Financial News
StackSource Surpasses $1.5 Billion in Commercial Real Estate Transactions
By:
PRLog
August 23, 2023 at 15:39 PM EDT
NEW YORK - Aug. 23, 2023 - PRLog -- StackSource, a leader in commercial real estate financing, surpassed $1.5 billion in successfully arranged transactions. This milestone was reached shortly before StackSource announced its inclusion in the Inc. 5000 list of fastest-growing privately owned companies in the United States.
StackSource's innovative platform supports its commitment to driving forward impactful commercial real estate debt and equity financing initiatives. Over the past year, some notable transactions include:
- The once-vacant historic Jefferson Arms building in St. Louis, MO is being revitalized through a $141.5 million transaction
- A $61 million multifamily acquisition in Arlington, TX
- A $52 million senior housing development with debt and preferred equity financing in Oswego, IL
- A $13 million office to multifamily conversion in Dallas, TX
Tim Milazzo, Founder and CEO of StackSource, remarked, "Our journey to surpassing $1.5 billion in transactions, as well as making the Inc. 5000 list, both underscore the evolving capabilities of StackSource. From serving underserved borrowers to structuring complex deals for reputable investors, our platform has redefined efficiency and transparency in commercial real estate finance."
StackSource's continued growth is strengthened by its nationwide Capital Advisory team. Collaboration with a network of over 1,000 capital sources results in a streamlined process that secures optimal capital stacks, reducing costs and time associated with traditional commercial mortgage brokerage.
Real estate investors interested in working with StackSource can visit StackSource.com and click "Get Financing" to see their matched capital sources within minutes.
About StackSource
StackSource is a visionary tech-enabled commercial real estate finance platform, revolutionizing the industry by seamlessly connecting investors with diverse financing options. Through its transparent online process, StackSource empowers developers and property acquirers to tap into an extensive network of banks, insurance companies, and debt funds. Rooted in innovation, StackSource reimagines commercial mortgage brokerage for the 21st century. For more information, visit StackSource.com.
Contact
Tim Milazzo
CEO and Co-founder
***@stacksource.com
Photos: (Click photo to enlarge)
Source: StackSource
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