CRE N Illinois

Attorney launches new private-lending firm

Jonathan Hornik recently launched his new private-lending firm, Navesink River Capital, which will provide real estate financing of $75,000 to $2 million.

[caption id="attachment_21711" align="alignleft" width="150" caption="Jonathan Hornik"] Jonathan Hornik recently launched his new private-lending firm, Navesink River Capital, which will provide real estate financing of $75,000 to $2 million.

The firm, which provides financing for all property types, has already closed on three loans and is currently “working on several others,” said Hornik. One of the deals is centered in Chicago.

Before launching Navesink River Capital, Hornik served as general counsel and executive vice-president, sat on the credit committee and was involved in the business direction of one of the largest private lenders in the country. He remains an active partner in the law firm of LaRocca Hornik Rosen Greenberg & Blaha, and is also the two-term mayor of Marlboro, N.J., a 41,000-resident township in Monmouth County, N.J.

“With my experience both as an attorney and as a commercial lender, Navesink River Capital has the ability to get its hands around difficult situations that other lenders might not be able to handle,” said Hornik in a written statement. “We will find solutions that only come with experience and attention to detail to get transactions done. Our unique experience and focus on professionalism is a refreshing skill set for potential borrowers.”