Regional Capital Group (RCG) Announces RCG 1 - A New Private Real Estate Lending Fund
RCG 1 Fund is projected to close $100 million
of loans in the new fund.
MARLTON, NEW JERSEY - Regional Capital Group (RCG), a unique direct lender and real estate investment banking firm based here, announces RCG 1, the firm's newest private fund targeting today's fast-paced and highly aggressive real estate market.
New Jersey entrepreneur Paul Braungart, founder and president of Regional Capital Group, is sponsoring the fund, known as RCG 1. RCG 1 is a real estate fund designed specifically to accommodate loan requests that require funding for acquisition, land improvement, construction, rehab and reposition, bridge, joint venture, gap equity and mezzanine.
During his tenure in the real estate finance field, Braungart has directed the funding of over $2 billion of real estate loans. The latest fund from RCG will offer higher leverage than typical funding sources in some cases for commercial and residential projects. This allows the company to be a lower cost alternative to expensive equity and in many cases allows the borrower to deal with one funding source. RCG 1 will consider loan requests in both urban and rural areas.
The RCG 1 Fund is projected to close $100 million of loans in the new fund. Capitalizing on the extensive experience of the principals, this new fund will allow RCG to continue a creative approach to real estate lending. The company has specialized in “thinking out of the box” when structuring a loan. RCG will lend on bankable deals without the typical lengthy process of many lenders. This philosophy contributes to RCG being among the most expedient in the industry.
"This fund will allow RCG to accommodate the lending needs of developers and investors in an under served but rapidly growing area of the real estate lending arena," reports Braungart. For more information on RCG 1, contact Paul Braungart at (856)983-4800 or paulb@regionalcapital.com.
ABOUT REGIONAL CAPITAL GROUP
Regional Capital Group, a Direct Commercial Real Estate Lender based in Marlton, New Jersey, provides unique financing for real estate. Regional Capital Group offers an alternative to traditional financing sources with creative loan programs for commercial and residential properties. Funding may take the form of debt, participating debt or mezzanine.
Regional Capital Group specializes in a variety of property types, including: multi-family, office, industrial, retail, mixed use, self storage, churches, limited and full service hotels and residential tract development. Loan programs include land, land improvement, construction, bridge, project rehabilitation, church loans, Gap financing, conduit lending, mezzanine loans.
FOR MORE INFORMATION:
Regional Capital Group
110 Centre Blvd.
Marlton, NJ 08053
Phone (856)983-4800
Fax (856)983-5001
www.regionalcapital.com
