New Gables Capital

Founded in 2014, New Gables Capital (“NGC”) is a private commercial real estate lender that provides mortgage, mezzanine, and preferred equity investments in the US.

Having deployed more than $500 million, we understand that no two borrowers are alike; and in an evolving market, it is important not to be bound by the limits of a specific real estate class or capital structure.

We focus on adaptive, innovative strategies beyond the status quo of traditional real estate to lend on a wide variety of asset types, locations and structures, and commence each transaction with an open-minded, hands-on approach.

At NGC, we believe in an entrepreneurial culture that strives for execution and emphasizes a personalized partnership with our borrowers. It’s our creative thinking and relationships with conventional lenders that allows our team to find success for the firm and our clients.


Eyal Alfi – Founder and Managing Partner

Eyal Alfi is the Founder and Managing Partner of NGC. Since NGC’s inception, Mr. Alfi and his family have invested in every loan originated by the firm and have always maintained a substantial risk alignment with NGC’s investors.

Mr. Alfi began his two-decade career as a banking executive and commercial real estate lender with the Dime Savings Bank of New York’s Treasury and Commercial Real Estate groups. After six years, he was named Vice President and Senior Loan Officer with Washington Mutual’s Commercial Real Estate Lending Group. While with WaMu, Mr. Alfi was consistently a top performer, personally originating over 700 commercial real estate loans aggregating over $1.4 billion.

In 2007, Mr. Alfi left commercial banking to become President of Investment Sales and Finance at GFI Realty Inc. Over the next year, he managed 40 sales and finance commercial real estate brokers serving primarily the New York metro area.

His two decades of experience have shaped his expertise in commercial real estate investments, loan underwriting, origination, syndication and balance sheet held assets and liabilities risk management. He holds deep relationships with commercial real estate brokers, owners, operators, bankers and investors.

A veteran of the Israeli Air Force, Mr. Alfi holds a BSC in Mechanical Engineering from Coventry University, England, and an MBA from Bradford University, England.

Colin Lee – Managing Director

Colin Lee is the Managing Director of NGC and has been with the firm since 2021. In his current role, Mr. Lee oversees originations, underwriting, asset management and servicing of all NGC loans.

Mr. Lee began his career at Rialto Capital in their conduit lending and private equity businesses before joining Starwood Property Trust (NYSE: STWD) in 2015. There, he served in various lending roles and completed financings on more than $4.0 billion of assets.

Mr. Lee was born in Raleigh, NC, and earned his bachelor’s degree from North Carolina State University.