Award: REAL ESTATE INVESTMENT SERVICES The honoree for this award is a company or association that excels in providing real estate-related services, including, but not limited to, property management, private lending, real estate education, remodeling, contracting, investment management, software development, data management, web-based investing platforms, social media, and crowdfunding platforms and communities.
WINNER
often said, “If you’re in the business of lending money, don’t run out of it”—and that statement is more important today than ever before. I am proud of how CIVIC has carved out its place in the business-purpose lending space and the positive impact we continue to make on the entire lending community. For CIVIC to be recognized by Think Realty with this recognition is an incredible honor. The CIVIC team is extremely proud to be an integral part of the real estate investment process and an ally for investors. The real estate investment financing solutions we lend to investors are simple and reliable, and it is a true privilege to be named as an honoree. I have always believed that quality, quantity, and consistency should be main drivers in what you deliver to your customer base. As CIVIC continues to lend uninterrupted, we are privileged to do just that. ABOUT CIVIC FINANCIAL SERVICES CIVIC Financial Services is a leading institutional private lender specializing in financing non‑owner‑occupied investment properties. CIVIC helps investors leverage opportunities to grow their real estate portfolios and build wealth. The company offers an array of residential and multifamily financing solutions for retail, wholesale, and correspondent channels.
partner for the investing community under the realm of CIVIC’s Core Values, which means serving investors with the honesty and integrity they deserve. The relationships we create and the successes we get to share in are monumentally more valuable than anything else we can do. Looking back at the beginning of 2022, what was clear to me was interest rates would rise, real estate values would ease their meteoric appreciation, supply chains would improve, access to quality contractors would get better, and opportunities in real estate would continue. As I sit here today with 2022 behind me, the one feeling/prediction that adjusted more radically than the other was interest rates. In four decades of lending, I have never seen interest rates move as quickly as they did in such a short period of time. There have been incredible ebbs and flows going in and coming out of these dynamic times, yet for the near future, I remain very bullish about real estate. I anticipate improved rates by mid to end 2023. I also see continued improvement in supply chains and access to quality contrac- tors, which will assist in the rehab and flipping of properties. With these current times often being compared to some of the more serious financial pullbacks in the last 40 years, relationships with your lending partners should be your No. 1 focus. We look forward to expanding our partnerships and capitalizing on the opportunities in front of us. I’ve
WILLIAM TESSAR CIVIC FINANCIAL SERVICES
PURPOSE, VISION, AND WHAT THE AWARD MEANS Investing in real estate can easily be categorized as “transactional,” but my purpose and passion for spending almost 40 years in this industry has everything to do with impact—making an impact on the residence that some- one will consider their shelter, their safety, and their “home sweet home.” That purpose is powerful. At CIVIC, we are fortunate to get to play a role in paving the financial path that makes dreams and goals possible. We have the privilege to serve the real estate investment community and create opportunities that may not have been otherwise afforded. Further, we’re passionate about being a lending WILLIAM J. TESSAR has more than 35 years of real estate and lending industry experience. Before joining CIVIC in 2017, he founded and was president of three mortgage companies, resulting in residential funding volume exceeding $40 billion. Tessar was honored to be named 2021 AAPL Member Lender of the Year and is a leading voice in the private lending industry.
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