CREF

Aurum and Sharpe was founded in 2017 by me, Bryan Hanley, and one of my best friends, Rudy Renelique. After many years working at big banks like Chase, and Wells Fargo, we decided we could bring value to a mortgage market that was starving for independent thinkers. So we started Aurum and Sharpe over a phone call about financing a multi-family deal in Brooklyn. Since starting this business we’ve been on many adventures from financing a $20 million portfolio of single families, to meeting the President of Rwanda and Finance Minister of Namibia.

Rudy has gone on to start his own firm, Overture Capital, while I’ve stayed on to grow Aurum and Sharpe. Aurum is the original Latin word for gold (that’s why the periodic table has it listed at Au). We chose it because we think of our word as “as good as Gold.” And in that vein, we want to add value to every customer we come in contact with. Our promise is that by working with us, you will increase your Freedom, Purpose, and Fulfillment.

Our process includes learning your overall objectives and where you want to go in your life so that we make sure your financing enhances your life and gets you to your destination much faster. What that means though, is that we are not like every other broker on the street that will only do a surface level amount of learning about you, your life, and your motivations. For us, that is Gold. We want to learn how we can tailor your financing so that you thrive in your life! So before we talk about rates, terms, or anything else, we are going to try and figure out how to add value through financing.

We know this approach isn’t for everyone. But if this resonates with you, lets talk: 917 475 6207

May 31, 2017

The Office Condo Market in New York City

Office condos are buildings with individual units that companies can purchase as office space. Though they are relatively new in the United States, they’re becoming increasingly common in big cities with limited space, such as New York City. Here is a quick breakdown of the office condo market in NYC.   Who is investing? Nonprofit organizations are the largest classification of office condo buyers in New York City, making up 24% of buyers. For the approximately 25,000 nonprofits based in NYC, office condos are the ideal choice for office space because they’re the ideal size, and they’re economical. Nonprofit organizations benefit more from owning their office condos instead of leasing. Owning protects them from being forced to leave due to expensive rent. In addition, in the United States, nonprofit organizations are exempt from property taxes if they buy their office […]
May 24, 2017
closing costs on office condos

Closing Costs on Office Condos in NYC

  An office condo is a great investment for small business owners looking for affordable office space in a great location. However, before you obtain an office condo, it’s important to be aware of all the potential fees you may incur along the way. Closing costs on commercial real estate are generally much higher than those of residential property, and can run into the tens of thousands of dollars. Below is a quick breakdown of some of the buyer’s closing costs on office condos in New York City.   Attorney The first fee you may run into in the process of purchasing an office condo is the attorney fee. It is highly recommended you get a commercial real estate lawyer to help you negotiate the transaction and complete any complicated paperwork. This can cost approximately $5,000. Origination fees Origination fees, […]
May 22, 2017
office condo

Things to Consider About Office Condos

If you’re the owner of a small company, finding adequate office space can be pretty daunting. There are so many factors to consider, such as size, location, and price. Office condos are a relatively new concept that’s growing in popularity. Just like a residential condo is a building with units people can purchase as living space, office condos are buildings with individual units that companies can purchase as office space. These buildings are becoming more common, especially in big cities where space is limited. The market for office condos is new, but fast-growing, as these lower-cost spaces fit the needs of so many.   How to know if an office condo is right for you An office condo could be the perfect place to conduct your business, depending on what kind of company you have. In our rapidly digitizing society, […]
May 22, 2017
finance office condo

Financing an Office Condo in New York City

New York City is a great place to conduct business. As the most populated city in the United States as well as the most diverse, you are sure to find a wide array of clients looking for what you have to offer. Because space is limited in NYC, many smaller companies are turning to office condos for office space because they’re the more economical option. However, chances are you’ll still need help from a lender to finance one. The process of investing in an office condo in New York City can be complicated, but evaluating all your options and making sure you have everything you need can make it a lot easier. Here are some things you should know about financing an office condo in NYC:    Types of loans available The types of loans available to you depend on […]