Key Takeaways:
- nxtCRE has developed a platform that provides CRE lenders with a line of sight to their borrower’s equity reinvestment and debt funding needs, which can result in improved liquidity for CRE transactions.
- The innovative approach is led by founder Adam Sharif, who has assembled a team with over 150 years of combined industry experience.
- The platform allows CRE lenders to achieve increased borrower retention, an untapped source to originate new loans, and a new, constantly replenishing revenue stream.
The Wizard Behind the Curtain: nxtCRE Founder Touts Lender Partner Benefits
Miami, FL – Adam Sharif, founder of nxtCRE, has created a platform that aims to improve liquidity for commercial real estate (CRE) transactions. The cutting-edge platform provides CRE lenders with a line of sight to their borrower’s equity reinvestment and debt funding needs. This can result in an increased borrower retention rate, an untapped source to originate new loans, and a new, constantly replenishing revenue stream.
Sharif’s team at nxtCRE has more than 150 years of combined industry experience, and its members come from leading CRE financial institutions. The team includes top brokers and marketers, as well as trailblazing tech creators. The platform allows CRE lenders to gain visibility into their borrower’s equity reinvestment and debt funding needs, with the goal of improved liquidity for CRE transactions.
Increased Borrower Retention
The nxtCRE platform enables CRE lenders to gain a better understanding of their borrower’s needs, which can lead to an increased borrower retention rate. Borrowers can post a profile of their investment needs on the platform at no cost to them or to the lender. Their profile is anonymous and confidential. Borrowers are automatically alerted when matched properties have been found, which can lead to a higher level of engagement and satisfaction.
Untapped Source to Originate New Loans
The platform also provides an untapped source for lenders to originate new loans. By gaining a line of sight into their borrower’s equity reinvestment and debt funding needs, lenders can identify new loan opportunities that they may not have been aware of otherwise. This can help to grow their loan portfolio and increase revenue.
New, Constantly Replenishing Revenue Stream
Finally, the nxtCRE platform provides a new, constantly replenishing revenue stream for lenders. The platform allows lenders to benefit from properties being paid off at other lenders. This gives lenders an opportunity to benefit from properties that are frequently funded by different lenders, providing a new source of revenue that is constantly replenishing.
How It Works
Borrowers post a profile of their investment needs on the nxtCRE platform via their lender. Their profile is anonymous and confidential. Meanwhile, CRE sellers who register on the nxtCRE website can post listings for free. They receive a report of matched investors on their dashboard and choose which they wish to contact. The platform makes the connection between the seller and the borrower.
Lenders can invite their borrowers to use the nxtCRE platform individually. However, many lenders achieve greater success when they combine two approaches: sending introductions to all their borrowers and using a safe API system to alert nxtCRE when a borrower has notified the lender they are ready to pay off a loan.
Conclusion
The nxtCRE platform provides a unique solution to improve liquidity for CRE transactions. By providing lenders with a line of sight into their borrower’s equity reinvestment and debt funding needs, the platform enables lenders to increase borrower retention rates, identify new loan opportunities, and benefit from properties being paid off at other lenders.
Website: https://nxtcre.com/
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