Real Estate Financing Paradigm Shift: Realty Funding Partners Expands Northeast Branch Office

March 10, 2011 - PRLog -- Responding to the overwhelming demand by customers and private lenders as a paradigm shift takes place in the real estate financing sector, Realty Funding Partners (RFP), which specializes in commercial funding by private lenders, announced today the appointment of  Calvin Lutz to the position of Vice Presidential Director to oversee the expansion of its Northeast Branch Office.

Self-employed and residing in Southampton, Long Island, New York since 1973, Mr. Lutz designed and built residential and commercial structures for many years, then owned and operated a multi-office mortgage brokerage for more than 14 years.

"Calvin Lutz brings both a vast amount of industry leading experience and a tremendous depth of knowledge from his decades as a professional and as an entrepreneur to Realty Funding Partners. Calvin’s outstanding work ethic, integrity, and management style as well as his broad skill set make him a tremendous asset to the industry, the company and the customers. It is an absolute honor to work with a professional like Calvin Lutz,." said Dr. Hunter Elam, RFP president and CEO,

Explaining the paradigm shift, Dr. Elam stated that "Traditional lending sources have left the market and the residential real estate market has become very toxic and more and more difficult one in which to succeed."

Private lenders such as private equity firms and wealthy individuals, with billions of dollars to invest, are moving aggressively to fill the vacuum left by conventional lenders in funding projects in untapped commercial markets said Dr. Elam.

“Our goal is to become the largest net branch company in the industry.” said Dr. Elam. “We already have more than 30 branch offices throughout the nation and are on track to open up another 20-25 branches in the next  60 days. "

"Adversity breeds opportunity," stated Mr. Lutz.  "The country's current economic situation is far worse than it was in 1989 and the opportunity to make a lot more money providing privately financed commercial real estate to deserving entities that the JP Morgan Chase and Bank of Americas of the world will not contemplate is a major reason why I joined RFP," he said.

RFP is actively seeking clients who need commercial business and real estate funding as well as  seasoned executives and experienced professionals who are interested in opening and developing new markets as well as servicing a rapidly growing customer base on a local, regional, national and international scale.

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About http://www.CalvinLutz.RealtyFundingPartners.com: Realty Funding Partners focuses on bringing innovative private lending solutions to meet all types of commercial real estate and business financing needs. RFP has the largest portfolio of private lending institutions and investor backed funding sources available. The company also offers a wide range of ancillary services ranging from principal reduction and credit repair for home owners to developing business plans for commercial loans RFP President & CEO. Dr. Hunter Elam has successfully developed, owned and sold several multi-million dollar high tech companies.