Originate Report - August 2019

Page 6

PROFILE

RICH KATZ RODEO LENDING

By Charles Peckman, Originate Report

W

Originate Report: How did you become acclimated with the hard money and real estate space? Rich Katz: I was living in New York, and I sold a business that

ith a black belt in karate

lenders. Katz, who has served as

manufactured

and experience running

the company’s president since its

cartridges, and I moved to California

a

inkjet

inception, said Rodeo’s approach to

and was looking for new business

cartridge business, Rich Katz, the

private money lending is designed

ventures. I was always intimately

president of Rodeo Lending, knows

to maximize investment returns on

involved

toner

and

a thing or two about the discipline required to thrive in the private money space. Rodeo,

which

combines industry expertise with the interests of investors and borrowers.

was

founded

business

entrepreneurs

extensive

experience

conventional

real estate loans, and his strategy

by with

in

residential

the and

Katz sat down with Originate Report to talk about his beginnings in the private money space, as well as the challenges associated with growing

toner

with

and

moving

inkjet

business,

and as my company grew in New York I realized I loved the real estate

process. When I came [to

California,] I really didn’t know what to do – I was looking for a business

to

buy,

and

my

wife

suggested that I look into real estate because it interested me. I

commercial loan space, is one of

his company in the aftermath of the

received

the nation’s leading private money

2008 financial crisis.

estate license, but I knew that

6 Originate Report | July 2019

my

California

real

I didn’t want to sell homes – but with


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