Real Estate Financing Paradigm Shift: Realty Funding Partners Opens 25 Commercial Lending Branch Offices to Meet Growing Demand
Realty Funding Partners, specializing in commercial funding by private lenders, announced today that it has opened more than 25 branch offices throughout the U.S. to respond to the paradigm shift taking place in the real estate financing industry.
Dallas, TX, February 06, 2011 --(PR.com)-- Responding to the overwhelming demand by customers and private lenders as a paradigm shift takes place in the real estate financing sector, Realty Funding Partners (RFP), which specializes in commercial funding by private lenders, announced today that it has opened more than 25 branch offices throughout the U.S. over the past two months.
Explaining the paradigm shift, Dr. Hunter Elam, RFP president and CEO, stated that "Traditional lending sources have left the market and the residential real estate market has become very toxic and more and more difficult one in which to succeed."
Private lenders such as private equity firms and wealthy individuals, with billions of dollars to invest, are moving aggressively to fill the vacuum left by conventional lenders in funding projects in these untapped markets said Dr. Elam.
He pointed out that RFP has done a lot of research to identify where the greatest transfer of wealth in real estate will take place and has identified several best bets and property sectors that will be hot in 2011 and beyond. He cited a recent Price Waterhouse Coopers (PWC) report that indicated commercial refinancing will be the top real estate and development trend for 2011. Both the PWC report and the National Association of Realtors expect that multi-family rental apartments will easily outperform all other sectors this year. There will be other well performing sectors as well.
“Our goal is to become the largest net branch company in the industry.” said Dr. Elam. “We are on track open up another 25 branches in the next 30-60 days. "
RFP is actively seeking clients who need commercial business and real estate funding as well as seasoned executives and experienced professionals who are interested in opening and developing new markets as well as servicing a rapidly growing customer base on a local, regional and national scale.
About http://www.realtyfundingpartners: Realty Funding Partners focuses on bringing innovative private lending solutions to meet all types of commercial real estate and business financing needs. RFP has the largest portfolio of private lending institutions and investor backed funding sources available. The company also offers a wide range of ancillary services ranging from principal reduction and credit repair for home owners to developing business plans for commercial loans RFP President & CEO Dr. Hunter Elam has successfully developed, owned and sold several multi-million high tech companies.
###
Explaining the paradigm shift, Dr. Hunter Elam, RFP president and CEO, stated that "Traditional lending sources have left the market and the residential real estate market has become very toxic and more and more difficult one in which to succeed."
Private lenders such as private equity firms and wealthy individuals, with billions of dollars to invest, are moving aggressively to fill the vacuum left by conventional lenders in funding projects in these untapped markets said Dr. Elam.
He pointed out that RFP has done a lot of research to identify where the greatest transfer of wealth in real estate will take place and has identified several best bets and property sectors that will be hot in 2011 and beyond. He cited a recent Price Waterhouse Coopers (PWC) report that indicated commercial refinancing will be the top real estate and development trend for 2011. Both the PWC report and the National Association of Realtors expect that multi-family rental apartments will easily outperform all other sectors this year. There will be other well performing sectors as well.
“Our goal is to become the largest net branch company in the industry.” said Dr. Elam. “We are on track open up another 25 branches in the next 30-60 days. "
RFP is actively seeking clients who need commercial business and real estate funding as well as seasoned executives and experienced professionals who are interested in opening and developing new markets as well as servicing a rapidly growing customer base on a local, regional and national scale.
About http://www.realtyfundingpartners: Realty Funding Partners focuses on bringing innovative private lending solutions to meet all types of commercial real estate and business financing needs. RFP has the largest portfolio of private lending institutions and investor backed funding sources available. The company also offers a wide range of ancillary services ranging from principal reduction and credit repair for home owners to developing business plans for commercial loans RFP President & CEO Dr. Hunter Elam has successfully developed, owned and sold several multi-million high tech companies.
###
Contact
Realty Funding Partners
Neil Thompson
866-427-6759
www.realtyfundingpartners.com
Neil Thompson
866-427-6759
www.realtyfundingpartners.com
Contact
Categories