types throughout New York and the tri-state area.

Lending Solutions

Our Loan Products

Senior first mortgage financing structured around your deal — flexible terms, full balance-sheet lending, and certainty of execution.

Bridge Loans

Flexible capital for acquisitions, bridge refinancing, and transitional assets where conventional lenders fall short.

  • Loan Size$1M – $15M
  • Term6 – 24 Months
  • LTVUp to 75%
  • Rate10% – 12%
  • ClosingAs fast as 2 weeks

Construction Loans

Construction completion financing for ground-up development and major renovation projects with monthly draw schedules.

  • Loan Size$5M – $15M
  • Term6 – 24 Months
  • LTCUp to 85%
  • Rate10% – 12%
  • ClosingAs fast as 2 weeks
How it works

Streamlined from Day One

Four steps. No committees, no re-trades. From initial inquiry to funded loan in as few as two weeks.

01

Sourcing & Inquiry

Submit your deal. We respond with preliminary terms within 24–48 hours.

02

Due Diligence

Precise underwriting, appraisal, title review and financial analysis — handled in-house.

03

Closing

We close in as few as 2 weeks. No surprises, no re-trading at the closing table.

04

Loan Management

We service every loan we originate. No transfers, no third parties — direct access to your lender from close to payoff.

Market opportunity

Why Private Credit, Why Now

Increased CRE Credit Demand

A surge in lending over the past five years has created significant refinancing demand, driven by a large wave of loans approaching maturity. Rising rates and lower valuations have led to financial dislocations, increasing the need for flexible capital.

$1.2T in CRE loans maturing 2024–2025

Decline in Bank Lending

Tightened standards and bank deleveraging have significantly reduced access to conventional financing for transitional assets.

Attractive Risk Positions

The sharp rise in interest rates has triggered a valuation adjustment in CRE, resulting in a stronger basis and lower-risk credit position.

Elevated Rates Driving Strong Yields

Higher base rates and wider margins have substantially increased yields for lenders. Forward curves indicate elevated coupons will continue to provide attractive opportunities for the foreseeable future.

Leadership

The people behind the capital

Contact the team

Max Gejerman

Managing Partner

Max Gejerman

Managing Partner

Max leads capital markets and originations at Module Five Capital, bringing over a decade of experience in commercial real estate lending and investment.

Yehuda Krauss

Managing Partner

Yehuda Krauss

Managing Partner

Yehuda focuses on originations, investor relations, and operations at Module Five Capital, with extensive experience in property management and real estate development.

Nisson Hyman

Managing Partner

Nisson Hyman

Managing Partner

Nisson oversees deal structuring, underwriting, and asset management at Module Five Capital, bringing extensive investment experience across debt and equity.

Raoul Stein

Senior Credit Advisor

Raoul Stein

Senior Credit Advisor

Raoul guides Module Five Capital's strategic and credit decisions with over two decades in private credit. Currently Managing Director at BlackRock. Co-Founder of Kreos Capital (acquired by BlackRock in 2023).

Get started

Have a Deal? Let's Talk.

We review new opportunities daily and respond within 24–48 hours. Submit your deal summary to get started.