Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
MidwestFinance

Money360 hits $1 billion milestone

December 7, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Money360, a technology-enabled direct lender specializing in commercial real estate loans, has surpassed $1 billion in loans originated and closed since inception. The announcement comes just 11 months after the company announced it had surpassed $500 million.

“From the beginning, Money360 has been committed to revolutionizing the commercial real estate lending industry,” said Evan Gentry, founder and chief executive officer of Money360. “We built the company with a highly seasoned team that possesses exceptional credit experience through all market cycles, and an origination team with deep local market expertise. Our first $1 billion milestone underscores our success in becoming a market leader by providing a more streamlined and client-friendly solution for brokers and property owners to obtain financing, and we expect to hit the second billion in 2019.”

Since the company’s launch in 2014, Money360 has transformed the commercial real estate lending process for borrowers, brokers and investors. As new regulation limited the types of projects that could obtain traditional bank financing and lengthened the time banks required to process loans, Money360 created an alternative by providing custom loan structures for properties in transition, and by offering a streamlined lending process that ensures efficient loan execution.

Money360’s proprietary end-to-end loan origination system, 360Live, facilitates connection between the borrowers and mortgage brokers involved in a real estate financing transaction so that all parties are kept informed of status, outstanding needs, and time to close. The added efficiency and transparency of the My360 portal allows all parties to focus more on their business.

Over the past few years, Money360 has grown its team to 37 staff members, adding personnel to the Midwest, Southwest and Western Regions, enhancing Money360’s local market expertise across the United States.

 

 

Tags
Evan GentryfinanceMoney360
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisOffice

Sterling Bay announces long-term lease with Wellington Management at 345 N. Morgan in Chicago

August 12, 2022
IllinoisMultifamily

Interra Realty brokers $2.23 million sale of two-building multifamily portfolio in Chicago’s Pilsen neighborhood

August 12, 2022
TexasOffice

Merriman Anderson Architects reveals design of McLaren Automotive’s new North America headquarters in Coppell

August 12, 2022
MidwestIndustrial

Stan Johnson Company sells 217,323-square-foot FedEx Ground facility in the Midwest

August 12, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com