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New Silver acquires Mayflower Venture Partners

New Silver Lending LLC has acquired Mayflower Venture Partners, expanding its presence in New England’s fix-and-flip and construction lending markets, the company announced on Wednesday.

Quincy, Massachusetts-based Mayflower is a direct lender focused on loans for single-family and small multifamily properties throughout New England. The firm, founded by Hussien Skaiky, has emphasized fast term sheets, hands-on underwriting and a streamlined draw process for ground-up construction and renovation projects.

Meanwhile, New Silver — based in West Hartford, Connecticut — is a tech-focused lender to real estate investors that finances short-term business-purpose loans. More recently, it began offering longer-term rental details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com

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