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Investment Startup Focuses on Fix-and-Flip Mortgage Loans

Friday, Jan 29 2021
Commercial Lending
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AlphaFlow, a money-management startup that purchases real estate loans from lenders, has sold $95 million in bonds based on fix-and-flip loans. So reports Bloomberg.

The securities sale is the first in what the company believes will be a succession of such deals as it continues to purchase rehab residential loans.

Ray Sturm, co-founder and chief executive officer of AlphaFlow, said that as the pandemic drives many American city dwellers into the suburbs, a good portion of them will buy houses renovated and flipped by property investors.

Read the full article from Bloomberg.

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