New Silver closes $300M in development loans, launches small‑balance commercial loan program

New Silver closes more than $300 million in development loans and launches small‑balance commercial program

A Connecticut‑based lending platform has reported closing over $300 million in real estate development loans across 40 states and has introduced a new small‑balance commercial real‑estate loan program aimed at experienced investors. The announcement was made from West Hartford, Conn., on Sept. 15, 2025.

What was announced

The company expanded beyond its residential lending focus by rolling out a short‑term commercial loan program for smaller commercial properties. The new product covers multifamily, mixed‑use, retail and industrial assets and is designed for speed, flexibility and competitive terms. The program is intended to give seasoned investors faster access to capital for projects that traditional lenders may not serve well.

Size and scale

The lender reported more than $300M in development loans nationwide and claims a presence across 40 states. Company workforce size is described at roughly 30 employees and headquarters is listed at 28 North Main St., West Hartford, Connecticut. The business also noted recent revenue growth of about 335%, a figure tied to recognition on a fast‑growth list.

Program features and purpose

The small‑balance commercial program focuses on short‑term financing with an emphasis on quick approvals and execution. It aims to fill a financing gap in smaller commercial deals by offering capital that is intended to be fast and flexible, while maintaining active customer support throughout the lending process.

Target borrowers and assets

The program is positioned for experienced or seasoned investors rather than first‑time or novice borrowers. Eligible asset classes include multifamily, mixed‑use, retail and industrial properties. The product is intended to complement the company’s existing residential lending products and broaden access to financing for smaller commercial projects across the country.

How the firm positions itself

The firm says it relies on data and technology to speed approvals and provide predictable execution while keeping a high level of customer contact. It describes an operational focus on moving quickly but cautiously, with an emphasis on flexible, innovative financing approaches.

Related industry notes

Other regional mortgage and lending firms have been adapting internal processes and product mixes in recent years. One example in the same regional market shifted to fully paperless operations at the end of 2019, which later enabled uninterrupted remote work during the early stages of the pandemic. That firm has also been recognized for workplace culture in the small employer division of a workplace survey and reports steady loan volumes and multiple local offices.

Residential market technology and touring tools

Separately, a national property marketplace has been rolling out tools that integrate financing resources and real‑time touring features in selected markets. Real‑time touring technology that simplifies booking and touring already operates in many metro areas and is scheduled for further expansion, with a plan to add dozens more markets to the experience.

Why this matters for builders and investors

Smaller commercial projects often face fewer dedicated lenders and tighter timelines. Expanding short‑term, small‑balance commercial options can make it easier for investors and developers to access bridge capital and project funding quickly. This can help move renovation, small development and neighborhood‑scale projects forward without the delays that come with more traditional channels.

Where to find more information

The lender’s public site lists additional program details and application options. The company also provided a content and media contact point in its announcement for further outreach.