Closing Small-Balance Deals amid CRE Market Uncertainty
Lenders can use this approach to save borrowers money as interest rates rise. The commercial real estate market stumbled in 2022 as the Federal Reserve sought to combat high inflation with a series of jumbo [...]
Sekady Hires Tony Codina as VP of Sales
Sekady Capital, LLC, a provider of secure payment solutions and project management software for the construction industry, has welcomed Tony Codina as VP of Sales. Tony joins the team with extensive experience in enterprise [...]
Beyond Capital: Lenders Can Help Investors By Providing Expertise
Working with your borrowers to help them understand which home improvements are known to pay off can lead to more successful investments and loyal, partner-focused clients. Whether a new-to-the-scene landlord or a seasoned fix-and-flipper, a [...]
What a Market Downturn Means for Real Estate Investing in 2023
As the housing market transitions, here’s what real estate investors can expect—and how they can adjust. Real estate investing can be profitable in any market, but successful investing strategies often vary widely depending on broader [...]
Update on HDMA Rules
AAPL sends letter to Congress urging definition change that exempts business-purpose loans. Effective Jan. 1, 2018, Congress enacted new Home Mortgage Disclosure Act rules requiring most private lenders to furnish a 110-data-point Loan Activity Report [...]
Living the American Dream—and Transforming an Industry
The private money lenders at We Lend are motivated by helping their clients achieve wealth. Summer 1996. Ruben Izgelov has just spent several hours hawking flyers to pedestrians hustling along busy Queens Boulevard in New [...]
New addition to the Spiegel Partnership team
Ensures continued client service of an ever-expanding practice. Pleasant Hill, California, January 4, 2023— Spiegel Accountancy Corp. announced today that the firm promoted Audit Director, Kadidia Traore, to Principal effective January 1, 2023. Traore joined [...]
Member Spotlight | Eli Novey
Our January Member Spotlight shines on Eli Novey, Chief Financial Officer at Toorak Capital Partners. With over 20 years of experience, he is the go-to guy for anything finance, treasury and accounting related for Toorak [...]
Does your Debt Fund Qualify as an “Investment Company”?
Assessing whether your fund is an investment company is just the beginning of the journey to ensure complete and accurate financial reporting for your fund. A key, but often overlooked component of running a [...]
Understanding 4 Big Construction Risks
When it comes to construction lending, nothing is more important than going in with your eyes wide open. Construction lending comes with a lot of risks, so fully understanding those risks is an essential [...]
Foreclosure Case Study: Unprepared Borrower Ill-Equipped to Handle Project
Lender emerges with break-even scenario at best. The information contained in this case study analyzes several aspects of a residential foreclosure. All confidential borrower information has been redacted from the case study to protect the [...]
Hot Tax and Accounting Trends in Debt Fund Structures
Staying on top of REIT and CECL trends is a good “defensive” move. Earlier this year, we said goodbye to Bill Russell, the biggest winner in the history of basketball. Russell was never the flashiest [...]
Member Spotlight | Bryan Joyce
Our December Member Spotlight shines on Bryan Joyce, Vice President of Commercial Lending with EMCAP Lending. When Bryan isn't running the day-to-day operations at EMCAP Lending or overseeing a private real estate loan portfolio, you'll [...]
Understanding Mezzanine Debt and Key Intercreditor Issues
Make sure you are familiar with the operational and structural considerations of mezzanine financing. Mezzanine financing provides lenders an attractive opportunity to achieve higher returns than they would with a standard real estate loan. Before [...]
Are You Prepared for Delinquency and Default?
Many private lenders are tracking rising delinquencies and starting to feel the realities of the current market. A brief synopsis of the default landscape according to ATTOM’s Midyear 2022 U.S. Foreclosure Market Report, published in [...]
A Review of Changes to AAPL’s Code of Ethics
Gender identity discrimination, fee transparency, and prompt communications were topics for recent discussion and change. Private lenders’ unique position within the larger finance industry has allowed for greater nimbleness, flexibility, and a crucial level of [...]
Addressing REO/Lender-Placed Insurance Coverage Issues
Understanding common issues with REO properties is the first step in protecting your investment. In the first six months of 2022, lenders foreclosed on a total of 20,750 U.S. properties. This number is up 30% [...]
Member Spotlight | Ketan Parekh
Our November Member Spotlight shines on Ketan Parekh, managing director with Toorak Capital Partners. With over 25 years in the business, Parekh is not just a successful businessman, he is a family guy. In his [...]
Easy Street Capital Reaches $1 Billion
Easy Street Capital, a hard money lender based out of Austin, TX, has surpassed $1 billion in 2022 year-to-date bridge loan originations. Despite recent market changes, Easy Street has consistently grown at a rapid pace boosted by [...]
Remembering Aaron Norris
The real estate industry lost a visionary, thought leader, and philanthropist this summer. Aaron Norris, vice president of The Norris Group, succumbed to stage 4 intimal sarcoma, a rare cancer, on July 1, 2022. He [...]
