December 6, 2018
Ladera Ranch, CA-based Money360 surpassed $1 billion in loans originated and closed since inception in 2014. The achievement comes just 11 months after the company surpassed $500 million, signaling unprecedented growth for the firm and a growing appetite among CRE borrowers for more flexible financing solutions than traditionally offered.
Money360’s Evan Gentry says, “From the beginning, Money360 has been committed to revolutionizing the commercial real estate lending industry. 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.”
M360 Advisors, Money360’s affiliate investment management company, also achieved a significant milestone in 2018, reaching more than $650 million in gross assets under management. This growth has been spurred by ongoing interest from U.S. and foreign institutional investors, and a successful registration with the South Korea Financial Supervisory Service (FSS).
*Pictured Jenkins Court in Jenkintown, PA
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