BRONZE LENDER
Founded in 2017 by real estate and finance visionaries Ezra Dweck and Joseph Oved, IceCap Group began with a bold mission: to deliver fast, transparent, asset-backed bridge and rehab financing for real estate investors. We are institutionally managed and backed by a family office with over 30 years of real estate investing history.
Since inception, our model has emphasized tailored capital solutions, high-touch service, and the bridge loan agility traditional banks simply can’t match. Back then, and today, our strength lies in our deep underwriting capability, speed to close, and entrepreneurial mindset.
IceCap Group releases construction reserves based on the percentage of completion. The borrower submits a draw request with invoices or a progress report, IceCap sends an inspector to verify the completed work (typically within a day or two), and then funds are released. The inspection is a physical, on-site visit rather than a virtual one, so borrowers should build the one to two day inspection window into their draw planning.
On closing speed, IceCap publishes timelines by program: bridge loans typically close in under two weeks, fix and flip generally within two weeks, ground-up usually in two to three weeks, and DSCR commonly within two weeks. For rehab and construction investors, the percentage-of-completion draw structure with a quick physical inspection is the core of the process, and the published two to three week ground-up close is the key timeline to plan around.
IceCap Group, operating as Ice Lender Holdings, is a New York private lender offering short-term bridge, fix and flip, ground-up construction, and DSCR term loans on residential, multifamily, and mixed-use property.
• Fix and flip: up to 100% financing for experienced investors (20 or more successful exits) on light rehab, with rates starting at 7.99%.
• Ground-up construction: rates from 8.99% (8.5% for light rehab at 75% LTV), on 12 to 24 month terms.
• DSCR term loans from $100K to $3M, with a maximum 75% LTV.
• Loan sizes run from about $100K up to $5M or more.
IceCap Group, operating as Ice Lender Holdings LLC, is a private money lender headquartered in New York, New York, offering short-term first-lien bridge, fix and flip, DSCR term, and ground-up construction loans on residential, multifamily, and mixed-use property. It lends to entities and individuals (entities only in certain states) for business purposes across eligible states nationwide. A National Private Lenders Association (NPLA) award recipient, it operates under NMLS ID 2109185.
