DALAN MANAGEMENT ASSOCIATES

SKW Funding provided a first lien mortgage in the amount of $15.0 million to finance the remaining construction of a flagged hotel in Long Island City, Queens in April 2019. At closing the project was mid-way through construction and is slated for completion by 2020. Upon completion, the hotel with have over 100 keys with direct subway access to midtown Manhattan and unobstructed city skyline views... The principals of SKW Funding have a collective experience of over 100 years in the commercial real estate industry, including financing, investing, and management of buildings in the Greater New York area as well as in other primary and select secondary US markets... Founded in 2014, the company provides every form of lending conceivable, including first lien, mezzanine, and note financing, in every category of commercial real estate. SKW Funding also actively pursues sub- and non-performing note acquisitions secured by commercial real estate throughout the country.

Also known as: Dalan Management, Dalan Management Associates, Inc

Primary location: New York United States