Every HUD Firm Commitment issued on Bravo Capital’s 2025 transactions reached the closing table, according to an independent analysis of HUD’s loan-level records.
NEW YORK, Sept. 29, 2026 (PRNewswire): Bravo Capital, a leading privately held commercial real estate lender and approved HUD/FHA Multifamily Accelerated Processing (MAP) and LEAN lender, today announced that it closed 100% of the firm commitments it received from the U.S. Department of Housing and Urban Development (HUD) in calendar year 2025.
The figures are drawn from HUD’s own database of FHA multifamily and healthcare firm commitments and initial endorsements, as analyzed by Janover in its August 2026 review of the top HUD lenders. In that review, Bravo Capital was one of three lenders, among the ten active in both HUD multifamily and healthcare, that closed every 2025 firm commitment (9 of 9, $201 million). By comparison, the three largest HUD lenders by volume each left roughly one committed deal in ten unclosed, with conversion rates ranging from 89% to 92%.
“Volume rankings tell you who writes the most paper. Closing rate tells you who actually delivers,” said Aaron Krawitz, CEO and Founder of Bravo Capital. “A HUD firm commitment is only valuable to a borrower if it closes. We screen every deal rigorously before it goes to HUD, and we stay on it through endorsement. A perfect closing record is the direct result of that discipline, and it is why sponsors and their advisors trust Bravo with their most important executions.”
Bravo Capital’s 2025 HUD production was split between multifamily (five firm commitments, $110.3 million) and healthcare (four firm commitments, $90.7 million), with an average commitment of $22.3 million. The firm’s certainty of execution is reinforced by its Bridge-to-HUD platform, which allows Bravo to fund a transaction on its own balance sheet today and take it into a permanent HUD loan on a defined timeline, and by tools such as the HUD Express Lane Qualifier, launched in August 2026, which gives healthcare owners an immediate read on eligibility for HUD’s expedited Section 232/223(f) processing.
Update, November 4, 2026: All 26 HUD firm commitments Bravo Capital has received since April 2022 have closed ($526.0 million).
About Bravo Capital
Bravo Capital is a leading privately held commercial real estate lender headquartered at 780 Third Avenue, New York, NY. An approved HUD/FHA MAP and LEAN lender, Bravo offers a full set of HUD loan products for multifamily and healthcare properties, together with Bridge-to-HUD, preferred equity and mezzanine capital through its affiliated companies, including Bravo Property Trust. Since 2021, Bravo Capital and its affiliates have closed more than $2.5 billion in financing nationwide. For more information, visit bravocapital.com.
Media Contact
Jill Oestreicher
Bravo Capital
[email protected]
Source: HUD Office of Multifamily Housing and Office of Residential Care Facilities, databases of FHA firm commitments and initial endorsements, calendar year 2025, as compiled by Janover (multifamily.loans and hud.loans, published August 7, 2026). Closing conversion measured as firm commitments closed divided by firm commitments issued among lenders with at least eight commitments, $150 million committed, and activity on both the multifamily and healthcare platforms.
Originally distributed by PR Newswire on September 29, 2026. View the original release.
