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California  + Orange County  + Retail  | 

Money360 Closes Quarter Billion in CRE Loans

Ladera Ranch, CA-based Money360 surpassed another quarter billion dollars in loan closings. That pushes the technology-enabled direct lender closer to its target of $2 billion in transactions originated and closed since inception by year-end.

Over the past six months, Money360 experienced a surge in demand for financing of multifamily, properties, primarily in growing tier-two cities throughout the U.S., such as Memphis, Detroit and Sacramento.

Money360’s Evan Gentry says, “Bridge financing is critical — particularly for borrowers transitioning from construction financing to a bridge loan while the property is leasing up, prior to permanent bank financing.”

Recent notable loans include:
– a $28 million bridge loan for a high-rise multifamily apartment building in Hattiesburg, MS, brought to Money360 by Black Diamond Capital’s Scott Jansen.
– a $25.8 million bridge loan for a university housing multifamily building in Philadelphia, brought to Money360 by Allied Commercial Capital’s Steve Stadlin.
– a $23.1 million bridge loan for a community retail center in Christiansburg, VA., brought to Money360 by NorthMarq Capital, Inc.’s Andrew Pennington.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
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