new york city

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

December 28, 2021

The Step by Step Guide to Refinancing Your Underlying Co-op Mortgage

There are a lot of benefits to refinancing your underlying co-op mortgage. These include a lower interest rate and changing your loan term. Depending on your why, refinancing may be the right choice for your co-op mortgage. Borrowers save an average of $2,800 annually by refinancing their loans. With a 10-year loan, this would equal out to $28,000.  Underlying co-op mortgages have shorter terms than residential mortgages and often have balloon payments at the end, so refinancing is common with these types of loans.  Keep reading to understand how to refinance an underlying co-op mortgage.  What is an Underlying Co-Op Mortgage? It’s important to understand what a mortgage is and how an underlying mortgage differs. Co-ops have special mortgages and rules on how funding works. What is a Mortgage? A mortgage is a loan that uses a form of real estate as […]
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, […]