07/21/2023
We can't express enough how honored and proud we are to be Founding Members of The National Private Lenders Association. The has helped our company navigate the uncharted waters of 2020. It has allowed us the opportunity to close deals with many of our fellow members who all abide by the same code of ethics and best practices. We are blessed with a seat at the table, and a voice in the discussion.
Whether you are a private lender, fix & flip investor, developer, or real estate service provider... The NPLA is fighting behind the scenes to help protect you and your business from the threat of over regulation. The potential consequences, and costs, of not pursuing self-regulation of the private lending industry could lead to a large ripple effect that could flow down to the borrowers... Which in-turn, could result in substantially less capital in the marketplace, lower leverages, and higher costs to the borrower. Therefore, resulting in less deals being funded, less distressed properties being repaired, less supply in the market, less distressed homeowners being helped, less jobs and business for contractors and real estate service providers.
As a large borrower of private capital ourselves, it has been very inspiring to witness how much the NPLA has invested in both time and resources to protect our space. With its most recent victory in New York ( see video: https://vimeo.com/495544419 ), the NPLA has proven its worth and will continue to gain strength moving forward.
This association (led by some of the most intelligent and seasoned professionals I've ever had the privilege of working with) is something very special to me... And as the Vice-Chair of the Membership committee, it is my duty to encourage all of our colleagues to reach out and apply for consideration of entry, and join us as we grow, strengthen, and protect our industry.