6A — August 19 - September 15, 2022 — Investment/Multifamily Financing — Financial Digest — M id A tlantic Real Estate Journal
www.marej.com
I nvestment /M ultifamily F inancing
Company provides funding to owners/operators, brokers and investors American Standard Capital is now a Nationwide lender for small balance and middle market CRE
N YACK, NY — Ameri- can Standard Cap- ital (ASC) has ex-
occupied properties. Financing is available across all commer- cial asset classes: mixed use,
the needs of these owners and investors. The initial focus was on New York City’s five boroughs and the surrounding NY/NJ metro region. The firm now has lending power in all 50 states. Decades of experience with a consultative approach ASC’s principals, Glenn Thomas and Tom Ravert , each have decades of experi- ence working with real estate owners and investors, mort- gage and commercial real es- tate brokers, and third parties involved in the commercial
real estate space, such as at- torneys and accountants who refer their clients for financ - ing. They have developed a proprietary, highly efficient, secure CRE lending platform backed by their consulta- tive approach to business, transparency throughout the lending process, and straight- forward decision-making. “What sets us apart is not only the efficient platform we’ve developed but how we work with our clients and the third parties that refer us,” said Thomas. “For one, we look at the whole picture, address
any credit issues with recom- mendations for remediation, with an excellent track record of closed commercial real es- tate transactions. And with our referral partners, we get their deals done while they maintain their valuable cli- ent relationships . . . and get a finder’s fee from us for every deal of theirs that we close. Everyone wins.” Supporting bankers with financial solutions Ravert added that ASC has launched a special banker pro- gram for bank officers who are seeking to close more transac- tions or whose clients require more complex financing solu - tions, without adding to their staff or workload. “Many bankers are not able to close deals for various reasons,” said Ravert. “The loans may be for properties or amounts outside of the banks’ footprint or strict lend- ing criteria, for instance. We offer support with fast turn- arounds, flexible terms, and a strong credit product without the need for a deposit relation- ship. Plus, our team handles all the loan origination and underwriting, and gets to clos- ing more quickly.” MAREJ Souder celebrates one year at Surety MARLTON, NJ — Nick Souder of Surety Family of Companies (Surety) celebrates his one-year an- niversary with two milestone announcements. The expe- rienced business develop- ment executive has been an integral part in launching the Souder Team – a dedi- cated group of title industry specialists that will expand the company’s reach in Cen- tral NJ, specifically Mercer, Middlesex and Monmouth counties. Simultaneously Souder worked hand-in-hand with company management to op and home to the Souder Team. During his busy year, he has focused on strength- ening client relations and building new relationships through networking. “Nick is a force to be reckoned with,” said Red Bank Branch co-managers, Christina Mey- er and Debbie Freedman . “His passion for superior cus- tomer service paired with hon- ing and improving his skills every day make him a pleasure to manage.” MAREJ
multifamily, community retail, profes- sional office, warehouse/ logistics and self-storage. ASC was l aunched earlier this
panded its focus beyond the NYC metro mar- ket to now of- fer financing nationwide to the com- mercial real estate mar-
Glenn Thomas
Tom Ravert
year in recognition of how bor- rowers are often overlooked by traditional lenders—and that many financial institutions are not equipped to handle
ket. ASC services stabilized income-producing properties with loans starting at $1 mil- lion for investment properties and at $2.5 million for owner-
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