The Commercial Real Estate Lending Department at IDB Bank takes pride in its ability to understand the real estate industry and our clients' requirements.
Our officers are experienced and knowledgeable lenders who are able to tailor loans to meet the financial needs of our clients and keep pace with changes in the marketplace, while maintaining a high level of credit quality. We also place great emphasis on personalized attention and responsiveness.
Our niche is lending against income-producing properties where we are typically first mortgage recourse lenders. We offer a full spectrum of short- and long-term loans at competitive fixed or variable rates for most types of commercial real estate projects. Principal products include lines and letters of credit and fixed and floating rate loans for a wide range of investment properties, including facilities for acquisition and adaptive re-use. Our niche is lending against income-producing properties; however, we will entertain loans secured by a wide range of real estate collateral.
Our goal is to establish, nurture and develop long and prosperous relationships, always maintaining the highest level of service.
Sten F.B. Sandlund, SVP
Manager, NY Real Estate Lending
511 Fifth Avenue
New York, NY 10017