GPARENCY

Wishing all our clients, partners, and friends a year filled with success, peace, and new opportunities. From all of us at GPARENCY, we hope the Jewish New Year brings you and your loved ones a sweet and fulfilling year ahead. #ShanaTova #NewYear #GPARENCY

 🎉 Congratulations to Rachel Radner! 🎉 We’re proud to announce that Rachel has been recognized as one of the 2024 Women in Commercial Real Estate (WICRE (Women in Commercial Real Estate)) by the New York Real Estate Journal! Her dedication and expertise have made a significant impact at GPARENCY, and we’re thrilled to see her achievements honored. Rachel has been an integral part of our team, bringing her passion and knowledge to every project she touches. Her ability to navigate complex deals while building strong client relationships has been invaluable to our success. We look forward to seeing her continued growth and accomplishments in the industry!  👉 Check out her feature in the NYREJ: https://lnkd.in/eHmYnBUZ #WICRE2024 #GPARENCY #CommercialRealEstate #WomenInRealEstate #RealEstateLeaders #NYREJ

Small Mixed-Use Owner-Occupied Purchase, Queens, NY Challenge: This is a smaller deal which the client sought financing to purchase three connected buildings, along with the electrical business occupying them. The buildings were older, and the business was underperforming with no financials to show. The entire commercial space in each of the three buildings, along with one of the residential units, was being used for the business, Most lenders (SBA and Conventional) returned with offers that fell significantly short of the needed proceeds. Solution: GPARENCY connected with a bank that took the time to understand the client’s vision for both the buildings and the business. Within a week, the bank recognized the potential in the deal and, at the client’s request, agreed to waive the guarantee from the business. This allowed us to secure a loan with a competitive 6.5% interest rate and a flexible prepayment structure, ensuring the client could move forward confidently with both the property and business acquisition.

Massachusetts $8mm Multifamily Purchase with the option for Condo ReleasesChallenge: The clients were purchasing a property with significant value-add potential by raising rents to market levels. However, lenders typically base their offers on the lesser of the purchase price or the stabilized value while meeting DSCR requirements. As a result, most lenders offered significantly lower proceeds, and even private lenders were reluctant to provide the desired loan amount. Additionally, the client wanted the rights to potentially condo the building and have releases for each unit. Solution: GPARENCY shopped the deal to private bridge lenders, large national banks, and local banks & credit unions. After several offers that didn’t meet the client’s expectations, we found a bank expanding its branches near the property, willing to stretch to make the deal happen. We secured the full proceeds the client sought, locking in a 6.3% rate with a local bank for the full 75% of the purchase—$6mm—with the rights for condo release, far better than the double-digit rates from private lenders. This client will now have a long-term direct relationship with the bank.

North Carolina Ground-Up Construction for Single-Family Residences (SFRs)  Challenge: The client initially secured a $7 million construction loan, but as the project progressed, they needed to refinance mid-construction as they realized they would need extra capital and sought to increase the loan to $9 million to pay off the original loan and complete the construction. The project involved homes being built using an off-site shell construction method, which the client had never used before. Additionally, the client needed an extra $2 million beyond the original loan amount. Solution: Gparency covered the private money market and shopped the deal to 68 lenders, despite the unique challenges we secured 7 excellent quotes and term sheets (TSs). Just as the client was about to proceed with one of the great offers, we managed to secure an even better term sheet that provided a lower rate, fewer points to the lender, and an additional $500,000 to cover closing costs and cash for escrow. Although the client's initial goal was to hopefully obtain $9 million, we over-delivered by securing $9.5 million. The client was thrilled with the outcome, and our fee was just $4500!

The market is finally recognizing the value of GPARENCY’s signature product—where our broker team shops your deal for a fixed fee, then empowers you to leverage that term sheet with your existing relationships! With our deep banking knowledge and nationwide connections, we ensure our clients get the best possible deal. Interestingly, about half of the clients we serve end up closing directly or return to their existing lender or broker. As we look ahead to an anticipated rate cut, the data suggests deal volume is set to rise even more. Let's do even more business: https://gprncy.com/SOFIN #CommercialRealEstate #CRE #Mortgage #RealEstate 

250 CRE players have discovered hidden interest rates and lender gems. Are you next? Just 30 days ago, we launched Andre, the AI-powered mortgage broker. We're thrilled to share that over 250 CRE players have already used Andre to find the best lenders and rates for their deals. Be one of the first to experience the future of commercial real estate financing. Built by GPARENCY, Andre uses cutting-edge AI technology to help you find the perfect loan terms for your next project or refinance. Andre can help you: 🏢 Find the best rates and loan options for your property type. 🏢 Access a curated list of lenders with a proven track record. 🏢 Get valuable insights on each bank to make informed decisions. Over 250 CRE players are already leveraging Andre to find hidden lender gems and save time and money. Don't miss out! Try Andre (in pre-beta) for FREE today at the link in the comments. #CRE #commercialmortgage #AI #findyourperfectbank #lendermatching #gparency

We are fortunate to be able to share more about the exciting momentum happening at GPARENCY! Below is a copy of the email our founder and CEO, Ira Zlotowitz, shared this week with GPARENCY’s shareholders: God willing, we just had our best month ever. After years of navigating a tough market, we're finally seeing GPARENCY’s vision bear fruit. The market is finally understanding that while you need a mortgage broker, fees shouldn't skyrocket with the size of the deal. Our capped fee model with options is resonating with clients. Production is on fire! Last month was a game changer. We originated 72 new deals, totaling almost half a billion dollars. This is a huge leap from our first six months of 2024 average of 46 deals per month. Year-to-date, we converted less than 8% of our loan submissions, but that’s trending upward. We anticipate converting at least 10% of last month's deals and expect to improve this number while continuing to flood the pipeline with new loans. AI is changing everything. We've developed a powerful AI tool called REED (Real Estate Education) to accelerate broker training. This internal tool has significantly improved our onboarding process, allowing us to reduce management overhead by two positions. On the client-facing side, we’ve launched Andre, our AI mortgage broker. Andre provides clients with real-time rate and banking information. Our strategy is to convert a percentage of these clients into GPARENCY brokerage clients. Please check out Andre at link in comments. With our proprietary banking data and the AI revolution, we’re building a massive advantage at minimal cost. Our farm system is working. We've perfected our broker hiring process. We have 100 new brokers in training and are adding 12 more each week. Turnover is high, but we’re steadily building the largest origination team in CRE. We’re cutting costs. Despite this growth, we’ve slashed monthly expenses from over $1.2 million to under $450k. How you can help: Your support has been instrumental in our success, and we value your partnership. To further accelerate our growth, we kindly request your assistance in referring potential clients to GPARENCY. By introducing us to individuals or businesses seeking mortgage brokerage services, you’ll be directly contributing to our shared success. We offer three flexible fee options to meet diverse client needs: Half a point capped at $100k Same full brokerage but only pay $11k upfront. $4,500 full brokerage but we stop at the term sheet. God willing, this is the start of something big. As we move forward, our vision is to become the industry leader in mortgage brokerage by providing unparalleled service, innovative technology, and exceptional value to our clients. With your continued support, we are confident in our ability to achieve this goal and deliver substantial returns to our investors. Thank you for your investment and partnership. Securities Disclaimer in comments.

At GPARENCY, we believe in transparency and empowering our clients with the best tools and information. That's why we've made our banking intel public, and you can now access it through our latest innovation - Andre the AI Mortgage Broker! Andre is designed to revolutionize how you interact with commercial real estate banking data. With just a few clicks, you can: Get real time rates based on all property types Find the best lenders for your deals Get the latest profiles on each individual lender We invite you to join the beta of Andre as we continue to train him on our banking data. Your feedback is crucial to us, and we would love to hear about your experience. Click here to get started: https://lnkd.in/eS2pU9Gp By participating in the beta, you'll not only get a sneak peek into the future of real estate banking data management but also help us shape Andre into the most effective tool for our users Thank you for being a valued member of the GPARENCY community. We're excited to hear your thoughts and improve our offerings based on your feedback. #AndreAI #CommercialRealEstate #CommercialMortgage

We're not just closing deals – we're setting new benchmarks. Our leading indicator? A whopping 35% surge in origination in July! The market is buzzing and it's clear: GPARENCY's offerings are hitting the sweet spot. With our capped fee structure, we're not just keeping up with the market – we're revolutionizing it. Discover why the market is buzzing about GPARENCY and choose how and when you pay: https://lnkd.in/ekGaFy3Q #CommercialRealEstate #CRE #RealEstate