Urban Bay Financial is a national direct private lender founded by real estate veteran Caleb Walsh that specializes in commercial and multifamily bridge and construction loans. The firm underwrites deals based on property value and cash flow, foregoing tax-return-based reviews and loan committees to enable faster closings. Urban Bay has closed loans ranging from $5 million to $100 million, offers loan-to-value ratios up to 70%, and typically issues terms of 12 months to 3 years. It operates across Texas, New York, New Jersey, Florida, and Illinois and participated in pre-construction liquidity financing for a $1 billion Atlantic City redevelopment project in 2026. The company targets seasoned real estate operators with non-standard financial profiles whom traditional banks often decline. With the recent $840,000 raise, Urban Bay plans to scale origination capacity, enhance its underwriting technology, and expand its geographic footprint.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2026