Among the many sources of loans for real estate investors and developers in the Washington area, family-owned Adler Private Lending is making a convincing case for their unique approach. This isn't your typical hard money.

A leader in real estate-related transactions in the greater Washington market for over 40 years, Adler Private Lending has an origin story straight from our national ethos of the American Dream.

At age 21, founder Leonard Adler was honorably discharged from the US Army with just two weeks pay in his pocket. Over the next 25 years, Len was able to grow a single retail variety store into an eleven-store chain called Total Crafts. When the chain was sold, Len, together with his son Dan, began focusing on real estate and making small commercial loans, beginning what is now Adler Financial Group.

Today, Adler Private Lending (a division of Adler Financial Group) uses 100% of their own funding to grant competitive loans ranging from $250K to over $5 million. The company has financed more than 500 house flips and, in an average year, more than $40 million in loans for condo conversions, shopping center refinancing, joint venture partnerships, residential rehab and ground-up development. They’ve also worn the developer hat for projects like the Mission apartments on 14th Street.

"We own shopping centers in Virginia, storage facilities in Maryland, luxury apartments in DC, and everything in between," explains Adler Financial's Project Manager John Burns. "That leaves us very well versed in commercial real estate." More information about Adler Private Lending's loan options can be found here, and John can be reached at jburns@adlerfinancial.com or 703-591-0345 x128.

Apart from being completely independent, what separates Adler Private Lending from the pack?

First, while banks are often timid about lending to a project’s potential without the reference of a strong track record, Adler Private Lending is comfortable doing so, and will price loans based on their after-repair value.

Second, legal and analytical work is done in house. With no third-party barrier, the team is able to make lightning-quick decisions about loans and can even give a borrower the “ok” within a matter of hours.

Third, the team appreciates that projects can be time-sensitive and unpredictable, so extensions are flexible, and agreements with borrowers require less documentation than banks do and don’t necessarily require appraisals or surveys.

Finally, the company’s principals are masters at connecting clients with hosts of personally-vetted resources (contractors, realtors, developers, etc.), but otherwise stay out of the way of their borrowers.

Following is Adler’s general criteria for loans, though they recognize that each deal is unique:

• Base value between $500K and $5M
• First lien on the property and a term of 9-18 months
• Loan value of less than 70% of the project value (either as is or after repair, depending on the deal)
• Project is preferably “by-right”
• Project is based in the DC-metro area, including Washington, DC, Northern Virginia and Southern Maryland

Adler Private Lending is always open to speaking with potential clients about projects in the Washington DC area, and the team looks forward to working relationships with anyone in need of flexible real estate financing. For more information, visit the company website or contact them directly here. John Burns is available at jburns@adlerfinancial.com or 703-591-0345 x128.