news release

Toorak Completes First Ever Rated Residential Transition Loan (RTL) Securitization

By |2024-03-01T09:52:12-06:00March 1st, 2024|News|0 Comments

SUMMIT, NJ – Toorak Capital Partners, Inc.(“Toorak”), a leading capital provider to the residential real estate lending industry, today announced the successful closing of the first-ever rated residential transition loan (“RTL”) securitization, Toorak 2024-RRTL1. The $240 million deal was rated by Morningstar DBRS, which in October 2023 was the first Nationally Recognized Statistical Rating Organization [...]

By |2024-03-01T09:52:12-06:00March 1st, 2024|News|0 Comments

Private Lending Industry Veteran Stephan Leccese Joins Lima One Capital’s Senior Management Team

By |2024-02-22T09:25:08-06:00February 22nd, 2024|News|0 Comments

GREENVILLE, S.C. – Lima One Capital, the nation’s premier lender for real estate investors, has added Stephan Leccese as Managing Director of Operations. In this newly created role, Leccese oversees core operational functions including loan production, strategic accounts, lender finance, valuations, and construction management. Leccese brings over two decades of experience in real estate, finance, [...]

By |2024-02-22T09:25:08-06:00February 22nd, 2024|News|0 Comments

Noble Capital Doubles Down on Real Estate with Two New CEOs

By |2023-12-04T16:29:29-06:00December 4th, 2023|News|0 Comments

Austin, TX — In a strategic move set to redefine the landscape of the private lending industry, Noble Capital proudly announces the appointment of two visionary leaders, Dana Georgiou, and Ashley Stephenson, to spearhead its ambitious journey from a regional powerhouse to a national force. The infusion of talent, focused on delivering tailored, exceptional service [...]

By |2023-12-04T16:29:29-06:00December 4th, 2023|News|0 Comments

Real Estate investors move towards rental strategy, differ on future market dynamics in RCN Capital Spring Investor Sentiment survey

By |2023-07-21T10:22:08-05:00July 21st, 2023|News|0 Comments

High cost of financing, limited inventory, and competition from other buyers cited as major challenges SOUTH WINDSOR, CT – JULY 20, 2023 – Real estate investors appear to be focused more on rental properties than on fix-and-flip opportunities according to the Spring 2023 Investor Sentiment Survey from RCN Capital, conducted by market intelligence firm CJ Patrick Company. More than [...]

By |2023-07-21T10:22:08-05:00July 21st, 2023|News|0 Comments

LV Lending closes $8.3 million in financing for Congress Group’s acquisition of Civica Center in Miami Health District

By |2023-07-11T10:36:17-05:00July 11th, 2023|News|0 Comments

LV Lending, a leading private lender focused on bridge loans for commercial and residential investment properties and developments, has closed an $8.3 million loan for Congress Group's acquisition of the Civica Center, a .85-acre multifamily development site located at 1050 NW 14th St. in Miami's Health District. Congress Group, in partnership with Peakhill Equity TS, [...]

By |2023-07-11T10:36:17-05:00July 11th, 2023|News|0 Comments

32% of distressed property buyers expect home prices to decline in 2023 in their local housing markets

By |2023-06-22T12:02:39-05:00June 1st, 2023|News|0 Comments

Nearly double the 17 percent share in 2023, buyers most bearish in the West Buyers still aggressive on acquisitions but shifting toward hold-for-rent strategy 77 percent of buyers are local community developers, owner-occupants doubled Irvine, Calif. — June 1, 2023 — Auction.com, the nation’s leading distressed real estate marketplace, today released its 2023 Buyer Insights [...]

By |2023-06-22T12:02:39-05:00June 1st, 2023|News|0 Comments

10X Capital Announces Launch Of New Real Estate Income Strategy

By |2023-05-30T13:23:16-05:00May 22nd, 2023|News|0 Comments

Seasoned real estate investment executive Ray Sturm has joined the firm and will lead the new platform, which will focus on specialty residential credit and rental properties. NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- 10X Capital, the New York-based alternative asset management firm, today announced that it has launched a Residential Real Estate Income Platform, which will be marketed and managed [...]

By |2023-05-30T13:23:16-05:00May 22nd, 2023|News|0 Comments

Grupo Sion acquires 9-acre Flamingo Waterpark resort in Kissimee for $20.5 million

By |2023-05-02T10:54:24-05:00May 2nd, 2023|News|0 Comments

Private Lender LV Lending Closes $10 Million In Financing for Acquisition MIAMI (May 2, 2023)–LV Lending, a local private lender focused on bridge loans for commercial and residential investment properties and developments, today announced the closing of $10 million in financing for the acquisition of Flamingo Waterpark Resort, a nine-acre, 390,300-square-foot hotel and resort located [...]

By |2023-05-02T10:54:24-05:00May 2nd, 2023|News|0 Comments

RCN Capital Celebrates Grand Opening of Los Angeles Office

By |2023-04-28T10:16:59-05:00April 25th, 2023|News|0 Comments

West Coast Event Signals Company’s Continued Success & Growth in the Private Lending Industry RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, held an official grand opening for a new office in Los Angeles, California to further support the company’s ongoing expansion strategy and increase efforts to gain greater [...]

By |2023-04-28T10:16:59-05:00April 25th, 2023|News|0 Comments

RCN Capital Surpasses 20,000 Loans Funded Since Inception

By |2023-04-28T10:46:06-05:00February 13th, 2023|News|0 Comments

Company Recognizes Noteworthy Origination Milestone Despite Industry Turbulence RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, announced a major origination milestone of over 20,000 loans funded since its inception in 2010. RCN Capital, which offers financing for short-term fix & flip projects, long-term rentals, & ground-up construction, takes pride [...]

By |2023-04-28T10:46:06-05:00February 13th, 2023|News|0 Comments

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