News: Financial Digest

ReadyCap Commercial, LLC hires Jasie as vice president of commercial real estate lending

ReadyCap Commercial, LLC, a new non-bank direct portfolio lender offering commercial financing up to $10 million in major markets nationwide, has hired Sean Jasie as vice president, commercial real estate lending, covering the Boston and New England region. Led by a strong management team of experienced professionals, ReadyCap is actively hiring as it builds a best-in-class finance company in the small-balance commercial real estate lending space. Jasie joins ReadyCap with 13 years of experience in commercial real estate lending, concentrated primarily in financing multifamily, commercial and mixed-use assets. His expertise in originations, client service, and new business development is a valuable asset to ReadyCap's clients, which include commercial brokers, bankers, referral partners and business owners. A top producer with extensive industry knowledge, Jasie is known for exceptional customer service throughout his Boston-based career. Most recently, he served as principal of Pioneer Financial Group, a regional commercial real estate mortgage broker, private lender and advisory firm representing investors, developers, and businesses. While at Pioneer, Jasie specialized in financing stabilized, as well as in-transition multifamily, mixed-use, retail and commercial assets throughout New England. In this position, he originated, underwrote and structured over $500 million of equity and debt capital solutions for clients. ReadyCap Commercial is a non-bank, direct portfolio lender offering financing for small-balance commercial real estate investment, conventional owner user, SBA 504, multifamily and bridge loan programs in major markets nationwide. Available financing ranges from $500,000 to $10 million. With concierge-like personal attention, ReadyCap is set apart by its credit decisions, processing speeds and common-sense, solution-oriented underwriting. Based in Orange County, California, ReadyCap is supported by Waterfall Asset Management, LLC, an investment manager based in New York City with over $2 billion in assets under management.
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

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