Member Spotlight | Nema Daghbandan
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 [...]
American Association of Private Lenders Announces New Ownership
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. Wilson joined the association [...]
6 Exit Strategies for Multifamily Investors
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 [...]
Look Before You Leap Into Faraway Deals
Assessing the risks of low-rent/high-cap rate investments in out-of-state markets. Many investors, primarily those in California, have investigated purchasing rental property in states they would have previously not considered. The reason? The low capitalization rates [...]
4 Ways a Green New Deal Could Present Opportunity for Private Lenders
The GND can create opportunities for private lenders to make money while playing a role in rebuilding and renewing the country’s vital infrastructure. Suspend disbelief for a moment and imagine the Green New Deal (GND) [...]
CIVIC FINANCIAL SERVICES SURPASSES $3 BILLION IN FUNDING
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 [...]
CoreVest American Finance announces acquisition by Redwood Trust
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 [...]
5 Types of Loans a Hard Money Lender Won’t Fund
If borrowers give you grief about turning down their application, it's probably because they have these misperceptions about hard money lending. Hard money lenders tend to see just about every type of loan request on [...]
Making the Right Technology Decisions
Integrating your business with technology is key to avoiding disruption of its future. Today’s Landscape: The Risk of Disruption Unlike other industries turned upside down at the hand of technology, private lenders have yet to [...]
Earning Your Team’s Buy-In
Strategies for breaking down barriers that stifle projects, progress and profits. Whether you’re the Big Kahuna or middle management, you wake up every morning knowing the buck stops with you at the crossroad of Leadership [...]
Opportunity Zones: Are They an Opportunity for You?
Opportunity Zones can be a complicated subject for beginner and expert alike. Opportunity Zones—sometimes referred to as OZs—are a hot topic with real estate and investment professionals. They’re a popular discussion for good reason. If [...]
Lender Limelight with Ray Sturm: Popping the Cork on Startups and Entrepreneurship
Ray Sturm’s life and business lessons “In the early days of a company, nothing happens unless you make it happen.” Ray Sturm learned this pillar of entrepreneurship quickly in his career. It was 2009,—years before [...]
GRC Update: New Jersey Passes Licensing Law for Nonbank Servicers
New Jersey is but one state where challenges to private lending are occurring. AAPL’s Government Relations Committee (GRC) is constantly scanning nationwide legislation to review for current changes to the law that could affect private [...]
Part 5 of a 6-part series: Turning Property into Prosperity
Other Articles in this Series: Part 1 of a 6-part series: The Very Last Nail Part 2 of a 6-part series: Cover Your Asset Part 3 of a 6-part series: The Foreclosure Process Part [...]
LV LENDING ARRANGES FINANCING FOR BEST WESTERN HOTEL IN PENSACOLA
MIAMI (September 20, 2019)–LV Lending, a Miami-based private lender focused on residential and commercial investment properties, today announced the closing of $1.595 million in financing for Park Avenue Hotel Group Florida’s renovation of a 21,758 [...]
PeerStreet Wins CRETech 2019 Real Estate Tech Award
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 [...]
LIQUID LOGICS ANNOUNCES INTEGRATION WITH RCN CAPITAL
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 [...]
Member Spotlight | Chris Fuelling
We don't often get to know the personal side of some of the bigger names in our business. Chris Fuelling, CEO of LendingWise, also has another title: Dad. Chris said he's looking forward to his [...]
Cost-Benefit Analysis of HMDA
A practical look at new HMDA reporting requirements and what they mean for private lenders If you are a lender engaged in consumer mortgages, then you are certainly familiar with the Home Mortgage Disclosure Act, [...]
Private Lending Enemy No. 1: Anonymity
You have a voice, but are you using it? Private lenders are in a tough spot after years of intentionally flying under legislators’ radars. Many private lenders have said they feel their business exists due [...]
