Our Story
Jon, our founder and principal, started Private Lending in 2010, following a unique business opportunity presented by a close friend. At the time, traditional bank financing was unavailable for his friends’ deal, but Jon recognized the potential of the project and provided the necessary funding. This initial deal turned out to be a huge success, and the two partners went on to collaborate on numerous other transactions. As word spread about Jon’s expertise in private lending, others began reaching out for financial support to fund their real estate projects.
What began as a side interest for Jon—driven by a passion for helping others achieve their real estate goals—soon evolved into something much more. In 2017, Jon made the decision to transition to private lending full-time, and thus, Spindrift Investments, LLC was born.
Having personally experienced the painstaking and time-consuming process of applying for loans with traditional banks, Jon was determined to create a simpler experience for his investors. He envisioned a streamlined process that focused on the asset being financing, rather than on the borrower or borrowing entity.
At Spindrift, we operate with a core philosophy: “To make tomorrow a better day for you.” This guiding principle reflects our commitment to help our clients succeed in their real estate endeavors.
At Spindrift, we operate with a core philosophy: “To make tomorrow a better day for you.” This guiding principle reflects our commitment to help our clients succeed in their real estate endeavors. We pride ourselves on being “The Friendly Private Lender” and are dedicated to helping our clients turn their real estate dreams into reality. Whether you’re looking to rehab a property, expand your portfolio, or explore new opportunities, Spindrift is here to support you every step of the way.
Meet The Team
Andrew Simonson
VP of Lending
Before joining Spindrift Investments, Andrew gained extensive experience in the commercial real estate industry in New York, where he held various roles, including Financial Planning & Analysis and Valuations. This background has equipped him with a strong understanding of the cash flow potential of prospective investments, allowing him to approach opportunities with a detailed and analytical perspective.
At Spindrift, Andrew’s primary focus is on Business Development and Relationship Management. He works closely with clients to foster lasting partnerships and support their real estate ventures.
Jon Janikies
Founder & President
Before founding Spindrift Investments, LLC, Jon served as the Vice President of Operations for The Jan Companies, which specializes in hospitality and real estate. During his tenure, he gained extensive experience managing complex operations and overseeing property acquisitions. His hands-on involvement in strategic decision-making, project management, and financial oversight has equipped him with the knowledge and expertise to build Spindrift into the successful private lending firm it is today.
Jon’s commitment to supporting clients and helping them achieve their real estate goals is at the heart of Spindrift’s mission. His dedication to providing tailored lending solutions is driven by his belief in empowering others to succeed in their real estate ventures, whether they are rehabilitating properties, expanding their portfolios, or pursuing new opportunities. This focus on client success, combined with his strong background in operations, continues to shape Spindrift’s reputation as a trusted and approachable private lender.
Julia Janikies
VP of Lending
Before joining Spindrift Investments, Julia worked in mortgage banking in Boston, where she gained significant experience in Commercial Loan Operations, Compliance, and Risk Management. Her strong background in these areas has provided her with the skills to optimize operational functions and ensure adherence to regulatory standards.
At Spindrift, Julia is responsible for overseeing and enhancing the company’s operational processes, focusing on increasing efficiency and supporting the business’s growth. Her dedication to streamlining workflows plays a crucial role in the company’s continued success.
Meet The Team
Our friendly and experienced team is here to help you be successful.
Jon Janikies
Julia Janikies
Andrew Simonson
Frequently Asked Questions
What types of properties do you lend on?
We provide business purpose loans for a wide range of property types, including single-family homes, duplexes, triplexes, multifamily properties, commercial properties, new developments and new constructions. Whether you are purchasing, refinancing, or rehabilitating a property, we can offer tailored loan solutions to meet your needs.
What is a hard money loan and how does it work?
A hard money loan is a short-term, asset-based loan that is primarily secured by real estate collateral. Unlike traditional bank loans, hard money loans focus more on the value of the property rather than the borrower’s credit score, making them an ideal solution for real estate investors in need of quick financing.
What is an asset-based loan?
An asset-based loan is secured by real estate or other tangible assets, providing lenders with collateral in case of default. This type of loan is ideal for real estate investors who may not have perfect credit but own valuable properties to secure the loan.
Do I need to provide collateral for my loan?
Yes, all of our loans are secured by collateral, typically the property you intend to purchase, refinance, or renovate. This ensures both parties are protected and allows us to offer flexible terms with a fast turnaround.
Where do you lend?
Spindrift Investments currently lends in Rhode Island, Massachusetts, Connecticut and Florida.
How quickly can my loan get funded?
Since we specialize in hard money loans without external capital, we can approve and fund loans much faster than traditional lenders. In many cases, borrowers can receive funding within days, not weeks, allowing for quick property acquisitions and project commencements.
How does a bridge loan work?
A bridge loan is a short-term loan that helps real estate investors “bridge” the gap between purchasing a new property and selling an existing one. Bridge loans are secured by real estate and offer quick access to capital, which is essential for investors needing to act quickly in a competitive market.
What types of real estate investors do you work with?
We work with a variety of real estate investors, from those first-time flippers purchasing single-family homes or multifamily properties to experienced developers working on large-scale projects. Whether you’re interested in fix-and-flip opportunities or long-term rental investments, we are here to help.
What is the loan process like for multifamily or duplex properties?
The process for obtaining a loan for multifamily properties or duplexes is similar to that for single-family homes. We assess the value of the property, ensure there is sufficient collateral, and work with you to structure a loan that aligns with your goals. Our team will guide you through each step for a smooth transaction.
What makes Spindrift Investments a trusted private lender?
At Spindrift, we combine years of experience with a deep understanding of real estate markets. Our expertise in hard money loans and asset-based lending allows us to offer fast, flexible financing solutions to real estate investors. We are proud to be a trusted, professional, and expert private lender across the country.