BryanZiegenfuse
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.

Bryan R Ziegenfuse

Philadelphia based Real Estate lending firm, I Fund Philly, gains Managing Partner Bryan Ziegenfuse

Bryan Ziegenfuse brings 15 years of executive experience to community-focused, real estate lender, “I Fund Philly” as Managing Partner Bryan Ziegenfuse

I Fund Philly (“iFP”), based in Philadelphia, is a private lender connecting the real estate community through its platform which provides working capital to developers, investors and builders. 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.

Bryan Ziegenfuse formally joined iFP in December of 2018 following a diversified 15-year career as an executive across the servicing, capital markets, finance and portfolio management disciplines. Bryan brings leadership and “scalable” process development to iFP. Bryan was Vice President at Ocwen Financial Corporation where he led numerous corporate initiatives and managed key government relationships. Prior to Ocwen, Bryan held several positions at GMAC, including Director of Restructuring, Senior Fixed Income Trader and Director of Finance.

“We’re excited to welcome Bryan to I Fund Philly,” said Founder Ryan Herting. “Bryan’s vast strategic, financial and operational experience will be invaluable to the company as we work to deliver value to our investors and customers.”

As managing partner, Bryan Ziegenfuse will lead iFP’s efforts to capitalize on a long term fundamental trend in asset based lending. The team at iFP believes that we are not in the 1st innings of this shift however the market has a long way to go to become more developed. Increasing securitizations and institutional participation are helping support the product segment overall with investors closely watching the performance of the underlying collateral in those deals. Further development opportunities continue to exist within the capital markets and product itself. Additionally, with overall housing supply in balance with demand the belief is that highly desirable areas have limited “mass” development opportunities for large developers creating strong support for small and medium size developers. 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.

In promoting a diversified skill set across the rest of the iFP team, Ryan Herting and Christopher Tereo have been developing real estate in the Philadelphia neighborhoods for years analyzing trends neighborhood by neighborhood, block by block and street by street. Having a local boots on the ground knowledge down to the micro level is imbedded into the iFP approach and processes.

iFP is focused initially in connecting the communities within Philadelphia and surrounding suburbs of South New Jersey, Delaware County, Bucks County and Montgomery County before expanding outside the area. 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.

Later in 2019, iFP’s technology platform is planning to release the initial phase of its product which will improve the customer’s experience for traditional fix and flip investors. The fix and flip process for investors, developers and contractors can be extremely difficult to navigate. iFP’s platform will effectively bring together the sourcing, funding, managing and selling of the investments within a single mobile enabled product. Greg Jaspan, Head of Technology, will lead the product development. Greg brings a depth and talent of successful application development experience. With both Greg’s expertise and managing partner Bryan Ziegenfuse’s knowledge, I Fund Philly is heading towards a successful 2019. To learn more about Bryan Ziegenfuse and I Fund Philly, click here.

Bryan Ziegenfuse - Port Richmond Project

I Fund Philly’s, Bryan Ziegenfuse, Closed on Initial Funding for a Port Richmond Project Being Managed by Raza Homes Llc

I Fund Philly’s, Bryan Ziegenfuse, Closed on Initial Funding for a Port Richmond Project Being Managed by Raza Homes Llc

Bryan Ziegenfuse
Bryan Ziegenfuse

I Fund Philly completes initial closing on 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.

Following the arrival of managing partner, Bryan Ziegenfuse, I Fund Philly (iFP) has closed on the initial funding of a residential single-family project in the Port Richmond neighborhood of Philadelphia. 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 will then look to stabilize the cash flows of the property by securing a lease with a qualified tenant.

Through IFP’s simplified asset-based lending approach, the team at IFP was able to obtain underwriting approval within 24 hours and was able to streamline the back off processing to expedite the closing timeline. The IFP process, while currently localized to the Philadelphia region and South New Jersey, is focused on value-add steps to alleviate back and forth between the lender, title company, appraiser, realtor, seller, and buyer. 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 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.

“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.

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 is 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.

About I Fund Philly LLC

I Fund Philly is a full-service real estate and asset-based lender with offices in Bala Cynwyd, PA delivering the best customer experience to developers and real estate investors. Founded by Christopher Ryan Herting and Bryan Ziegenfuse, operating principally from the Philadelphia region, I Fund Philly has quickly grown to become a reliable fix and flip, bridge, rental, and construction loan lender. I Fund Philly aims to delight every customer through its transparent process, fees, and online platform.

About Raza Homes LLC

Raza Homes is a full-service real estate investment company based in Philadelphia PA investing in single-family and multifamily residential properties. Raza Homes LLC continues to aggressively grow its rental portfolio of properties across the Philadelphia region focusing on underserved and value add projects. Raza Homes appreciates all their working relationships with other real estate investors, lenders, contractors, and tenants to help provide quality real estate for lease and sale to the people of Philadelphia.

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