Tagged: money360

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

Money360 Provides $1.9M Permanent Loan for Ohio Property

Gary Bechtel

On Monday, commercial real estate marketplace lending platform Money360 announced it has provided financing of $1.9 million for a single-tenant retail building in Dayton, Ohio. The building, which is currently 100 percent leased to Panera Bread, is reportedly located next to the Dayton Mall. Money360 reported… 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

Brief: Money360 Provides $6M Permanent Loan to Texan Property

Gary Bechtel

Real estate marketplace lending platform Money360 announced earlier this week it has provided a $6 million permanent loan for the refinancing of a single-tenant industrial building that is located in Bryan, Texas. According to the lending portal, the new permanent loan will allow the borrower to… 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 Continues Corporate Growth: Announces Additions of General Counsel and Loan Development Team

evan gentry

Money360, a commercial real estate online marketplace lending platform, announced this week that it has appointed Alexander Vellandi as its general counsel, John Gaz as director of asset management, David Fay as underwriter, Mira Johnson as loan processor, and Cameron Hall as loan analyst. The company… 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

Brief: Money360 Announces Strategic Relationship With Millennium Alternative Investment Network

dan vetter

Money360, a commercial real estate online marketplace lending platform, today announced a strategic relationship with Millennium Alternative Investment Network (MAIN), an efficient end-to-end solution that offers investors access to an increasing range of alternative investments. Starting this year, accredited investors will be able to access… 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

Millennium Trust Debuts New Comprehensive Custody Solutions Network for Alternative Investments

Scott Mccartan

This week, Millennium Trust Company  announced the launch of its centralized online service known as Millennium Alternative Investment Network ™ (MAIN). According to Millennium, MAIN delivers an efficient end-to-end solution for individuals and advisors looking to hold alternative investments within either IRAs or taxable custody accounts…. 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

The Largest Real Estate Crowdfunding Platforms

Construction Skyscraper Real Estate

Real estate crowdfunding may be the hottest sector within the crowdfunding industry – at least in the US. Real estate and crowdfunding, be it debt or equity, is a perfect marriage of pairing technology to an out of date process of matching investors to projects. In the past,… 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

Money360 Appoints Laura Catalino as Senior Vice President

Laura Catalino - Money360 - JPEG image

Money360, a commercial real estate peer to peer lending platform, has hire Laura Catalino as a Senior VP to manage investor relations. “Online marketplace lenders such as Money360 are providing commercial real estate borrowers with more loan options than ever, while also offering investors a… Read More

Brief: Commercial Real Estate Peer-to-Peer Lending Platform Money360 Closes $3.1 Million Palm Desert Loan in 10 Days

money360

Money360, Inc., an online peer-to-peer (P2P) commercial real estate lending platform, announced that it has funded and closed a $3.1 million commercial real estate loan in Palm Desert, California. Money360 was able to expedite the closing of the loan in just 10 business days to… Read More