Midwest and Southeast markets capture capital that coastal markets used to command. The 2025 data shows a private lending industry transitioning into a new normal after years of rate-driven disruption. Expanding the map Growth occurred across every major topline metric, but the composition of that growth matters just as much as the aggregate percentages. Origination [...]
The industry’s fastest-growing segment is slowing, rates are becoming more reactive, and competition is shifting from expansion to market share. This year has introduced a more nuanced lending environment than many expected coming out of 2025. After a period of strong, consistent growth, particularly in DSCR lending, the market appears to be finding a new [...]
A new report repositions residential transition lending as a measurable, market-driven force in U.S. housing production. The Urban Institute’s newly released report “The Evolution of Residential Transition Lending: From Hard Money to Housing Supply?” reframes residential transition lending (RTL) from a fringe financing mechanism into a material contributor to U.S. housing production. Supported by the [...]
Three years into a slow-motion correction, local market experts see more softness ahead before conditions improve. Spiking mortgage rates in the second half of 2022 shocked the housing market out of its pandemic-triggered sugar high and initiated a slow-motion correction characterized by sluggish sales and anemic price appreciation over the last three years. Local community [...]
Authors Michael Fogliano and Sean Morgan, Forecasa A long tail of one-time users and a small, high-velocity segment drive nearly half of private lending transactions. We are constantly asked about how the size of the private lending industry and the number of active investors, so we decided to put together an analysis of the private [...]
One year after overtaking bridge, DSCR lending continues to pull ahead. Lightning Docs is a fully automated, cloud-based loan document solution developed by the partners of Fortra Law. In addition to providing automated loan documents for private lenders, the platform serves as a source of aggregated market data. More than 51,000 loans have run through [...]
A modest sentiment lift among distressed buyers at year-end suggests movement in the housing market in early 2026. The sentiment and bidding behavior of local community developers buying distressed properties at auction increased slightly in late 2025 as available inventory picked up and pricing drifted lower, indicating a possible rebound in the retail housing market in [...]
Authors Michael Fogliano and Sean Morgan Unrecorded loans, rapid flips, and inflated appraisals left clues to one of the largest incidents to hit our industry to date. In July 2025, Fannie Mae issued an alert about a growing pattern of fraudulent activity involving two-to four-unit investment properties concentrated in New Jersey and surrounding mid-Atlantic and [...]
Lightning Docs is a fully automated, cloud-based loan document solution developed by Fortra Law. In addition to providing automated loan documents for private lenders, Lightning Docs serves as a source of aggregated data to add clarity to the private lending industry. So far this year, more than 34,000 loans have run through the platform, including [...]
Irvine, Calif. — Jan. 29, 2026 — Auction.com, the nation’s leading distressed real estate marketplace, today released its Q4 2025 Auction Market Dispatch, which shows that foreclosure auction volume in the fourth quarter of 2025 increased 48 percent from a year ago to the highest level since Q2 2020 — although still 39 percent below [...]
Nominations are open until August 30, 2026, with voting from September 7-30, 2026. We’ll announce recipients at our Annual Conference.
Member of the Year (MOTY): This award goes to a member based on their deep expertise, unique value, and strong commitment to clients and the industry.
Rising Star: Rising Stars are members who have accomplished outstanding growth in their company or industry sector over the past year.
Community Impact: Recipients improve their local communities or our industry through volunteering, development programs, or civic efforts.
See past award winners, award rules, and participate in the 2026 nomination and voting process here.
VIP RECEPTION // Enjoy cocktails and hors d’oeuvres while catching up with VIPs from across the country, all overlooking the gorgeous Las Vegas Strip. AAPL Members may RSVP during conference registration at no additional cost; for non-members it is $199/ticket.
NETWORKING BREAKFASTS & SESSION BREAKS // Early-risers will appreciate plentiful coffee and a selection of pastries, protein, and more – along with the opportunity to talk shop in a quieter atmosphere. Session breaks feature an energetic environment with a variety of snacking options.
AFTER-HOURS RECEPTION // Continue conversations with fellow attendees, sponsors, and speakers in the Exhibit Hall while enjoying complimentary hors d’oeuvres and two drink tokens.
OFFICIAL AFTER-PARTY // For those who hate to say goodnight, each year a few sponsors plan a little something extra to wrap up your day … or help segue from all-business to all-fun. We’ll mark the party as official and provide information about how to attend.
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Grand Prize – Custom Championship Belt & VIP Admission to Power Room event in St. Augustine, FL (February 27th – March 1st, 2023)
2nd Place – 2023 AAPL Annual Conference Bundle to include Individual Membership, 1 Conference Ticket and 1 VIP Reception pass.
3rd Place – 1 year AAPL Individual Membership