
Miller Frishman Group provides development, acquisition and interim financing for projects that need creative, hard-money financing solutions quickly. The company offers fast-turnaround, asset-based financing for bridge loans, gap financing, short-term credit resolution, emergency project rescue funds and other short-term commercial and investment real estate funding.
Founded in 1998 under the name Rapid Funding, for the past ten years Miller Frishman’s Rapid Funding division has financed all types of real estate across the US including land development loans for residential and commercial property (entitled and unentitled), shopping centers, multi family, office buildings, industrial, and construction loans on condominium buildings.
As a commercial and residential hard money lender, the firm has loaned in excess of $200 million since 1998 for land acquisition and development, commercial property, and both owner and non-owner occupied residential property nationwide. The company specializes in secured real estate lending and cater to brokers and individuals who have an immediate need for additional cash for their real estate transactions.
Because of their experience with many property types over many years in diverse geographical areas and diverse market conditions, the principals are sophisticated enough to see past short-term problems and focus on project potential.
The company's bridge loan program is appropriate for those needing funding for a property that's difficult to finance, and/or for borrowers with credit problems or those who can't supply income verification, or real estate projects that need quick emergency cash. Equipped to look beyond bad credit, insufficient loan-to-value, loan complexity, and inadequate sources of repayment, the company is often in a position to be able to help those who have been turned away by traditional lenders.
Additional Services
In addition to sourcing and servicing real estate loans through bridge loans and other financing alternatives, Miller Frishman Group also handles all of its own workouts and sales as well as leasing and property management and consulting. The company also purchases distressed or defaulted real estate loans, and is involved in commercial loan surveillance, loss mitigation, foreclosure, receivership and workout services.