$400 Billion in Private Equity Available: Realty Funding Partners Expands Into Twin Cities

July 12, 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 who have more than $400 billion in allocations available, announced today that Dede Hanka has been appointed as an Associate with the RFP Minneapolis Branch.  

"With my 10 plus years of being involved in the lending industry, I have built a great book of business with Realtors, financial advisers, bankers, attorneys and builders," stated Ms. Hanka.   I joined Realty Funding Partners because they specialize in investor backed lending solutions to meet all types of commercial funding needs, she added.

"We are delighted to have Dede Hanka join our company,"  said Neil Thompson, an RFP vice president.   "With her outstanding background, we believe she can significantly expand the RFP footprint in Twin Cities metropolitan area."

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. He pointed out that the company now has many associates throughout the nation and the next step is to open funding centers in all major metropolitan areas in the U.S.

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, and  national  scale.

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About http://www.realtyfundingpartners.com/dhanka: 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.