Tagged: money360

Pi Capital Named Financial Advisor & Placement Agent to Money360 For $250 Million South Korean Financing Vehicle

On Tuesday, Pi Capital announced it was named financial advisor and placement agent to Money360 for its $250 million South Korean financing vehicle, which designed to allow the online lender to employ funding as it provides commercial real estate loans to its U.S. client base. Steve Carlson,… Read More

Money360 Doubles Loan Portfolio & Surpasses $200 Million Transaction Mark

Commercial real estate marketplace lending platform Money360, announced on Thursday it has officially doubled its portfolio and surpassed the $200 million mark this month. The lender reported it took more than a year and a half for its platform to hit the $100 million and less… Read More

Money360 Provides $3.25 Million Bridge Loan for Florida Office Complex

Commerical real estate marketplace lending platform, Money360, announced on Monday it has provided a $3.25 million bridge loan to the owner of the Regency Business Center, a four-building office property in Jacksonville, Florida. According to Money360, the loan was secured by a first-lien deed of trust and… Read More

Prominent Fintech Investor & Prosper President Ron Suber Invests in Money360, Joins as Strategic Advisor

Ron Suber, Prosper Marketplace President and prominent Fintech investor, has taken a stake in Money360 – a fast growing real estate investment marketplace.  Suber will also play an active role as a Strategic Advisor to Money360 to help boost platform growth. Money360 has grown exponentially…. Read More

Money360 Affiliate M360 Advisors Registers Fund with South Korea Financial Supervisory Service

Money360 announced on Monday its commercial real estate fund affiliate, M360 Advisors, successfully registered with the South Korea Financial Supervisory Service (FSS). According to the marketplace lending platform, the FSS registration allows South Korean hedge funds, corporations, pension funds, insurance companies, and other institutional investors to participate… Read More

Money360 Funds $8.3 Million Bridge Loan for Jacksonville, Illinois Retail Center

Commerical real estate marketplace lending platform, Money360, announced on Wednesday it has provided a bridge loan to the owner of a retail center in Jacksonville, Illinois. According to Money360, the $8.3 million loan is allowing the borrower to pay off a maturing loan on the Lincoln… Read More

Money360 Expands: Appoints David Christensen & Kenneth Wood As New Directors

On Tuesday, commercial real estate marketplace lending platform, Money260, announced it hired two new directors, David Christensen and Kenneth Wood, to support the increasing demand in the northeast and northwest regions of the U.S.  According to Money360, Christensen has more than 30 years of industry experience in… Read More

Money360 Funds $3.87 Million Loan for Alabama Retail Center Acquisition

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

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

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

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

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

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

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

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

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

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

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

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

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