$400 Billion in Private Equity Available: Realty Funding Partners Expands In Maryland

July 21, 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 Steve Rauseo has been appointed as a Team Leader with the RFP Westminister Branch in Maryland

"I have seen many changes in the mortgage industry in the past 22  years," stated Rauseo. "But nothing can compare to what has and still is changing in today’s commercial mortgage industry that is effecting good commercial borrowers  who have never been late or overextended on their credit lines.  Commercial banks and institutions have called in notes because the banks themselves made poor judgments or very poor government regulations.  My company, RFP is the only national firm that can and will step in with 300 strong equity and private portfolio lenders for today’s commercial client." he said.

"We are delighted to have Steve Rauseo join our company,"  said Neil Thompson, an RFP vice president.   "With his outstanding background, we believe he can significantly expand the RFP footprint in his market 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.

Asked why he joined RFP and what he sees as the company's future, Rauseo stated: "This is a very easy question to answer.  We both have the same vision of what it will take to bring this country’s commercial  industry back to where it belongs and rebuild  our nation’s economy and more jobs for the real people who want to work The future is now.  And the only way to go is up and be #1 and never look back because our glass is always full!!'

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.steverauseo.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.