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Follow today’s top stories and exclusive headlines for U.S. private real estate lending and members of the American Association of Private Lenders.

American Association of Private Lenders Announces New Ownership

By |2019-11-11T15:26:39+00:00November 11th, 2019|News Story|0 Comments

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 [...]

By |2019-11-11T15:26:39+00:00November 11th, 2019|News Story|0 Comments

CIVIC FINANCIAL SERVICES SURPASSES $3 BILLION IN FUNDING

By |2019-10-17T16:47:54+00:00October 17th, 2019|News Story|0 Comments

Institutional private money lender announces funding milestone Redondo Beach, CA,       – Civic Financial Services proudly announced today it has surpassed $3 billion in historical loan funding volume to date. The institutional private money lender has reached this achievement on the heels of celebrating its fifth anniversary. Founded in 2014, the company has grown exponentially during [...]

By |2019-10-17T16:47:54+00:00October 17th, 2019|News Story|0 Comments

CoreVest American Finance announces acquisition by Redwood Trust

By |2019-10-16T13:59:49+00:00October 16th, 2019|News Story|0 Comments

NEW YORK, NY and Irvine, Ca.—October 16, 2019— CoreVest American Finance, LLC (“CoreVest”) has announced that Redwood Trust, Inc. (NYSE: RWT) has purchased CoreVest American Finance Lender LLC, a leading nationwide originator and portfolio manager of business-purpose residential loans (BPLs), and several of its affiliates (“CoreVest”), from certain affiliates of Fortress Investment Group’s credit funds [...]

By |2019-10-16T13:59:49+00:00October 16th, 2019|News Story|0 Comments

PeerStreet Wins CRETech 2019 Real Estate Tech Award

By |2019-09-10T14:46:39+00:00September 10th, 2019|News Story|0 Comments

PeerStreet celebrates first place win for Information & Intelligence among crowdfunding platforms LOS ANGELES, Calif.--September 10, 2019 — PeerStreet, a marketplace for investing in real estate backed loans, is pleased to announce that it won first place in CRETech’s 2019 Real Estate Tech Awards (RETAs) for the Information & Intelligence – Crowdfunding category. PeerStreet was [...]

By |2019-09-10T14:46:39+00:00September 10th, 2019|News Story|0 Comments

LIQUID LOGICS ANNOUNCES INTEGRATION WITH RCN CAPITAL

By |2019-09-12T13:56:27+00:00September 10th, 2019|News Story|0 Comments

KANSAS CITY, Missouri – September, 2019 – Liquid Logics announced that their best-in-class loan origination software will now integrate with leading nationwide private lender, RCN Capital starting in September 2019. The announcement follows news earlier this year of Liquid Logics’ partnership with PeerStreet’s investor marketplace to integrate their LOS software with PeerStreet’s investor database. The [...]

By |2019-09-12T13:56:27+00:00September 10th, 2019|News Story|0 Comments

Why Barney Frank for AAPL’s 10th Annual Conference?

By |2019-08-15T17:46:37+00:00August 15th, 2019|News Story|0 Comments

Many people question why I would ask someone like Barney Frank to speak at American Association of Private Lenders' (AAPL) 10th anniversary conference this year in Las Vegas. Last year, AAPL’s Managing Director, Linda Hyde, and I discussed many speakers worthy of headlining this milestone event. We talked about television celebrities, economists, investors, and others, [...]

By |2019-08-15T17:46:37+00:00August 15th, 2019|News Story|0 Comments

CIVIC LAUNCHES RENTAL PROGRAM

By |2019-06-25T22:11:45+00:00June 25th, 2019|News Story|0 Comments

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 [...]

By |2019-06-25T22:11:45+00:00June 25th, 2019|News Story|0 Comments

RCN Capital Announces CEO Transition Plan

By |2019-06-26T18:29:42+00:00June 24th, 2019|News Story, Sponsored Post|0 Comments

After nearly a decade of filling the role of Managing Director at RCN Capital, Jeffrey Tesch will be stepping forward as the company’s new Chief Executive Officer, effective July 1st, 2019. Mr. Tesch, who has been with RCN Capital since its founding, has led efforts to develop the company into a national brand within the [...]

By |2019-06-26T18:29:42+00:00June 24th, 2019|News Story, Sponsored Post|0 Comments

PRIVATE MONEY LENDER ANNOUNCES $108 MILLION SINGLE-MONTH FUNDING

By |2019-05-29T20:40:12+00:00May 29th, 2019|News Story|0 Comments

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 [...]

By |2019-05-29T20:40:12+00:00May 29th, 2019|News Story|0 Comments

Angel Oak Mortgage Solutions Expands Correspondent Lending Unit, Welcomes Four New Executives

By |2019-05-14T14:16:04+00:00May 14th, 2019|Editorial, News Story|0 Comments

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 [...]

By |2019-05-14T14:16:04+00:00May 14th, 2019|Editorial, News Story|0 Comments

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