Redondo Beach, CA, February 25, 2020 – Civic Financial Services is committed to supporting our nation’s injured veterans through Wounded Warrior Project® (WWP) and the nonprofit’s free programs and services. Additionally, the private money lender has launched its own Military Discount Program in support of active duty, veteran and retired military personnel. President of CIVIC, [...]
Private Lender Network to provide platform for private lending offices nationwide to scale AUSTIN, Texas, Feb. 12, 2020 – Noble Capital Group, an alternative investment financial firm focused on private lending and private equity, announced today the rollout of its nationwide lending initiative, the Private Lender Network (PLN), to finance real estate investment projects and [...]
After stints as a firefighter, cook, waiter, housekeeper and construction laborer, a fateful broken wrist helped steer Thomas Standen IV into working at his grandparents’ business, Note Servicing Center. In 2003, Standen found himself at a family party hosted by his grandparents, Tom and Roberta Standen. Unexpectedly, Tom announced that he wanted someone in the [...]
Previously EVP of Finance, Coleman brings extensive mortgage finance experience to the company’s C-suite LOS ANGELES, Calif.--January 22, 2019 — PeerStreet, a platform for investing in real estate backed loans, has promoted Ellen Coleman to Chief Financial Officer. Coleman joined the company a year ago as EVP of Finance. As CFO, she’ll oversee a variety [...]
Vincent Balagia has kicked Stallion Funding into full gear to provide hard money loans to real estate investors in Austin, Dallas, Houston and San Antonio. Vincent Balagia was 26 years old when he founded Stallion Funding in Austin. It was 2007, on the cusp of the Great Recession. Balagia didn’t have much entrepreneurial experience, but [...]
LONG BEACH, Calif., December 12, 2019 - Applied Business Software, (ABS), the leader in loan origination and loan servicing software, announced today the appointment of AJ Poulin to Chief Sales Officer, (CSO). Poulin began his career at ABS 19 years ago as a Sales Representative and was later promoted to Vice President of Sales. In [...]
In March 2008, our firm closed on a multifamily development site in Uptown Dallas—one of the hottest submarkets for development in the city. The hallmark of our firm’s investment strategy was to acquire value-add real estate investments with existing cashflow to support the carrying costs associated with developing real estate. This would be our saving [...]
Go on, we dare you to ask this self-proclaimed "car nut" what his all-time favorite automobile is. You'll enter a world of detail, and if you have a serious interest, can embark on an hours'-long conversation that will vary from rant (what the heck is a four door grand coupe?!), to fanboy (did you know [...]
Kansas City, Missouri – November 8, 2019 - As of November 5, 2019 ownership of the American Association of Private Lenders (AAPL) was transferred to a new majority owner, Eddie Wilson. Anthony Geraci of Geraci LLP retains a minority ownership stake. Wilson joined the association as chairman and CEO in 2015 and will continue to [...]
Your borrowers should have an exit strategy from the beginning to prevent problems later. An exit strategy is a plan that an investor uses to liquidate their position in a financial asset. Real estate investors should plan their exits from the onset of any deal. Here are six exit strategies that you, as a private [...]
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