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 [...]
How Inflation Is Impacting Insurance Premiums
Inflation is affecting real estate investor insurance rates—and will hurt returns. Insurance premiums across the board are increasing at a fever pitch due to rising inflation and the increase in catastrophic weather events. Although there [...]
Understanding Your Ethical Responsibilities to Investors and Partners
Transparency is key when an adverse event occurs. The worst has happened. You have had a significant adverse event that may affect your company’s financials and threatens the very existence of your company. If you [...]
Creating Your Private Lender Virtual Dream Team
Private money lending is a team sport. Private lending is not like other real estate investing strategies where a do-it-yourself (DIY) approach can be beneficial and save time and money. Setting up and vetting a [...]
Driven by “Underdog” Motivation
There are two things I have come to believe from all my experiences: Being the underdog makes you work harder. You always end up where you are supposed to be. I have always felt like [...]
How Renovated Foreclosures Stabilize Communities
Sixty-eight percent of renovated foreclosure resales during the pandemic went to owner-occupants. Foreclosure properties renovated and resold by real estate investors supplied an estimated 118,000 affordably priced homes to owner-occupants in the last two years, [...]
Three’s Company for Founding Trio
Mortgage Automator’s partners rely on each other’s strengths to move the company forward. Some say it’s not advisable to go into business with your friends, but the founders of Mortgage Automator wouldn’t have it any [...]
Bet Small, Win Big
The 2022 AAPL conference in Las Vegas has plenty to offer the small private lender. When new or small private lenders attend one of our industry events, we expect the event to check the right [...]
Turbocharge Your Website to the Latest Lender Trends
Upgrading a website may not be top of mind for the owners of most private lending companies, but it’s something you should do at least every three years. Web technology is constantly evolving, and competition [...]
Mediterranean Home Experiences Revival
Borrower rehabs a single-family home in Miami, Florida, in a neighborhood dedicated to maintaining affordable housing. As climate change and rising ocean levels affect the more flood-prone areas of Miami, higher-elevation neighborhoods like Liberty City [...]
An Insider’s Guide to Vegas
As a kid from extremely modest beginnings I never had opportunity to travel. By God’s Grace, and a lot of grit, after almost 15 years in the industry I have now had the opportunity to [...]
