Sector
KANDO id: 1237121

Corporate information

Official name
Procida Funding & Advisors, LLC

Overview

Procida Funding & Advisors, LLC is a direct commercial real estate lender and advisory firm providing bridge, construction, mezzanine and equity financing through its 100 Mile Fund. Since 1995, Procida Funding and related entities have been specializing in all aspects of commercial real estate and secured corporate lending. The firm has successfully completed over $2 billion in transactions. In October of 2011 Procida launched its third fund, the 100 Mile Fund, an open-ended local real estate investment fund that will give capital to builders and operators within a 100-mile radius of New York City. Since inception the Fund has closed over $155 million in projects. The fund has achieved an IRR of 15% to investors net of projected performance fees.



Funds managed

Fund Type Vintage Currency Committed capital IRR
100 Mile Fund LLC Real estate 2011 12.43 %

Funding rounds


Investment activity status
Active investor

Current team

Financials