TOOL S YOU NEED

To get where you want to be...

At Pacific Private Money, we strive to provide best-in-class alternative financing solutions for real estate transactions. Our team of experienced professional has built and earns a reputation for transparency, speed, and reliability.

Whether you are a self-employed borrower with a seasoning of funds and reserves issue, a real estate professional trying to provide their client with all the options available to them, or a mortgage broker who wants smart funding to achieve their client's goals, private money is a great tool that gives the borrower lending luxuries such as the ability to make cash-like o ers.

Partner and CEO Geraci LLP

ANTHONY GERACI a.geraci@geracillp.com

Senior Vice President, Marketing

LESLEY BOYD l.boyd@geracillp.com

Creative Director

LYNDA HIGHT l.hight@geracillp.com

Editor/Copywriter

LAUREN LOPEZ l.lopez@geracillp.com

CONTRIBUTORS

John Bowens • Susan Naftulin

Rocky Butani • Steven Ernest, Esq.

Matthew Gunter, Esq. • Mark Dewyea

Welcome to the February Edition of Originate Report!

“Don’t wait for extraordinary opportunities, seize common occasions and make them great.” – Orison Swett Marden

One month into 2023, and the road ahead for the industry is marred with uncertainty at best. The threat of a true recession weighs heavily across the nation and housing prices are continuing to decline in many markets. While many are struggling with the industry’s complete 180, there is opportunity still available for those who “seize the occasions and make them great”.

This month, we had the pleasure of working with Paul Shaughnessy, Managing Director, Renovo, for our cover story. Imbued with the Renovo tagline, #hustleharder, Paul and his team were tasked with building Renovo’s presence in Boston from scratch at the height of the pandemic. That was a lofty goal; however, Paul and his four-person team have since met and exceeded all expectations, completing 280 loans for over $215 million in his hometown in 2022. With Renovo’s presence in Boston continuing to grow, Paul has his sights set on additional markets surrounding the city while eying potential expansions outside Massachusetts as well. Known as one of the hardest-working leaders in the industry, there is no doubt Paul will continue to grow Renovo’s market share. Read this month’s cover story to learn more about Paul’s journey at Renovo.

FOUNDING UNDERWRITERS

MARK HANF

President, Pacific Private Money www.geracilawfirm.com/originate-report

Unfortunately, while we have witnessed a positive rise in performance and market share ownership from our friends at Renovo, the real estate market has shown a huge uptick in people trying to take advantage of the market with unsavory practices across the country. Gain practical knowledge and tips to help you identify and prevent fraud, learn about the benefits of SelfDirected IRA’s, get helpful Marketing advice, gain insight into fund strategy, and get applicable advice about getting your money back from deficiency suits in this month’s edition.

There is no better time than now to set yourself up for success this year. #Innovate2023 is taking place April 17-18 at Balboa Bay Resort in Newport Beach. With sponsorships selling fast, reach out to our team to learn more. Visit www.geracicon.com for details.

Do you have an innovative company, service, team member, or idea you want to get in front of industry decision makers at Innovate 2023? We’d love for you to #shareyourstory with us. Contact us to find out how: submissions@originate.report. Limited space available.

Until next time,