Mike Boggiano, former senior vice president and national sales manager of Silver Hill Financial LLC, has announced the launch of SL Capital LLC, a full-service commercial mortgage banking firm providing capital from $3 million to $200 million-plus, for a variety of commercial loan programs and non-performing notes nationwide. SL Capital is an affiliated company of the Lynd Company, an established organization with more than 30 years of experience in multiple facets of the commercial real estate markets. Boggiano will serve as president of SL Capital.
"Investors are coming back to the market and deals are closing—there is a need for access to competitive capital, and we knew we could provide it in one convenient source," said Boggiano. "With our national network of commercial lending relationships, experience, and affiliation with Lynd Company, we're able to assist investors and execute the type of transactions they need to capitalize on opportunities in the market."
SL Capital offers a variety of national loan programs including commercial mortgage-backed securities (CMBS), multifamily financing, mezzanine debt, preferred equity, bridge loans and senior financing for non-performing notes. SL Capital has also been designated a correspondent lender of Cantor Fitzgerald's Cantor Commercial Real Estate, offering CMBS fixed- and floating-rate loans from $5 million to $200 million-plus for stabilized commercial properties including multifamily, office, retail, industrial, warehouse, self-storage, mobile home park, assisted living and hospitality.
Steve O'Shaughnessy, former vice president of loan acquisition for Bayview Financial, and Jonathan Mettel, former vice president of sales for Silver Hill Financial, join Boggiano, rounding out a team with decades of industry experience through multiple market cycles and billions in commercial loan transactions.
