 |
| Emily Johnson |
CHICAGO, IL, June 13, 2016 – Taylor Johnson President Emily Johnson
announces her firm now represents Chicago-based Renovo Financial, a private
lender providing loans of up to $2 million to experienced investors who
acquire, renovate and manage residential properties.
Founded in 2011, Renovo
Financial is one of Chicago’s fastest-growing private lenders, increasing its
volume from $500,000 in lending in 2011 to a projected $150 million for
2016.
Renovo Financial is
well-capitalized through long-time equity partner Granite Creek Partners, in
addition to Victory Park Capital, which recently made a $25 million commitment
to increase its total investment to $75 million since 2015.
Unlike traditional lenders
that can take up to 60 days to close, Renovo Financial’s structure enables it
to deliver a 10-day-closing guarantee on short-term acquisition and
construction loans, as well as long-term financing for rental properties.
The firm has a unique
hands-on approach toward lending, with a staff that holds expertise across all
disciplines, including financing, renovation and property management, and is
nimble enough to provide tailored customer service throughout the life of the
loan.
A team is assembled for
each project loan to include third-party professionals such as attorneys,
property managers, general contractors and Realtors. Renovo Financial
specializes in the Chicago market, and has an expanding network of capabilities
in other major cities.
For a complete copy of the company’s news release,
please contact:
Julie Liedtke at Taylor
Johnson at (312) 267-4521 or jliedtke@taylorjohnson.com.
No comments:
Post a Comment