About Us
GDL Capital
GDL Capital is a private lender specializing in real estate investments, both in the permanent debt and single-family/multi-family construction spaces.
With more than 30 years of experience in the industry, we have built a full suite of investment products, including single-family construction loans, fix and flips, bridge, multifamily loans, and 30-year permanent debt for single-family investment.
Our mission is to address the country's housing shortage by providing debt to top-tier home builders and contributing to the growth of American families.
Loan amounts of 500k-50mm
In addition to our lending services, GDL Capital also holds equity investments.
Eric Thomas
Managing Partner
Eric brings over 30 years of experience in the real estate industry to GDL Capital. With a background in both business ownership and real estate investments across multiple asset classes, Eric is well-equipped to guide clients in structure and execution. He has been involved in over 3,000 transactions in residential investing and funded over 1 billion in private debt and equity. Eric has also served on the executive teams of three national private lenders, playing a key role in building billion-dollar loan origination companies from the ground up.
Kelly Thomas
Partner
With a background in the medical field and over a decade of experience in real estate, Kelly brings a unique perspective to GDL Capital. In her previous role, she helped onboard new clients and execute documents for self-directed IRA's, enabling individuals to successfully invest in real estate with GDL Capital. Kelly has also flipped over 30 houses in downtown Austin and managed her own real estate investments in Lakeway, Texas. She is also the CEO of Bluebird Morning Café + Eatery in Chagrin Falls, Ohio.
About Us
Foundation
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Eric has been in real estate in some form or fashion for over 30 years.
The first 15 years his career he was an investor and builder just like most of our clients.
He has invested in hundreds of houses and has done two midsize developments of 225 and 325 homes.
For the last 15 years, he has been mostly in IRA investments and Capital Mar
Eric has been in real estate in some form or fashion for over 30 years.
The first 15 years his career he was an investor and builder just like most of our clients.
He has invested in hundreds of houses and has done two midsize developments of 225 and 325 homes.
For the last 15 years, he has been mostly in IRA investments and Capital Markets.
He has been fortunate enough to be on the executive team of the largest self-directed IRA company in the country and been on the executive team of three national private lenders.
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Loan Products:
- Single family ground up
- Multifamily ground up
- Multifamily with capex
- Bridge
- Fix and flip
- Permanent debt DSCR loan - with cash out and rate/term
- BTR Construction
- MHP & RV Park construction
- Multifamily Perm - no max unit count
- Project recapitalization
- Construction completion
- Cash out Bridge on SPEC/Model Homes
- Programs available f
Loan Products:
- Single family ground up
- Multifamily ground up
- Multifamily with capex
- Bridge
- Fix and flip
- Permanent debt DSCR loan - with cash out and rate/term
- BTR Construction
- MHP & RV Park construction
- Multifamily Perm - no max unit count
- Project recapitalization
- Construction completion
- Cash out Bridge on SPEC/Model Homes
- Programs available for Well-healed sponsors - with max leverage and great coupons
- Programs available for first time Fix and Flip & New Construction investors
If are needing debt in the above asset classes.
Please connect with us. Happy to visit.
Execution
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Execution
In some cases, We are the direct lender and in some cases, we have great relationships with colleagues such as private lenders, including family offices, all across the country.
After a conversation and understanding your file and what you are trying to accomplish;
We typically will tell you within five minutes whether or not we think we
In some cases, We are the direct lender and in some cases, we have great relationships with colleagues such as private lenders, including family offices, all across the country.
After a conversation and understanding your file and what you are trying to accomplish;
We typically will tell you within five minutes whether or not we think we have a product that fits your needs.
If we believe your loan is viable and after appraisals are ordered, typically 70% of our loans close.
Sometimes in the underwriting process things come back and make it an unfundable loan, sometimes lenders don’t perform and sometimes capital markets shift.
The market moves hourly and programs can change.
Typically, the lenders we work with and when we lend our own money, we have a lot of control over because we’ve done business together before.
If that sounds good to you, we look at our role as the 1950s banker you could tell a story to and if they believed in you, they would get your loan funded.
That no longer exists.
So we try to do that for good builders and investors all over the country.
Except frankly,
It’s a lot cooler now.
There’s lots of interesting projects and products out there since the 1950s, markets have grown and there’s interesting ways to execute through private lending, of course.
Ultra wealthy individuals, insurance companies, family offices, funds, REITs and securitizations.
We have worked with First time Fix and Flippers to Top 100 builders.
Cheers to conversations.