Spencer Bakst leads his team through education and care. First and Ten Since childhood, Spencer Bakst had set his sights on making a living in a role that would benefit others the most. The charitable calling became apparent to him in his teenage years, when he attained the highest rank offered by the Boy Scouts [...]
I am incapable of managing people. My focus shifts so quickly that people end up with workflow whiplash. I cannot evaluate anyone’s performance or character because I like everyone. I have the memory of a fruit fly and have not invested the time or energy into creating systems to overcome it. Rules and structure imposed [...]
Thomas Meade, founder and CEO of Touchstone Capital Partners, lives by a powerful motto: "Create more value than you capture," a quote from Tim O'Reilly, media CEO and web visionary. It's a motto he's built his business on, and the idea that doing well by his borrowers and capital partners means they'll do well by [...]
New long-term rental product gives investors the opportunity to diversify their portfolios Redondo Beach, CA, June 25, 2019 – Civic Financial Services (“CIVIC”) announced the release of its new Rental Program, designed for real estate investors who are focused on aggregating rental properties. The program includes 5/1, 7/1, and 10/1 interest-only ARM products for either [...]
It's rare to find someone who's had a career in real estate — and is still actively involved — for more than forty years. You might say that Cort Chalfant, managing member of Nexus Private Capital, fits the bill: he started his career at the ripe old age of six tarring (yes — not a [...]
Each day the New York Stock Exchange opens and closes with a ring of "The Bell."It takes a special someone to wrangle the opportunity regardless, but it's nearly impossible if you're not a company directly listed on the NYSE. On April 28, 2014, Ted Parker, senior vice president at Millennium Trust Company, was that special [...]
Civic Financial Services achieves mortgage milestone in private money space Redondo Beach, CA, May 28, 2019 – Civic Financial Services reached a mortgage milestone in the private lending arena, funding over $108 million in the month of April. “Funding this level of volume in one month is quite an accomplishment, and even mightier when you [...]
AAPL’s Government Relations Committee makes some long-term projections. AAPL announced its inaugural Government Relations Committee (GRC) earlier this year to serve as the implementation arm for the association’s advocacy goals. The GRC monitors state and federal legislative activity for potential impacts to private lenders, creates and implements advocacy objectives and provides expert testimony to legislatures. [...]
ATLANTA (May 13, 2019) – Angel Oak Mortgage Solutions, LLC is enhancing its correspondent lending channel with new technology, infrastructure and high-level talent that reflect the stunning growth in the non-qualified mortgage marketplace. The company has officially branded this channel as Angel Oak Correspondent to solidify its position in the correspondent lending space. The enhanced [...]
Loan Officers, Real Estate Agents, Developers and Investors are invited to the Son Cubano Restaurant in West New York in May to learn more about Stratton Equities April 17, 2019 - Parsippany NJ – New Jersey based Mortgage Lender, Stratton Equities, is making noise with their launch event; The Stratton Equities’ Spring Meet and Greet on Wednesday, May [...]
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