About Us
CRE Bridge Capital is a direct lender with a focus on commercial bridge loans between $1 million and $30 million. We specialize in quick close transactions, properties in transition or credit impaired borrowers. By being more creative and nimble than alternative capital providers we work to create opportunities while other lenders see obstacles.
Our Proven Expertise
With collective experience of over 50 years, the partners at CRE Bridge Capital have invested more than $500 million in debt and equity in a diverse array of real estate sectors, encompassing multifamily, industrial, hotels, student housing, retail, office spaces, and more.
Long History in Private Credit
While many firms are new to private credit, the managers at CRE Bridge Capital have been in the space for over 15 years each.
Vast Deal Pipeline & Unique Referral Program
Network of over 450 debt placement agents referring us deals through our broker participation program allows us to be selective in our investments.
Proprietary Pricing Model
In-house advanced model that uniquely prices commercial real estate loans based on distinct deal characteristics.
The Team
DANIEL SOBELMAN
Daniel Sobelman is the Founder and Managing Partner of CRE Bridge Capital. Daniel has been an active investor in commercial real estate for over 20 years. Over the past 10 years, Daniel and members of his team have originated, closed and serviced over $300 million of bridge loans. Of those 100-plus loans, the blended average IRR is greater than 20%.
Prior to forming CRE Bridge Capital, Daniel was the Director of Investments for a private REIT with approximately 13,000 apartments and $150 million in bridge debt. Before that, Daniel was a Managing Partner at a Chicago-based family office and served as the Managing Partner of a multifamily private equity fund.
Daniel is a graduate of Kelly School of Business at Indiana University and received an MBA from Kellogg School of Business at Northwestern University.
RUSSELL STONE
Russell Stone, in addition to being a Partner of CRE Bridge Capital, is a managing member and acting principal of the family office, Stone Financial Group “SFG”. SFG grew out of the real estate company VMS, which grew AUM to over $9 billion. SFG’s core business is real estate investing, bridge and mezzanine lending, hotel management, venture capital, innovative technology and emerging markets.
As a managing member of SFG for the past 20 years, Stone is responsible for business development, prospective investment analysis, current investments oversite and the seeking of new opportunities for the family of companies. Outside of his roles with SFG, Stone has been a managing partner in several businesses including a solar lighting company, restaurants and an e-cigarettes business.
Stone has a degree in Business from the University of Kansas. Additionally, Stone holds a degree from Kendall College in Culinary Science and Hospitality.
ALEX AMBOIAN
Alex is a Senior Associate at CRE Bridge Capital, primarily focused on deal underwriting and loan servicing activities.
Prior to joining CRE Bridge Capital, Alex was a residential real estate broker in the Chicagoland area at Baird & Warner. Alex also worked at a small family office where he was involved with various investments ranging from real estate, private equity, venture capital, and public securities.
Alex graduated from Vanderbilt University and earned his MBA from the Booth School of Business at the University of Chicago.
JOE SALZER
Joe is a Senior Associate at CRE Bridge Capital, where he focuses on Broker relations and underwriting potential new loans.
Prior to joining CRE Bridge Capital, Joe worked in the music industry in Chicago, managing artists, including Chance the Rapper. He also served as a Senior Analyst at Redstone Funding in Tampa, Florida.
Joe holds a Bachelor’s degree from Sewanee: The University of the South and a Master of Science in Real Estate from the University of Florida.
NAVIN NAGRANI
Navin Nagrani is an Executive Advisor at CRE Bridge Capital where he plays a pivotal role in the strategic growth of the company. Prior to joining the team, Navin was Executive Vice President and Principal at Hilco Real Estate with responsibilities in leading strategic initiatives for the firm, including shaping the real estate business development strategy and execution, as well as overseeing deal origination, deal qualification, and transaction structuring.
Navin currently serves on the Executive Board of Directors for the Real Estate Investment Association (REIA) where he previously served in a leadership role as President. Navin has been named to both the M&A Advisors and CFA’s prestigious “40 Under 40” top executives, and he is an award-winning member of the Turnaround Management Association.
Navin is a graduate of Loyola University in Chicago and is a licensed Real Estate Broker by the state of Illinois.
David Kastner, CPA, Chief Financial Officer
David joined CRE Bridge Capital in December 2024 as the Chief Financial Officer providing strategic leadership, and oversight of accounting, tax and finance functions. David is a Real Estate financial executive who brings a wealth of experience after spending more than 30 years in the public and private Real Estate Industry, holding various progressive executive roles with national real estate companies. David possesses a proven history as a strategic leader driving financial results while ensuring financial controls are in place to ensure integrity of data and assets.
Most recently David spent seven years as the President of Kastner Accounting & Consulting Services, Inc., providing Chief Financial Officer services to national real estate developers, owners, and funds. Prior to Kastner Accounting & Consulting, David served in various roles including three years as Portfolio Controller at Starwood Retail Partners, L.P. overseeing all aspects of the implementation of accounting systems, financial controls, and investor/property financial reporting for two retail real estate funds with a combined value in excess of $2.5B, five years as Director at RSM McGladrey, Inc overseeing their national real estate fund accounting and tax work, and Ernst & Young, LLC Real Estate Assurance and Business Services, providing audit services, external financial reporting, and managing relationships with senior executives of publicly traded and private companies in all sectors of the real estate industry. David is also involved in philanthropy and currently sponsors non-profit organization events focused on Child Protection. David has his B.S. in Commerce & Accountancy from DePaul University and is a Certified Public Accountant (inactive).
Contact
Address : 167 North Green Street Suite 400, Chicago, IL. 60607
Phone: 312-600-8293
Email: info@crebridgecapital.com