Real Estate Private Bank appoints Michael Mackay as the Mid-West Region Senior Funding Director mm@realestateprivatebank.com
REPBNK.com, LLC" We are pleased to announce Michael Mackay to our firm as our Ohio office, Senior Funding Director". We are expecting rapid growth in the Midwest in the next 3 months, with opportunity for associate growth on a national scale on a virtual level. Contact Michael Mackay at mm@realestateprivatebank.com.
- (1888PressRelease) August 15, 2011 - REPBNK.com, LLC (Real Estate Private Bank) & Affiliates is a real estate investment company based out of Fort Lauderdale, FL.
Real Estate Private Bank is a funding source for asset-backed purchases of residential, commercial and mixed-use properties and other worthwhile collateralized projects. The cash proceeds of these loans will be used to fund private investments by real estate investors and other related business entities on a short-term basis. The type of loans made are primarily asset-backed loan notes and first trust deed notes for small and middle market real estate and other business-use or commercial properties. Many of the clientele of Real Estate Private Bank usually transition to permanent financing or a sales approach to realize the exit of a successful investment.
With the current economic climate, banks have closed the door on customary investment lending parameters. Business owners, and real estate investors have been essentially stopped from securing traditional business and real estate investment loans as banks are even more reluctant to extend credit in a timely fashion as the current market conditions demand. In general, real estate investing is a very time sensitive business and the current marketplace does not allow for a low- to medium-risk borrower to attain real estate financing of investment properties in a timely fashion. Asset-based and private lending is in greater demand now more than ever before in history and the current credit markets cannot keep up with the demand for the loan requests.
Real Estate Private Bank via affiliates is receiving more applications each and every day and the growing need for financing creates a demand that exceeds our current ability to fund all of the qualified requests.
We also purchase all property types and either hold them in our own portfolio or turn around and sell them for a profit within 2 weeks -18 months depending on the particular property.
We take pride in being able to share a wealth of information from some of the industry proven field leaders. Great teams are formed and centered on many years of Lending, Real Estate, Insurance, and Financial Planners from across the country. With a combined 150 years of field experience and expertise, our teams of leaders will strive to assist the client and the associate to be able to succeed and leave a legacy.
REPBNK.com, LLC & Affiliates are different from the typical lending institution involved in the funding of commercial & residential real estate. We are a systematic marketing company, we market the private & commercial real estate market, with our affiliations with private & correspondent real estate investment banking companies we are not limited to any one type of loan product, program or sector.
68 Million+
REPBNK.com, LLC and affiliates is the consultant to a group of direct private investors and correspondents originating commercial & residential real estate loans through a proprietary network of affiliates strategically located throughout the country. We generate real estate investments and loans on a national basis while still offering exceptional solutions and client representation to meet today's changing funding and financial needs.
The relationships we form with products providers and private clients who share the same vision, allow us to grow and expand outlets, while adjusting to today's marketplace on a daily basis. The world economy is changing, the way we all do business is changing, products and guidelines are changing, the great WEALTH WAVE is here, catch the wave with us and lets REVOLUTIONIZE the way the future of the Financial Marketplace does business and the outcome of your client, your family, and YOUR LEGACY in this lifetime.
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