BryanZiegenfuse

What is Marketplace Lending and How is it Used? Expert Bryan Ziegenfuse Shares All You Need to Know

Brush Up Your Knowledge of Marketplace Lending With Bryan R. Ziegenfuse and Learn Why it May Come in Handy for You

Marketplace lending is when financial institutions other than banks match borrowers up with lenders. Marketplace lenders use technology to evaluate and process these loan requests, which saves time and streamlines the loan approval process, according to Bryan Ziegenfuse.

While banks lend deposits from their clients, marketplace lending platforms do not lend their own capital and they do not take deposits. Rather, they match up lenders and borrowers, then take a fee for their service of operating the platform. Marketplace lenders serve as an intermediary between lenders and borrowers, Bryan R. Ziegenfuseexplained.

Instead of working with a bank, marketplace lenders provide an alternate financial institution. “Banks are not able to serve all customers, whether that is customers who are having trouble obtaining a mortgage or money for a business,” Bryan Ziegenfuse said. “Marketplace lenders can provide better interest rates in some cases and fill in the gaps that banks are unable to.”

Marketplace lending has grown astronomically, though it is still relatively young. It is expected to hit $122 billion in loan origination volume by 2020. These numbers do not mean that marketplace lenders rival banks, but marketplace lending is increasing in popularity. In fact, marketplace lending is predicted to be a trillion-dollar industry in 10 years.

A key component of marketplace lending, Bryan Ziegenfuse said, is the use of technology to speed up the lending process. Marketplace lenders operate completely online, and the process is expedited additionally because there is less paperwork than with traditional banks. Getting started with taking out a loan takes only a few minutes for borrowers and the funding takes a few days at most. Therefore, marketplace lending has an appeal because the process is quick and typically quite painless.

According to Bryan R. Ziegenfuse, marketplace lending is an efficient process because borrowers and financial institutions are able to be matched according to whether they get value from each other. Borrows can then access products with fair prices and investors receive a competitive return financially, so everyone can benefit from this type of transaction.
“I look forward to seeing how marketplace lending will continue to develop and evolve as it becomes more popular and more people learn about how it can benefit them,” said Bryan Ziegenfuse.

Bryan R. Ziegenfuse is a managing partner of I Fund Philly and has had a diversified 15-year career as an executive across the lending, capital markets, finance and portfolio management disciplines.

Bryan R. Ziegenfuse - Commercial & Residential Lending

5 Things To Know About Commercial and Residential Lending, With Advice From Bryan R. Ziegenfuse

Bryan Ziegenfuse Explains the Important Things to Understand About Lending

 

Bryan Ziegenfuse
Bryan Ziegenfuse

In real estate, buying a home is done through residential lending, while purchasing a commercial property, or business is called commercial lending. are very different.

 

“You don’t necessarily need to be an expert in commercial and residential lending, as long as you find someone trustworthy to advise you in the process and answer all your questions,” said Bryan Ziegenfuse, who has worked for decades across the lending, capital markets, finance, and portfolio management disciplines.

 

Bryan R. Ziegenfuse has led numerous corporate initiatives across risk management, capital preservation, customer experience, and asset management. He manages key government relationships for his company and has held titles such as Director of Restructuring, Senior Fixed Income Trader and Director of Finance.

Here are five things to understand about commercial and residential lending, according to Bryan Ziegenfuse.  

 

  1. Residential loans deal with living space— like homes, condos, and apartments — while commercial loans are for commerce — like land, office space, retail space, and industrial space. “There are different processes involved with loans related to residential versus commercial properties, so it’s important to know which one you are in the market for,” Bryan R. Ziegenfuse said.

 

  1. When it comes to purchasing a home (residential), a mortgage lender is used. But when someone wants to buy a commercial property, a lending company that has expertise in that type of property should be used. Commercial lenders typically specialize in a particular area, such as land, office space, retail space, etc. “Capital sources and interest rates for different types of commercial property vary greatly, so it’s important to find a lender who specializes in what you are purchasing so they can analyze your property loan accurately,” Bryan Ziegenfuse said.

 

  1. With residential home loans, a 30-year term is a standard, though 15 and 40-year terms are also options. On the other hand, the risk is deemed to be greater with commercial loans than residential, so shorter terms are typical for commercial loans. A 10-year term is a standard.

 

  1. When it comes to a residential loan, the down payment is typically negotiable depending on the housing market, said Bryan Ziegenfuse. In some cases, a zero-down mortgage is possible if the borrower has good credit. But since commercial loans are considered riskier, a 20 percent down payment is the standard.

 

  1. Another differentiating factor between these types of loans is the potential penalty for prepayment, said Bryan R. Ziegenfuse. While a residential home loan can be paid off any time without a penalty, there are usually prepayment penalties that apply to commercial real estate loans, usually on a sliding scale.
Bryan R Ziegenfuse

Differences Between Commercial and Residential Lending, With Expertise From Bryan Ziegenfuse

Bryan R. Ziegenfuse

The Ins and Outs You Need to Know about Real Estate Lending

In the real estate world, buying a home (residential lending) and a business buying a property (commercial lending) are very different. “The requirements and processes for purchasing commercially vs. residentially vary widely,” said Bryan Ziegenfuse, who has a decades-long career across the lending, capital markets, finance and portfolio management disciplines.

Bryan R. Ziegenfuse has led numerous corporate initiatives across risk management, capital preservation, customer experience and asset management. “There are several important distinctions between commercial and residential lending,” Bryan R. Ziegenfuse said. “If you’re only familiar with one, don’t assume going into another type of lending that the process or terminology will be the same.”

At its simplest, residential loans deal with living space— like homes, condos and apartments — while commercial loans are for commerce — like land, office space, retail space and industrial space.

One main difference between commercial and residential lending is who handles the process. To purchase a home (residential), a mortgage lender is used. But when someone wants to buy a commercial property, a lending company that has expertise in that type of property should be used. Commercial lenders typically specialize in a particular area, such as land, office space, retail space, etc. “Capital sources and interest rates for different types of commercial property vary greatly, so it’s important to find a lender who specializes in what you are purchasing so they can analyze your property loan accurately,” Bryan Ziegenfuse said.

Another difference is the length of repayment on the loan. With residential home loans, a 30-year term is the standard, though 15 and 40-year terms are also options. On the other hand, the risk is deemed to be greater with commercial loans than residential, so shorter terms are typical for commercial loans. A 10-year term is the standard.

The down payment required is yet another difference between commercial and residential loans. When it comes to a residential loan, the down payment is typically negotiable depending on the housing market, said Bryan Ziegenfuse. In some cases, a zero-down mortgage is possible if the borrower has good credit. But since commercial loans are considered riskier, a 20 percent down payment is the standard.

A final differentiating factor between these types of loans is the potential penalty for prepayment, said Bryan R. Ziegenfuse. While a residential home loan can be paid off any time without a penalty, there are usually prepayment penalties that apply to commercial real estate loans, usually on a sliding scale.

“At the end of the day, keep in mind that commercial real estate loans are considered riskier, so there are rules attached to that that don’t necessarily apply to residential loans,” said Bryan Ziegenfuse.

Bryan Ziegenfuse - Impact with I Fund Philly

Bryan Ziegenfuse Makes Immediate Impact with I Fund Philly

Philadelphia based real estate lending firm I Fund Philly sees success with the arrival of Bryan Ziegenfuse

 

Bryan R ZiegenfuseIn December of 2018, the Philadelphia real estate community welcomed the arrival of Bryan Ziegenfuse to the innovative real estate lending firm I Fund Philly (iFP) as a managing partner. Now, just a few months after Bryan Ziegenfuse’s arrival, I Fund Philly has closed on the initial funding of a residential single-family project in the Port Richmond neighborhood of Philadelphia, Pennsylvania.

 

I Fund Philly entered in an agreement with Raza Homes to fund both the acquisition and numerous value-add repairs to enhance the value of the property. Raza Homes is now looking to stabilize the cash flows of the property into the future by securing a lease with a qualified tenant. The Philadelphia community has taken note of Bryan Ziegenfuse’s immediate contributions.

 

Bryan Ziegenfuse joined iFP in December of 2018

Following a diversified 15-year career as an executive across the lending, capital markets, finance, and portfolio management disciplines.  Prior to iFP, Bryan was Vice President of Strategy at a large non-bank mortgage company where he led numerous corporate initiatives across risk management, capital preservation, customer experience, and asset management.

 

Additionally, Bryan managed key government relationships for the company. Prior, Bryan held several positions at GMAC Mortgage from 2005 to 2013, including Director of Restructuring, Senior Fixed Income Trader and Director of Finance. Bryan Ziegenfuse holds a Bachelor of Science in Finance from Pennsylvania State University.

 

I Fund Philly and Bryan Ziegenfuse are facilitating three specific types of loans in the real estate community through their website – bridge loans, construction loans, and rental loans. Bridge loans consist of short-term financing to help customers remarket, reposition, or refinance projects.

 

The construction loans are intended for customers looking for financial support of projects that require upgrades, rehab, and renovations. Finally, members of the community looking to build a rental portfolio can apply for loans to grow the number of properties generating income. While currently focused on a few markets in the northeast, Bryan Ziegenfuse and IFP plan to expand across the country, starting with regions down the East Coast.

 

Through Bryan Ziegenfuse and IFP’s simplified asset-based lending approach, the team at IFP was able to obtain underwriting approval for the Port Richmond project within 24 hours and was able to streamline the back off processing to expedite the closing timeline. The IFP process, which Bryan Ziegenfuse helped master-mind is focused on value-add steps to alleviate back and forth between the lender, title company, appraiser, realtor, seller, and buyer.

 

Bryan Ziegenfuse and the team at I Fund Philly

Bryan ZiegenfuseTake a simplified approach to address customers’ challenges, as opposed to the complex and cumbersome approach of traditional lenders. One of the major challenges for members of the real estate community has historically been a lack of insight and timely communication into the status of closing.

 

This lack of insight is not only frustrating but can delay the preparation and completion of projects resulting in significant and unnecessary costs.

 

To address these needs, the iFP approach is rooted in total transparency throughout the lending process. To learn more about Bryan Ziegenfuse and I Fund Philly you can visit. www.ifundphilly.com

Bryan Ziegenfuse and I Fund Philly Enter Philadelphia Real Estate Community

Bryan Ziegenfuse and I Fund Philly Enter Philadelphia Real Estate Community

Bryan Ziegenfuse and Real Estate lending firm I Fund Philly aim to connect the Philadelphia Real Estate community in 2019

 

Bryan Ziegenfuse
Bryan Ziegenfuse

As millennials flock to cities in search of new jobs, entertainment, and an enjoyable lifestyle, the demand for newly renovated housing continues to grow and exceed supply. Having interviewed local realtors, developers, and real estate investors in the Philadelphia area, Bryan Ziegenfuse and I Fund Philly have confirmed this trend and have launched an innovative technology platform that streamlines and eases the processes that are necessary to connect investment capital with developers.

I Fund Philly and Bryan Ziegenfuse have launched a new website – www.ifundphilly.com – that makes it quick and easy for developers and real estate investors to apply for capital within a matter of clicks as opposed to going through the lengthy and complex processes associated with the status quo.

 

In 2018 Philadelphia experienced one of its largest construction booms since World War II – largely as a result of the influx of population from suburban areas to the metroplex. Bryan Ziegenfuse and I Fund Philly are well-positioned to service the needs of real estate investors and developers in this boom.

 

As a managing partner of I Fund Philly, Bryan Ziegenfuse is applying a diversified 15-year career as an executive across the lending, capital markets, finance and portfolio management disciplines. Prior to iFP, Bryan was Vice President of Strategy at Ocwen Financial Corporation where he led numerous corporate initiatives across risk management, capital preservation, customer experience and asset management. Additionally, Bryan managed key government relationships for the company. Prior to Ocwen, Bryan held several positions at GMAC Mortgage (Ally Financial) from 2005 to 2013, including Director of Restructuring, Senior Fixed Income Trader and Director of Finance. Bryan Ziegenfuse holds a Bachelor of Science in Finance from Pennsylvania State University.  

 

I Fund Philly and Bryan Ziegenfuse are facilitating three specific types of loans in the real estate community through their website – bridge loans, construction loans, and rental loans. Bridge loans consist of short-term financing to help customers remarket, reposition, or refinance projects. The construction loans are intended for customers looking for financial support of projects that require upgrades, rehab, and renovations. Finally, members of the community looking to build a rental portfolio can apply for loans to grow the number properties generating income.

 

Throughout 2019, I Fund Philly will continue to roll out enhancements to its platform covering many aspects of fix and flip, and construction loan management process. “Each of our scheduled enhancements are designed to streamline customer facing processes, focusing on value added steps as well as helping mitigate inherent risks within our asset-based lending products” said Bryan Ziegenfuse. 

The value of I Fund Philly in the marketplace was recently highlighted after completing initial closing on a Port Richmond project with owner Irfan Raza from Raza Homes.

 

“We are excited about the partnership and look forward to supporting Raza Homes in reaching their investment goals for 2019,” said Bryan Ziegenfuse

 

“With an abundance of competition in a crowded asset-based lending market, the Port Richmond project with Raza Homes was a thoughtful way for I Fund Philly to create value and build our relationship with a long-term real estate investor,” said Managing Partner Bryan Ziegenfuse

 

To learn more about I Fund Philly and Bryan Ziegenfuse you can visit www.ifundphilly.com

 

Bryan Ziegenfuse

I Fund Philly, Bryan Ziegenfuse, and Philadelphia See Largest Construction Boom Since World War II

Bryan Ziegenfuse and I Fund Philly arrive with innovative lending platform as Philadelphia sees largest construction boom Since WWII

WAYNE, PENNSYLVANIA, UNITED STATES, March 19, 2019 /EINPresswire.com/ — In 2018 Philadelphia’s growing district, Greater City Center, saw the construction and completion of 2,810 new housing units. This is the largest number of new housing units the district has seen since 2002.

This enormous construction boom is great news for the real estate community including the construction supply chain, developers, lenders, investors, I Fund Philly, Bryan Ziegenfuse, and those looking to rent and purchase property in an exciting and expanding metropolitan district.

Many observers, including Bryan Ziegenfuse and I Fund Philly, attribute this large construction boom to the Millennial generation. Millennials are widely defined as those born between 1981 and 1996, or between 23 and 37 years of age. The millennial demographic has been attracted to the Greater City Center in Philadelphia as a result of their desire to live in the exciting city.

Movement into urban areas is predicted to increasingly intensifying as residents seek new jobs, vibrant social living, walkability, easy transportation, restaurants and entertainment options. Through iFP’s own interviewing of local realtors in Philadelphia during December 2018 into January 2019, those local realtors continued to see strong demand for renovated homes. This movement has created a demand for newly renovated housing that far outpaces the current supply. Highly desirable areas have limited “mass” development opportunities for large developers creating strong support for small/medium size developers.

Center City District president, Paul Levy, differentiated this housing boom from the 2008 housing boom and recession by noting the 2008 housing boom was built on top of cheap credit, whereas, “this boom is driven by more positive fundamentals: the desire by millennials to live, work, and play in Philadelphia.”

I Fund Philly and Bryan Ziegenfuse’s innovative approach to connecting investors and developers through its mobile technology platform will bring much needed improvements to the customer’s experience for traditional fix and flip investors. Traditional bank lending lacks customer ease of processing. Developers and investors currently operate in a fragmented industry and spend large amounts of time on non-revenue producing tasks. The fix and flip process for investors, developers and contractors can be extremely difficult to navigate, effectively increasing the length of time and cost necessary to evaluate, secure and begin new developments, reducing the number of new projects possible for all parties. iFP’s platform will unite and integrate the sourcing, funding, managing and selling of the investments within local real estate communities by connecting these functions within a single, innovative, mobile-enabled product. The much-anticipated release of the product is scheduled for early 2019. While there has been a large boom in new construction, there is also a very high demand for newly renovated residential housing. This demand for newly renovated residential housing is a draw for buyers, sellers, developers, the construction supply chain, investors, and lenders alike. Bryan Ziegenfuse and I Fund Philly believe their innovating lending platform will bring value to all of these groups by streamlining the lending process with technology and eliminating outdated processes.

Private lending is a $50B industry and growing. Bryan Ziegenfuse and I Fund Philly are planning for a strong 2019 and will look to bring their community-based lending platform to additional cities to stimulate local real estate and bring continued value to developers, investors and builders.

To learn more about the loans offered by I Fund Philly (iFP), Bryan Ziegenfuse and the iFP management team you can visit http://www.ifundphilly.com/.

Bryan Ziegenfuse

Philadelphia Real Estate Development Community Welcome I Fund Philly and Managing Partner Bryan Ziegenfuse

Bryan R. Ziegenfuse and I Fund Philly Forecast a Growing Demand for Renovated Real Estate in the Philadelphia Area Bryan Ziegenfuse

I Fund Philly gained experience managing partner Bryan R. Ziegenfuse at the beginning of 2019 as the firm forecasts a growing demand for newly renovated real estate in the Philadelphia area and other metropolitan hubs. Private lending is a $50B industry and growing. There are numerous macro trends within the fundamentals of the residential housing market that will continue to support iFP’s asset-based lending approach. iFP is well positioned for long term success in a market that has seen a growing number of institutional investors, an increased demand for renovated housing that outpaces supply, and low default rates for experienced operators.

Movement into urban areas is predicted to increasingly intensify as residents seek new jobs, vibrant social living, walkability, easy transportation, restaurants and entertainment options. Through iFP’s and Bryan R. Ziegenfuse’s own interviewing of local realtors in Philadelphia during December 2018 into January 2019, those local realtors continued to see strong demand for renovated homes. This movement has created a demand for newly renovated housing that far outpaces the current supply. Highly desirable areas have limited “mass” development opportunities for large developers creating strong support for small/medium size developers. I Fund Philly and Bryan Zeigenfuse hope to improve the process by which this supply is created by connecting investors with developers through their innovative technology platform to meet this growing demand for new development.

In neighborhoods that still have many vacant buildings, there is potential to turn these spaces into affordable homes. Local nonprofits, individuals and developers are already rehabilitating them to create affordable homeownership and rental opportunities. Their success poses the question of whether similar projects can create affordable housing for members of the community.

I Fund Philly and Bryan Ziegenfuse are facilitating three specific types of loans in the real estate community through their website – bridge loans, construction loans, and rental loans. Bridge loans consist of short-term financing to help customers remarket, reposition, or refinance projects. The construction loans are intended for customers looking for financial support of projects that require upgrades, rehab, and renovations. Finally, members of the community looking to build a rental portfolio can apply for loans to grow the number properties generating income.

Bryan R. Ziegenfuse further added that right now, IFP is working in connecting the communities within Philadelphia and the surrounding suburbs that are residing in South New Jersey, Delaware County, Bucks County and Montgomery County before expanding its business outside their area.

There are large numbers of sub markets that are located across the United States and have underdeveloped real estate communities in comparison to the real estate communities that are located in New York City, Los Angeles, Miami and many more says the managing partner of I Fund Philly (IFP), Bryan R. Ziegenfuse.

To learn more about the loans offered by I Fund Philly (iFP), Bryan Ziegenfuse and the iFP management team you can visit http://www.ifundphilly.com/.

Bryan Ziegenfuse of I Fund Philly

Bryan Ziegenfuse of I Fund Philly brings new approach to real estate lending in response to high demand for renovated housing

Bryan Ziegenfuse of I Fund Philly brings a new approach to real estate lending in response to high demand for renovated housing

Bryan Ziegenfuse of I Fund Philly (2)Bryan Ziegenfuse and I Fund Philly bring a modern approach to real estate lending in Philadelphia as demand for renovated housing soars

 

Ziegenfuse recently joined Philadelphia-based real estate lender I Fund Philly (iFP) in December of 2018, bringing with him 15 years of executive experience across the servicing, capital markets, finance, and portfolio management disciplines.

 

I Fund Philly (“iFP”) is a private money lender connecting the real estate community through its platform which provides working capital to developers, investors, and builders in the form of short-term loans secured by real estate.

 

With the arrival of Bryan Ziegenfuse, iFP has differentiated itself from other lenders and is experiencing fast, organic growth as a result of developing a long-term, community-focused platform. I Fund Philly’s community is comprised of investors, lenders, local businesses, and service providers.

 

There are numerous macro trends within the fundamentals of the residential housing market that will continue to support iFP’s asset-based lending approach. iFP is well positioned for long term success in a market that has seen a growing number of institutional investors, increased demand for renovated housing that outpaces supply, and low default rates for experienced operators.

 

iFP’s innovative approach to connecting investors and developers through its mobile technology platform will bring much-needed improvements to the customer’s experience for a traditional fix and flip investors. Traditional bank lending lacks customer ease of processing.

 

Developers and investors currently operate in a fragmented industry and spend large amounts of time on non-revenue producing tasks. The fix and flip process for investors, developers and contractors can be extremely difficult to navigate, effectively increasing the length of time and cost necessary to evaluate, secure and begin new developments, reducing the number of new projects possible for all parties.

 

iFP’s platform will unite and integrate the sourcing, funding, managing, and selling of the investments within local real estate communities by connecting these functions within a single, innovative, mobile-enabled product. The much-anticipated release of the product is scheduled for early 2019.

 

In an effort to bring the real estate lending process into the modern age and accelerate the successful connection of available capital with developers and investors, Bryan Ziegenfuse and iFP have enabled customers to upload, process, and view all of the necessary documents online, directly through their website effectively avoiding common lengthy and outdated processes.

 

Simplification is a fundamental aspect of the customer experience

I Fund Philly and is a factor that has brought enormous value to the real estate community and has differentiated them from the status quo and other competitors.

 

At its core, Bryan Ziegenfuse and iFP manage operational, credit and market risk across three disciplines: borrower, asset and portfolio management. With a seasoned leadership team with significant experience in underwriting, default servicing, risk management, and asset disposition, managing risk is embedded in all aspects of the company.

 

iFP utilizes a combination of multiple 3rd party tools, proprietary models and industry best practices to qualify deals. Through many years of experience in default management and asset disposition, the team has assembled a meaningful process to significantly reduce credit risk.  

 

Private lending is a $50B industry and growing. Bryan Ziegenfuse and I Fund Philly are planning for a strong 2019 and will look to bring their community-based lending platform to additional cities to stimulate local real estate and bring continued value to developers, investors, and builders.

 

To learn more about the loans offered by I Fund Philly (iFP), Bryan Ziegenfuse and the iFP management team you can visit http://www.ifundphilly.com/.

I Fund Philly launch new iFP website in 2019 streamlining the real estate lending process

Bryan Ziegenfuse & I Fund Philly Launch New iFP Website in 2019 Streamlining The Real Estate Lending Process

Bryan Ziegenfuse | Newly launched I Fund Philly (iFP) website makes it easy to apply for customized real estate loans online in just a few steps.

 

Bryan ZiegenfuseShortly after the arrival of new managing partner, Bryan Ziegenfuse, I Fund Philly (iFP) has launched a brand new, easy-to-use website to streamline the real estate lending process for the Philadelphia real estate community. The team at I Fund Philly takes a simplified approach to address customers’ challenges, as opposed to the complex and cumbersome approach of traditional lenders. One of the major challenges for members of the real estate community has historically been a lack of insight and timely communication into the status of potential funding. This lack of insight is not only frustrating but can delay the preparation and completion of projects resulting in significant and unnecessary costs. To address these needs, the iFP approach is rooted in total transparency between customers and investors throughout the lending process.

 

In an effort to bring the real estate lending process into the modern age and accelerate the successful connection of available capital with developers and investors, iFP has enabled customers to upload, process, and view all of the necessary documents online, directly through their website effectively avoiding common lengthy and outdated processes. Simplification is a fundamental aspect to customer experience for I Fund Philly and is a factor that has brought enormous value to the real estate community and has differentiated them from the status quo and other competitors.

 

I Fund Philly and Bryan Ziegenfuse

Facilitating three specific types of loans in the real estate community through their website – bridge loans, construction loans, and rental loans. Bridge loans consist of short-term financing to help customers remarket, reposition, or refinance projects. The construction loans are intended for customers looking for financial support of projects that require upgrades, rehab, and renovations. Finally, members of the community looking to build a rental portfolio can apply for loans to grow the number of properties generating income.

 

I Fund Philly (iFP) brings additional value to the real estate lending process by offering customers special programs for specific situations. One of their most prominent programs is the Developer Construction Program, also known as the “Fix and Flip.” This program provides property owners with two sources of capital. The first source of capital assists customers to acquire the property. The second source of capital is intended to repair the property. Usually, the intent of the property owner is to sell the property once repairs and rehabilitation have been completed.

 

Another valuable program offered by I Fund Philly is the Stabilization Program or the “Traditional Bridge Loan.” This program provides property owners with capital to acquire property for a short-term period. Usually, the intent of the property owner is to either refinance this loan into a long-term loan or quickly reposition the property for sale.

To learn more about the loans offered by I Fund Philly (iFP), Bryan Ziegenfuse and the iFP management team you can visit http://www.ifundphilly.com/.

Bryan Ziegenfuse

I Fund Philly and new Managing Partner Bryan Ziegenfuse bring lending platform to Philadelphia real estate community

Bryan Ziegenfuse and Philadelphia based real estate lender I Fund Philly (iFP) to launch innovative mobile technology platform in 2019 Bryan Ziegenfuse

Bryan Ziegenfuse recently joined Philadelphia-based real estate lender I Fund Philly (iFP) in December of 2018, bringing with him 15 years of executive experience across the servicing, capital markets, finance and portfolio management disciplines. I Fund Philly is a private lender connecting the real estate community through its platform which provides working capital to developers, investors and builders.

iFP’s innovative approach to connecting investors and developers through its mobile technology platform will bring much needed improvements to the customer’s experience for traditional fix and flip investors. Traditional bank lending lacks customer ease of processing. Developers and investors currently operate in a fragmented industry and spend large amounts of time on non-revenue producing tasks. The fix and flip process for investors, developers and contractors can be extremely difficult to navigate, effectively increasing the length of time and cost necessary to evaluate, secure and begin new developments, reducing the number of new projects possible for all parties. iFP’s platform will unite and integrate the sourcing, funding, managing and selling of the investments within local real estate communities by connecting these functions within a single, innovative, mobile-enabled product. The much-anticipated release of the product is scheduled for early 2019.

Through iFP’s community customers will enjoy a suite of tools and resources to be
successful. Additionally, the platform will be web-based making it easy to use and accessible. of the technology platform will bring exponential value to members of the community as additional

Movement into urban areas is predicted to increasingly intensifying as residents seek new jobs, vibrant social living, walkability, easy transportation, restaurants and entertainment options. Through iFP’s own interviewing of local realtors in Philadelphia during December 2018 into January 2019, those local realtors continued to see strong demand for renovated homes. This movement has created a demand for newly renovated housing that far outpaces the current supply. Highly desirable areas have limited “mass” development opportunities for large developers creating strong support for small/medium size developers. I Fund Philly and Bryan Zeigenfuse hope to improve the process by which this supply is created by connecting investors with developers through their innovative technology platform to meet this growing demand for new development. Private lending is a $50B industry and growing and iFP’s asset-based lending approach is ideal for these types of investments. Asset-based lending can provide greater borrowing capacity based on the value of those assets even if profitability is marginal.

iFP and Bryan Ziegenfuse are initially focused on connecting the communities within Philadelphia and the surrounding suburbs of South New Jersey, Delaware County, Bucks County and Montgomery County before expanding in other regions in the United States. There are numerous “sub” markets across the United States that have underdeveloped real estate communities when compared to the real estate communities in New York City, Los Angeles, Miami, Dallas, etc. Those sub-markets will be strategically analyzed and tested to possibly support iFP’s geographic expansion plans.

Bryan Ziegenfuse and I Fund Philly expect a healthy environment for real estate development in 2019 and are excited to provide a new platform for the community to connect on to achieve greater success.