Money360 Surpasses $750 Million in Commercial Real Estate Loans Closed

World News: . []

LADERA RANCH, Calif., June 13, 2018 (GLOBE NEWSWIRE) -- Money360, a technology-enabled direct lender specializing in commercial real estate loans, today announced it has surpassed $750 million in loans closed since inception. This includes $82.5 million in loans closed in May 2018.

“Money360 has shown an incredible capacity to scale and meet the needs of our borrowers by leveraging our tailored loan structures and our highly experience team committed to delivering exceptional customer service,” said Evan Gentry, Founder and CEO of Money360. “As the commercial real estate industry prepares for a new phase in the real estate cycle, Money360 will become an even more crucial source of capital for owners seeking to secure financing and liquidity.”

Money360 specializes in bridge and permanent loans of $1 million to $20 million. Notable loans closed in 2018 include:

In addition to record loan generation activity, Money360 has continued to expand its presence across the US, hiring Jon Mettel as a new Regional Director of Originations in the Southeast Region. Mr. Mettel will be based in Charlotte, NC leveraging his decades of experience with Hunt Mortgage Corporation, Bayview Financial, Silver Hill Financial, Bridger Commercial Funding, SL Capital, American Real Estate Capital, B2R Finance and PennyMac Loan Services.

The company has also added several new commercial real estate loan administrators and analysts to its Ladera Ranch headquarters as loan volume continues to grow.

Money360 is transforming commercial real estate finance with its fast, transparent and reliable platform for borrowers and investors. Money360 is a nationwide, tech-enabled direct lender that offers borrowers speed, convenience and reasonable terms on commercial real estate loans from $1 million to $20 million. The company also provides investors direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360's investment management company, M360 Advisors, LLC, manages diversified fund vehicles on behalf of investors. Borrowers and lenders (investors) can register at .

Carly Hall Prosek Partnerschall@prosek.com646-213-3201

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Globe Newswire: 14:00 GMT Wednesday 13th June 2018

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