Tagged: evan gentry

Money360 Funds $3.87 Million Loan for Alabama Retail Center Acquisition

evan gentry

Commercial real estate marketplace lending platform, Money360, announced on Monday it provided financing to a commercial property owner to purchase a fully leased retail center in Mobile, Alabama. According to Money360, the $3,865,000 five-year loan is secured by the 1.61-acre, 16,710-square-foot Airport Boulevard Shops shopping center,… Read More

Money360 Announcement: Closes $35.6 Million in Loans During December 2016

evan gentry

Commercial real estate marketplace lending platform, Money360, announced on Monday it closed a record $35.6 million in commercial real estate loans in December 2016. The marketplace lender revealed that December’s transactions reflect short-term bridge loans for a mix of property types, including retail, office and… Read More

Money360 Provides $1.848M in Financing for Hospitality Property’s Bridge Loan

evan gentry

Real estate marketplace lending platform, Money360, announced on Monday it provided  $1.848 million in financing to a commercial property owner for the value-add renovation of a full-service boutique hotel to enable the hotel’s affiliation with the flagged hospitality brand, Ascend Collection Hotels. According to the lender, the $1.848… Read More

Brief: Money360 Provides $2.45 Million Bridge Loan for Kansas City Multifamily Property

evan gentry

Commercial real estate marketplace lending platform Money360 announced on Tuesday it has provided a $2,450,000 bridge for a 120-unit low-rise multifamily property in Kansas City, Missouri. This new loan was provided to a commercial property owner to pay off a maturing first mortgage with detailed… Read More

Money360 Provides $800,000 Bridge Loan For Illinois Retail Property Acquisition

evan gentry

Real estate marketplace lending platform Money360 announced on Monday it has provided an $800,000 bridge for the acquisition of a newly-constructed, single-tenant retail building, located in Raymond, Illinois. According to Money360, the borrower has secured a loan through its platform and was able to close before its 1031-exchange… Read More

Money360 Provides $8.5M Bridge Loan Dedicated to Refinancing South Carolina Property

evan gentry

On Monday, real estate marketplace lending platform Money360 announced it provided a $8.5 million bridge loan for the refinancing of a K-12 charter school located in Spartanburg, South Carolina. According to the platform, the new loan will allow the borrower to pay off a maturing… Read More

Brief: Money360 Hits $100M in Closed Commercial Real Estate Loans

evan gentry

Money360, a commercial real estate online marketplace lending platform, announced on Thursday it has officially surpassed the $100 million in closed commercial real estate loans with the completion of $15.25 million in recently closed loans. According to CEO and founder of Money360, Evan Gentry, much of… Read More

Money360 Expands: Announces New Chief Risk Officer & Midwest Regional Director

evan gentry

Money360, a commercial real estate online marketplace lending platform, announced on Thursday the appointment of Prathit V. Thaker joined as Chief Risk Officer, and Peter J. Margolin as Midwest Regional Director.  Thaker reportedly brings more than 20 years of commercial real estate finance experience, specializing… Read More

Money360 on 2015 Results: Secured $56M in Closed Commercial Real Estate Loans

evan gentry

Commercial real estate online marketplace lending platform, Money360, announced on Thursday the 2015’s results of more than $56 million in closed commercial real estate loans. The firm provided debt-transaction deals across the United States for multifamily, retail, industrial, hospitality and office properties.   Evan Gentry, CEO and founder of… Read More

Money360 Adds John Maute & Jonathan Barlow to Board of Directors

evan gentry

Earlier this week, commercial real estate marketplace lending platform, Money360, Inc., announced the appointment of John Maute, co-founder of Helios AMC, and Jon Barlow, founder and former CEO of Eaglewood Capital Management, to its Board of Directors. Evan Gentry, CEO and founder of Money360, stated: “We… Read More

Money360 Appoints Commercial Real Estate Veteran Gary Bechtel as President

Gary Bechtel

Money360, Inc., a commercial real estate online marketplace lending platform, announced on Monday it has appointed Gary Bechtel as president of the company, and that Dan Vetter, co-founder of the company, has assumed the role of chief operating officer. Bechtel is a seasoned commercial real estate… Read More

Peer-to-Peer Lender Money360 Closes $6.75M Commercial Real Estate Loan

evan gentry

Money360, Inc., an online peer-to-peer (P2P) commercial real estate lending platform, announced on Monday it has closed a $6.75 million commercial real estate loan in Chicago, which was funded by an institutional investor.  The two-year loan was made to an investment firm that focuses on operating… Read More

Peer-to-Peer Platform Money360 Appoints Patrick Brokaw As VP Operations

Patrick Brokaw

Money360, Inc., a peer-to-peer (P2P) commercial real estate (CRE) lending platform that brings together CRE borrowers and accredited investors, today announced the appointment of Patrick G. Brokaw to Vice President, Operations. Brokaw brings more than 25 years of executive and business leadership experience to Money360,… Read More

Peer-to-Peer Lending Platform Money360 Funds $2.9 Million Loan in North Dakota

OLYMPUS DIGITAL CAMERA

Money360, Inc., an online peer-to-peer (P2P) commercial real estate (CRE) lending platform that brings together CRE borrowers and accredited investors, announced that it has funded and closed a $2.9 million commercial real estate loan in Williston, North Dakota. The one-year loan, which was funded by… Read More

Money360 Secures $110M for P2P Commercial Real Estate Loans

Commercial Real Estate Loans

Money360, Inc., an online marketplace and peer-to-peer (P2P) lending platform that directly connects commercial real estate borrowers with accredited investors, today announced that is has secured $110 million to originate/purchase loans to borrowers through its online lending platform. The funds were secured through a $100 million loan purchase agreement and partnership… Read More

Money360’s Marketplace & P2P Lending Platform Closes $1 Million Commercial Real Estate Loan

money360

Money360 Inc. closed a $1,000,000 two-year term loan secured by a 5,000 square foot retail building in Las Vegas, Nevada. Money360 is a marketplace and peer-to-peer lending platform for real estate loans, enabling sponsors to transact directly with lenders via its online platform. The property securing… Read More

Money360 CEO to Lead P2P Lending General Session at Alternative Investing Summit

money360

 Money360, Inc.,  the online P2P / marketplace lending platform, will participate in Opal Financial Group’s Alternative Investing Summit as an Executive Sponsor  in Dana Point, California. The Alternative Investing Summit will feature prominent investment professionals who are gathering to discuss innovative investment and asset management strategies. Evan Gentry,… Read More

Money360 Closes $2 Million Commercial Real Estate Loan on Peer to Peer Lending Platform

money360

Money360, Inc., a peer-to-peer (P2P) real estate lending marketplace, has closed a $2 million commercial real estate loan crowdfunded by accredited investors. This was the third loan closed by Money360 in September. Money360 is on track to fund $25 million in peer-to-peer real estate loans before… Read More

Money360 Closes First US Peer-to-Peer Real Estate Tranche Loan, Claims Industry First

money360

Money360, Inc, the peer-to-peer (P2P) real estate lending platform, announced that the platform has accomplished another “industry first” by closing the first tranche loan to be originated by a U.S. P2P platform. Proplend staked its claim in the UK market in May, reported Crowdfund Insider’s Samantha Hurst.  Money360’s… Read More

Money360 on Track to Fund $25 Million in Peer to Peer Real Estate Loans by End of Year

Money360 Offers

Money360, a peer-to-peer (P2P) real estate lending marketplace, has closed a $2 million commercial real estate loan crowdfunded by accredited investors. This was the third loan closed by Money360 in September. Money360 states their recently relaunched platform is on track to fund $25 million in… Read More