Kyle Altenau

Background

About Kyle Altenau

Kyle brings almost a decade of private and bridge lending experience to the Progress Direct team. He has been responsible for the underwriting and origination of over $250 million in directly funded bridge loans. Kyle has worked alongside a myriad of different capital partners from institutional level investors, to high net worth individuals. His work and experience alongside capital partners allows him to thoroughly understand all sides of the transaction from the needs of the borrower to understanding yield adjusted risk for investors. Progress Capital is a leading commercial real estate advisory firm specializing in arranging debt for commercial real estate owners, operators and developers. Since 1990, Progress has successfully closed in excess of $40 Billion in commercial loans and directly funded over $150 Million. With 30 years of industry leading experience, Progress Capital has an unrivaled network of lending partners and capital market relationships allowing us to provide you with flexible custom financing solutions. Progress Direct, a bridge financing platform at Progress Capital used in a variety of circumstances for short term capital where a traditional lender would not be ideal. These scenarios include but not limited to the following-Acquiring foreclosed property at auction -Construction capital for re-positioning a property that is currently under-performing -New construction project development costs -Land acquisitions for proposed development -New Construction -Partner buy-out -Any scenario in which permanent financing is unavailable For more information, visit our website at https://progresscapital.com/progress-direct/ Kyle Altenau, Vice President PROGRESS CAPITAL 732-720-6307 (office) 862-368-5004 (cell) kyle@progresscapital.com New Jersey Office: 620 Tinton Avenue, B-100 Tinton Falls, NJ 07724 732-389-9701 New York Office: 48 Wall Street, 11th Floor New York, NY 212-400-7151