Empirical Capital Corp. (“Empirical”) is a boutique commercial real estate lender that was founded in May 2017 by Mickey Baratz and Abby Strahl.
Empirical specializes in providing land financing that allows borrowers to acquire land for residential/commercial development, perform pre-development site servicing, and refinance while awaiting development approval.
Empirical’s objective is to build a reputation as the lender of choice for small- to medium-sized developers by applying the appropriate combination of borrower support with lending practices shaped by experience and insight into real estate values and structuring alternatives in workout situations, while generating strong yields to investors.
Mickey Baratz has over 20 years of experience managing and developing various real estate projects in Ontario as well as originating and coordinating commercial financing. Abby Strahl has 20 years of experience as the executive Vice President of a prominent single family office where he managed the investment portfolio with an allocation to commercial/residential mortgages.