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Alternative Assets  + Real Estate  |  March 7, 2025
Flatiron Realty Capital Secures $1B in Credit Facilities
Joe Palmisano
By: Joe Palmisano

Flatiron Realty Capital Secures $1B in Credit Facilities

Flatiron Realty Capital, LLC has closed $1 billion in new credit facilities aimed at supporting the growth and financing of luxury single-family homes across the U.S., providing capital for brokers, mortgage loan originators, and home builders.

This achievement aligns with Flatiron’s mission to strengthen its real estate lending portfolio and expand its footprint in major U.S. markets, including New York, New Jersey, Connecticut, Pennsylvania, Florida, Texas, California, Arizona, Colorado, and beyond

“This successful closing marks a pivotal moment for us at Flatiron Realty Capital and reflects the trust we’ve built within the real estate finance sector. I’m proud of our team’s unwavering commitment to providing essential capital for the luxury home market and look forward to continuing to accelerate the pace of our real estate transactions,” said Co-founding partner Michael Ostad.

The new credit facilities will enable Flatiron to offer direct loans to luxury homebuilders, serve as an essential capital resource for mortgage loan originators and brokers, and facilitate quicker, more efficient real estate transactions within the luxury market.

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Flatiron Realty Capital LLC

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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