Sentences with phrase «loans on behalf of these investors»
This is the full statement sent by Selene Finance «As a special servicer, Selene services loans on behalf of investors and follows their guidelines to ensure a property is repaired.
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Lenders (like the bank where you applied for your mortgage) service loans on behalf of these investors as their representatives.
Not exact matches
CASPERSEN and Park Hill Group were working on behalf of Firm - 1 to solicit investors for the loan, but, at some point after Firm - 1 agreed to take the loan, it transpired that Firm - 1 did not need the loan in order to purchase the secondary private equity interests.
Servicers work as intermediaries, handling homeowners» mortgage payments on behalf of investors who own the loans.
Conventionally, on behalf of the investor, the mortgage banker will service the loan for the life of the mortgage.
Lending Club handles the servicing of the loan on behalf of the matched borrowers and investors, so you don't have to borrow a personal from a bank.
The credit provider for your loan will be either the platform operator or a custodian company that enters all loans on behalf of the platform and the investors.
If loans are at risk of default, PeerStreet's experienced team of real estate professions is equipped to acquire the property and maximize the proceeds on behalf of investors.
When the loan is fully funded, the marketplace will distribute the loan to the borrower, and then process the payments each month on behalf of the investors.
Aside from construction, Josh has extensive experience handling matters involving distressed commercial and residential assets on behalf of mortgage loan originators, servicers, investors and court - appointed receivers.
Servicing agent: A lender or other entity that services a loan or asset on behalf of the investor that owns the loan.
For example, when investors buy rentals using Brandon Turner's now - famous BRRRR (buy - rehab - rent - refinance - repeat) technique, the upfront money often comes from a private money lender (or a hard money lender, which is a business that loans out money on behalf of private money lenders).
HFF arranged a $ 12 million loan on behalf of HP Investors to refinance College Plaza, a 92,538 - sq.
HFF worked exclusively on behalf of Ocean Properties, Ltd. to secure the seven - year, fixed - rate loan with Cornerstone Real Estate Advisers acting on behalf of an institutional investor.
HFF worked to secure a fixed - rate loan through New York Life Insurance Co. and New York State Teachers Retirement System on behalf of institutional investors advised by J.P. Morgan Asset Management and Samuels & Associates.
HFF worked on behalf of a joint venture between a subsidiary of a fund managed by Oaktree Capital Management, L.P. («Oaktree») and ScanlanKemperBard Companies, to arrange an adjustable - rate loan through Latitude Management Real Estate Investors, Inc..
HFF worked on behalf of the borrower, a venture between Boston Global Investors and Morgan Stanley Real Estate Investing, to secure a six - year loan through Starwood Property Trust.
Unlike a mortgage banker, brokers do not fund the loan with their own money, but work on behalf of several investors, such as mortgage bankers, S & L's, banks or investment bankers.
With an annual production volume of $ 13 billion and a loan servicing portfolio of $ 52 billion on behalf of more than 50 institutional investors, we are one of the largest commercial real estate mortgage banking firms.
Costa Mesa, CA — Talonvest Capital, Inc. successfully negotiated and closed a $ 27 million 5 - year, fixed rate, full term interest only loan on behalf of a partnership between Kurt O'Brien and an institutional equity investor.
Cohen Financial secured a $ 3.125 million acquisition loan on behalf of a San Francisco Bay Area real estate investor for The Promenade Shopping Center in Emeryville, Calif..
Working on behalf of a partnership of investors advised by JP Morgan Asset Management and IDI Logistics, Cushman & Wakefield secured the loan for the refinancing of eight properties located in Illinois, Ohio, Texas and California.