Press Release brought to you by Taylor Johnson Public Relations

Taylor Johnson Now Represents Renovo Financial

06/13/2016

Taylor Johnson 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.

Renovo Financial’s experts can speak to a range of topics, including:

  • Which local and national housing markets hold the best renovation/investment opportunities, including how to identify up-and-coming Chicago neighborhoods with the greatest potential for return on investment.
  • Tips for residential real estate investors on how to avoid renovation pitfalls, identify opportunities for house flipping and invest in real estate outside the local market.
  • Market conditions, government regulations, risk tolerance and other factors influencing large banking institutions’ inactivity in the residential rehab loan space.
  • Creative financing options for investors, including how to leverage an IRA to buy residential properties to generate short- and long-term revenue streams.
  • The potential impact of rising mortgage rates and home prices on investment activity.

We look forward to sharing insights and news from Renovo Financial. For more information on Renovo Financial, please contact Julie Liedtke at Taylor Johnson at (312) 267-4521 or jliedtke@taylorjohnson.com.

 

Renovo FInancial – CORPORATE FACT SHEET

Key Contacts:

Kevin Werner, CEO

Eric Workman, Senior Vice President of Marketing

Dan McLaughlin, Chief of Staff

Company Profile:

Chicago-based Renovo Financial is 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, along with 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.

Renovo Financial Services:

  • Short-term loans
    • Payable within one year
    • Renovation
    • Acquisition
    • Construction
  • Long-term loans
    • Payable over 30 years
    • Acquisition
    • Refinancing
  • Property types:
    • Single-family homes
    • Condos
    • Townhomes
    • Multi-family up to six units
    • Small mixed-use

Website:           renovofinancial.com

For more information or to arrange an interview, contact Julie Liedtke at Taylor Johnson at (312) 267-4521 or jliedtke@taylorjohnson.com

 

Source

Taylor Johnson Public Relations

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