Sunday, December 11, 2016

Private Real Estate Lender Renovo Financial Funds Its 1,000th Loan

  
Kevin Werner
CHICAGO, IL — Chicago-based Renovo Financial, a private lender to residential real investors, announced it has funded its 1,000th loan since the firm’s inception five years ago. Founded in 2011, in partnership with Chicago-based private equity firm Granite Creek Partners, Renovo Financial has loaned more than $200 million to residential real estate investors on revitalization projects valued in excess of $350 million. 

“This is an important milestone for our firm, and testament to our belief that there is an under-served market of investors in the single-family and small multifamily space,” said Kevin Werner, CEO at Renovo Financial.

 “Our goal has always been to establish long-term relationships that support our clients’ businesses and enhance the communities our investors serve.

" Beyond reaching this 1,000th-loan marker, we are also very proud that our current repeat-client rate has surpassed 60 percent, and that we’ve funded projects in over 100 munic

 For a complete copy of the company’s news release, please contact:

Julie Liedtke, jliedtke@taylorjohnson.com, (312) 267-4521
Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527


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