Alcova Capital Management Email Format
Investment ManagementNew York, United States2-10 Employees
Alcova Capital Management is a direct lending firm focused on mid-market commercial real estate across highly liquid markets in the United States. It provides short-term bridge lending to real estate owners, typically in the $5-50 million range, to support acquisitions, repositioning, and development opportunities. The firm engages across property types with structures that may include first mortgages, B-notes, mezzanine debt, and preferred equity, generally priced at 8-11% with terms of nine to 36 months. Loan proceeds may include reserves to cover interest shortfalls and repositioning costs in line with a business plan, enabling borrowers to refinance with a more conventional loan upon completion or stabilization. Based in New York City, New York, the firm operates with a small team serving markets nationwide.