Irvine, CA – Mar. 17, 2014– ReadyCap Commercial, LLC ( www.readycapcommercial.com ), a non-bank direct portfolio lender offering commercial real estate financing up to $10 million in major markets nationwide, has hired Vice President Loan Officer Herb Gonzalez, covering the greater Los Angeles region. Led by a strong management team of experienced professionals, ReadyCap Commercial specializes in financing complex transactions, considering the total picture of the borrower and property. Gonzalez joins ReadyCap Commercial with more than 10 years of experience in commercial real estate financing and management. His ability to manage and evaluate risks as well as successfully oversee all real estate functions are beneficial to ReadyCap’s clients, which include commercial brokers, bankers, referral partners and business owners.
Throughout his loan origination career, Gonzalez has consistently been a top producer, financing over $1 billion in loans. He has been recognized as an influential member of the commercial real estate community as Southern California Real Estate Magazine 40 Under 40 honoree. Most recently, he served as VP Mortgage Banker at Sunrise Mortgage and Investments, where he structured and originated loans and represented life insurance companies throughout the country. Gonzalez previously worked as VP of Commercial Real Estate at California Credit Union where he managed and directed the Commercial Real Estate Department as well as funded over $450 million of loan transactions. Prior to that he was VP of Commercial Real Estate for Business Partners, LLC where he more than doubled his department’s loan volume to over $1 billion. Herb Gonzalez can be reached at (818) 941-7503, or firstname.lastname@example.org
ReadyCap Commercial offers innovative terms, including non-recourse financing, earn-outs, hold-backs, and cash out, as well as providing financing to foreign national borrowers. The small-balance commercial real estate lender is also a strong fit for borrowers seeking both bridge and long-term conventional funding.
About ReadyCap Commercial, LLC
ReadyCap Commercial ( www.readycapcommercial.com ) is a non-bank, direct portfolio lender offering financing for small-balance commercial real estate bridge, investment, and multifamily loan programs in major markets nationwide. Available financing ranges from $500,000 to $10 million. With concierge-like personal attention, ReadyCap is set apart by its credit decisions, processing speeds and common-sense, solution-oriented underwriting. Based in Orange County, California, ReadyCap is supported by Waterfall Asset Management, LLC, an investment manager based in New York City with approximately $3 billion in assets under management. For more information, visit http://www.readycapcommercial.com or call 888-354-0822.