Non-bank small-balance commercial real estate lender hires for Dallas region
Irvine, CA – Feb. 25, 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 Loan Officer Jeff Bottoms, covering the Dallas 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.
Jeff joins ReadyCap Commercial with more than 22 years of experience in commercial real estate lending, with expertise in term, CMBS, bridge, construction and mezzanine loans. His proficiency in deal structuring and commitment to developing customer relationships are beneficial to ReadyCap’s clients, which include commercial brokers, bankers, referral partners and business owners.
Throughout his loan origination career, Jeff has been a consistent top producer. Jeff spent 18 years at Principal Financial Group, most recently as an Investment Director, responsible for underwriting and structuring commercial real estate loans that met the risk/return parameters for various clients. He also provided market expertise including macro- and micro-market demand and supply analysis for the viability of investments within assigned markets. Jeff was a Founding Partner at Timarron Capital/NRF Capital, where he designed the commercial real estate lending platform and operational procedures from loan sourcing to closing and servicing. Most recently, he served at Beal Bank, where he acquired and managed portfolios of commercial real estate and SBA loans. Jeff can be reached at (469) 644-2777, or [email protected]
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.