Cultivating Success Through Connection with Kendra Rommel
Lender Lounge with Kevin Kim
Kendra Rommel, co-founder of Futures Financial, joins Geraci Partner Jen and Geraci Attorney Nichole for a special “She-Shed” takeover episode of Lender Lounge. Kendra shares her unconventional path from retail to mortgage lending, her early operations experience, and the strategic decisions behind launching Futures with her partner David Rosenberg. The conversation explores balancing personal life and business, building a resilient team, lessons in partnership, and the importance of remaining adaptable in an ever-changing private lending market. Kendra’s story reveals the grit,...
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Live from Renovo’s Top Gun
Lender Lounge with Kevin Kim
Kevin Kim hosts a special episode of Lender Lounge on location at Renovo Financial’s Top Gun Event in Los Angeles. Joined by Paul Shaughnessy, a top originator at Renovo, and Kevin Werner, CEO of Renovo Financial, the discussion delves into Renovo's culture of employee investment, relationship-driven lending, and long-term growth strategy. The guests highlight Renovo’s commitment to local market expertise, continuous learning, and a high-performance team culture that drives their success. Insights into client relationships, the importance of local market presence, and future ambitions for...
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When A Cardinal Appears
Lender Lounge with Kevin Kim
In this episode of Lender Lounge with Kevin Kim, Briana Hildt, CEO and Founder of Cardinal Capital Group, joins the show to share her remarkable journey in private lending. From starting in asset management to becoming one of Massachusetts' leading private lenders, Briana discusses how she transitioned from a loan broker to launching and scaling her own lending business. She provides insight into the challenges of breaking into the Northeast market, the importance of relationship-driven lending, and how strategic decision-making fueled Cardinal Capital’s success. Briana’s story highlights...
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A League of Their Own - Guimont Capital
Lender Lounge with Kevin Kim
In this episode of Lender Lounge, Kevin Kim interviews Daniel Guimont, CEO of Guimont Capital, and Kirsten Lundell Koester, the company's Chief Legal Officer, at their Bellevue office. Daniel and Kirsten share Guimont Capital's journey from its roots as Las Vegas Loans to becoming a diversified lender focused on high-value, diverse projects across the U.S., from real estate to business acquisitions. They discuss the company’s hands-on approach, unique underwriting process, and commitment to borrower relationships, emphasizing both operational experience and the human element in lending....
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Live At CAPTIVATE
Lender Lounge with Kevin Kim
Kevin Kim hosts a live episode of Lender Lounge from the Captivate Conference at the Encore Hotel in Las Vegas. Joining him are industry veterans Evan Stone, CEO of Champions Funding and Chairman of Community Savings, Dustin Wells, President of Dominion Financial Services Wholesale, and Dave Orloff, CEO of American Heritage Lending. This discussion explores the evolving landscape of private lending, particularly the intersections of consumer and business-purpose lending. The panelists dive into their experiences transitioning from consumer to business-purpose lending, the distinct challenges...
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Don’t Mess with Texas, Michael Hoffman - Longhorn III
Lender Lounge with Kevin Kim
In this episode of Lender Lounge with Kevin Kim, Mike Hoffman, CEO and President of Longhorn Investments, joins Kevin to share his journey into private lending and the growth of Longhorn Investments. Starting from a background in law with no real estate experience, Mike stumbled into the world of hard money lending during the 2008 financial crisis. He shares the origins of Longhorn Investments, its expansion beyond Texas, and the unique challenges of building a successful private lending business. Mike also discusses how the company adapted to market changes, including the decision to start a...
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“Constructive Conversation”- with Ben Fertig, President of Constructive Capital
Lender Lounge with Kevin Kim
In this episode of Lender Lounge, Kevin Kim welcomes back Ben Fertig. Ben is the founder and President of Constructive Capital, the leading national capital provider for DSCR Rental Loans and Residential Transitional Loans (RTL or Fix and Flip Loans). Prior to Constructive, Ben led Credit and Asset Management at Finance of America Commercial; and, before that, he served as Chief Operator Officer of Jordan Capital Finance, where he managed originations, credit policy, and capital markets. Ben was instrumental in the sale of the Jordan Capital Finance platform to Blackstone and Finance of...
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First to Market: A Conversation with John Beacham, TOORAK Capital Partners
Lender Lounge with Kevin Kim
The Lender Lounge is pleased to host a special guest speaker series. Leading up to our next season, we have John Beacham of Toorak Capital Partners as our guest for an open conversation about his career and success. John Beacham, CEO of Toorak Capital Partners, joins Kevin Kim for a special episode of Lender Lounge, produced in collaboration with the American Association of Private Lenders. John shares his extensive journey in the finance industry, detailing his transition from investment banking to leading one of the most recognized firms in the private lending sector. The discussion...
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Kevin Kim Answers Private Lending FAQs + Season 4 Recap
Lender Lounge with Kevin Kim
In this concluding episode of Season 4, Kevin Kim reflects on the insights gained from our guests and addresses common questions from our listeners, particularly those new to private lending. Kevin discusses licensing for private lenders, emphasizing the variation in requirements across states and the importance of compliance and understanding securities laws, even when raising funds from family and friends. He also explores the challenges and opportunities of raising capital from international investors and the intricacies of fractionalized loans. He shares his observations on the...
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A Conversation with Beth O’Brien, Encore Finance
Lender Lounge with Kevin Kim
Beth O'Brien, a dynamic leader and innovator in the private lending industry, joins Kevin Kim on this episode of Lender Lounge. With her rich background in law, real estate, and securitization, Beth currently spearheads Encore Finance Capital. Her journey encompasses an impressive trajectory from working at renowned institutions like Goldman Sachs and Citi to pioneering her own private lending ventures. Beth's strategic insight and deep understanding of the residential and commercial real estate sectors empower her vision at Encore. This conversation expands on the nuances of private lending,...
info_outlineKevin Kim hosts a special episode of Lender Lounge on location at Renovo Financial’s Top Gun Event in Los Angeles. Joined by Paul Shaughnessy, a top originator at Renovo, and Kevin Werner, CEO of Renovo Financial, the discussion delves into Renovo's culture of employee investment, relationship-driven lending, and long-term growth strategy. The guests highlight Renovo’s commitment to local market expertise, continuous learning, and a high-performance team culture that drives their success. Insights into client relationships, the importance of local market presence, and future ambitions for Renovo make this a compelling episode.
Bullet Points:
[00:00:00] Introduction to the Lender Lounge podcast with Kevin Kim.
[00:00:48] Kevin Kim on location at Renovo Financial’s Top Gun Event in Los Angeles.
[00:01:19] Paul Shaughnessy introduces himself as an originator at Renovo Financial.
[00:01:35] Kevin Werner introduces Renovo's annual Top Gun Event for top performers.
[00:02:03] Criteria for Renovo’s Top Gun: Originators must close $50 million annually.
[00:03:01] Discussion on Renovo's culture of investing in employee happiness and growth.
[00:04:21] Renovo’s focus on continuous learning and development for the team.
[00:06:38] Challenges of expanding into new markets and attracting top talent.
[00:08:31] Renovo’s approach to lending only in markets where they have a local presence.
[00:09:40] Paul Shaughnessy on building Renovo’s presence in Massachusetts.
[00:12:31] Importance of understanding clients' business goals and challenges.
[00:14:27] Relationship-driven lending versus rate-driven competition.
[00:16:18] Balancing competitive product offerings with strong client relationships.
[00:18:23] Long-term perspective in lending and the value of borrower loyalty.
[00:24:14] The consultative approach to client relationships at Renovo.
[00:28:13] Navigating competition from legacy hard money lenders.
[00:31:04] The importance of character assessment in borrower qualification.
[00:33:21] Renovo’s diversified product offerings in the Massachusetts market.
[00:38:01] Expansion plans for Renovo in California with a focus on local leadership.
[00:41:06] Renovo’s internal culture-building through events like Renovo Palooza.
[00:44:31] Investing in employee development without sacrificing profitability.
[00:50:09] Insights from other successful companies like Quicken Loans.
[00:54:11] Transparency and accountability at Renovo through public performance metrics.
Links:
Learn more about Renovo Financial at https://renovofinancial.com/
Learn more about Geraci Law Firm at https://www.geracilawfirm.com
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