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Real Estate Debt Advisory

Two Bins
Capital

Institutional-grade debt solutions for complex real estate transactions

A Different Kind of
Debt Advisor

Two Bins Capital is a real estate debt advisory firm specializing in arranging and structuring complex financing solutions across all asset classes and capital stack positions.

We leverage deep lender relationships and capital markets expertise to deliver bespoke debt solutions — from construction and bridge loans to recapitalizations, note sales, and everything in between.

Our principals bring decades of combined experience and have closed over $8.4 billion across 384+ transactions spanning New York, New Jersey, Florida, and beyond.

~$1B
Avg. Annual Volume
384+
Closed Transactions
2016
Founded
NYC
Headquartered

Areas of Expertise

Construction Financing

Ground-up and value-add construction loans for residential, hospitality, and mixed-use developments across major metropolitan markets.

Bridge & Transitional Debt

Short-term bridge loans and transitional capital for acquisitions, recapitalizations, and lease-up strategies across all property types.

Recapitalizations

Complex recaps and refinancings including note-on-note structures, mezzanine debt, and preferred equity across stabilized and transitional assets.

Note Sales & Acquisitions

Advisory on distressed note sales and acquisitions, representing both buyers and sellers in the secondary debt market.

Investment Sales

Select disposition advisory for office, hospitality, industrial, and mixed-use assets where our debt market expertise creates a competitive edge.

Mezzanine & Preferred Equity

Subordinate debt and preferred equity solutions filling the gap between senior financing and sponsor equity, structured to match asset-specific business plans.

Structured Finance

Whole loan, A/B structures, and complex multi-lender facilities tailored to sponsor objectives and asset-specific business plans.

Why Clients Choose Us

Lender Relationships

Direct access to a broad network of banks, debt funds, family offices, and alternative lenders across all risk profiles — built over decades of active deal-making.

Creative Structuring

We approach each deal without a template, finding the right capital solution for the asset, the sponsor, and the moment — not a one-size-fits-all answer.

Speed & Reliability

We are reachable, direct, and focused on getting to the finish line. When a deal needs to move, we move. Our 384+ closed transactions reflect our commitment to execution.

Full Discretion

Every engagement is handled with complete confidentiality and a long-term orientation. We operate as a trusted extension of your team, not a transactional vendor.

Leadership

EW

Emanuel Westfried

CEO & Managing Partner

JB

Jonathan Bodner

Partner

MC

Moshe Cohen

Vice President

Select Transactions

A selection of 384+ closed transactions since 2016

~$1B
Avg. Annual Volume
Note Sale · Miami, FL
Mercedes-Benz Places
Brickell, Miami
$80,400,000
Maxim Credit Group (seller) · Cottonwood Group (buyer) · Mar 2026
Press Coverage →
Construction Loan · Flushing, NY
131-02 40th Road
469-Unit Hotel, Queens
$110,000,000
Maxim Capital Group · Sam Chang / McSam Hotel Group · Mar 2026
Press Coverage →
Recapitalization · Manhattan, NY
Hilson Portfolio
5 W 37th · 185 Madison · 349 Lexington
$83,500,000
Beach Point Capital · Schwalbe Family · Dec 2025
Press Coverage →
Loan · Flushing, NY
41-60 Main Street
100,000 SF Office, Queens
$35,000,000
Knighthead Funding · Madison Realty Capital · Nov 2025
Press Coverage →
Loan · Jamaica, Queens
JFK Marriott & Residence Inn
Hotel Portfolio
$129,000,000
Webster Bank / Met / Preferred · Sam Chang · Jun 2025
Investment Sale · Bayonne, NJ
169 Pulaski Street
Bayonne Distribution Center
$91,500,000
Waitex (seller) · Turnbridge Equities · Apr 2025
Loan · NoMad, Manhattan
250 Fifth Avenue
The Fifth Avenue Hotel
$80,000,000
Columbia Pacific Advisors · Empire Management · Feb 2025
Press Coverage →
Investment Sale · Lower Manhattan
52 William Street
Radisson Hotel NYC Wall Street
$94,500,000
Slate Property Group · McSam / M&R Hotels · Dec 2024
Press Coverage →
Loan · Brooklyn, NY
2286 Cropsey Avenue
Bayview Courtyard
$46,000,000
Goodman Capital Finance · Charlene Wei · Nov 2024
Press Coverage →
Loan · Financial District, NY
80 Pine Street
Lower Manhattan
$134,400,000
99c / Pine Financial · Bushberg Properties · Sep 2024
Supertall Construction · NYC
262 Fifth Avenue
NYC's Skinniest Supertall
$180,000,000
Madison Realty / Cottonwood Group · Five Points Development · Oct 2023
Press Coverage →
Note on Note · Lower East Side, NY
215 Chrystie Street
Public Hotel
$145,000,000
99c · Madison Realty / Newbond Holdings · Oct 2022

Contact Us

Ready to discuss your next transaction?

Location

New York, NY

Business

Real Estate Debt Advisory