We’re out to bring modern technology to the old-school market of Commercial Real Estate Loans. We believe in transparency, connection, and data.
We're a team of technologists and real estate finance experts that have come together to redefine the expectations of what it means to arrange financing on your commercial property investment.
Tim comes from tech giants Facebook and Google where he helped expand B2B marketplaces in ad tech. Years ago, he interned at a top NYC real estate company before the current real estate tech wave. He comes from a family with history in real estate.
Prior to joining StackSource, Andrew spent a number of years in logistics and business operations at Panalpina, before launching into software development via Fullstack Academy of Code. He studied linguistics at the University of Chicago. Andrew grew up working summer jobs in the commercial real estate business.
Andrew brings 15 years of CRE lending experience and 3 years of FinTech sales experience. Andrew is a graduate of the University of Mississippi and originally from Athens, GA. Andrew is heading the Georgia market for StackSource and based out of Atlanta.
Chris brings over 10 years of investment, real estate and technology experience. Previously, Chris helped RealtyShares launch their institutional platform and spent nearly a decade working for both large and small investment management firms in the traditional and alternative investment space. Chris is originally from the Chicago area and heading up the Chicago market.
Justin began his career in real estate construction and development at 24 years old, later founding his own development company focused on mid-rise condos and mixed use. He has developed over 250k sqft in the greater NYC area. Justin has a degree in finance and political science from Rutgers University.
StackSource came to be when a couple of pairs of jeans heard from some fancy suits how inefficient commercial real estate finance was.Our mission is to bring a new level of transparency and efficiency to commercial mortgage lending that can only be achieved through a combination of software and relationships.
A commercial mortgage for construction (construction loan) at 100% Loan-to-Cost (LTC) covers both hard and soft construction costs in full, meaning the developer doesn’t need to put any of their own capital to work. It’s a dream scenario for sponsors (borrowers) that do not have the capital to invest in the project themselves (or don’t want to put their money to work), but have the right experience and capabilities to execute on the vision of a new development deal. These days high LTC construction
Agency loans are awesome. Many multifamily investors analyze properties and think about their returns with an agency loan product in mind. Up to 80% LTV, non-recourse, competitive rates… what’s not to like?But agency underwriting guidelines are pretty stringent. Properties are scrutinized for vacancy and deferred maintenance, and need to be stabilized (typically 90%+ occupied for at least three consecutive months).Many major DUS lenders are now offering bridge loan products in order to help