Dear Clients and Investors,

Patch of Land, Inc and its team was acquired in July of 2021. As part of our continuing efforts to wind down legacy operations, we have discontinued the legacy online portal as of August 15th, 2023

If you require legacy records or have any questions regarding past investment projects, please contact us at this address: [email protected]. Tax statements will still be timely delivered to the client addresses we have on file.

The Patch of Land Blog

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Patch of Land Expands Debt Facility With SF Capital to $30 Million

​​​Los Angeles, California - June 14, 2017 - Patch of Land, a leader in the online real estate lending marketplace using a technology-rich crowdfunding platform, has expanded its senior warehouse debt facility with SF Capital from $10 million to $30 million. SF Capital, a private investment firm with a flexible, long-term investment focus, began its lending relationship with Patch of Land in 2015.

The expanded debt facility provides Patch of Land greater flexibility in funding loans to support the company’s growing mortgage loan origination volume. It also complements the company’s robust crowdfunding network and enables Patch of Land to expand its pre-funding efforts to continue to meet the unique lending needs of real estate investors. The move is part of company initiatives designed to improve the borrowing experience for real estate entrepreneurs and, at the same time, expand access to residential and commercial real estate investing.

“SF Capital has been a great partner, and this expanded facility will help Patch of Land continue the growth that has resulted in a very strong year for the company,” said CEO Paul Deitch.

 

Paul Deitch, Chief Executive Officer, Patch of Land

“SF Capital has been a great partner, and this expanded facility will help Patch of Land continue the growth that has resulted in a very strong year for the company,” said CEO Paul Deitch. “We continue to scale our business to meet our growing originations volume, and to fill a void in the real estate finance industry by expanding and improving our marketplace, developing new products for various classes of real estate entrepreneurs, and enabling investors from Main Street and Wall Street the opportunity to participate in this attractive asset class.”

With the new debt capacity, the Company is well positioned to continue scaling loan originations focused on real estate investors that purchase, refinance, and rehab single-family residential properties and small commercial projects in 45 states across the U.S. The company has achieved record results so far in 2017and remains optimistic about the future.

“SF Capital works to identify and invest in high-quality companies with strong management, unique value propositions, and differentiated product offerings with an ability to scale to profitability within significant target markets,” said Neil Wolfson, President of SF Capital Group. “We have been pleased with our ongoing relationship with Patch of Land and are expanding our position because we believe that the company has the ability to significantly grow its top and bottom lines.”


About SF Capital Group

SF Capital Group is a private investment firm focused on the Financial Technology sector. The firm invests across all asset classes with a flexible, long-term investment focus. SF Capital’s portfolio includes allocations to many asset classes including venture capital, and direct debt investments in private companies.


About Patch of Land

Since issuing its first real estate loan in October 2013, Patch of Land has been recognized in the financial technology space as a leader in online real estate lending. The company employs proprietary technology to efficiently fill a void in the real estate finance industry by providing borrowers reliable access to capital for residential and commercial real estate projects. The platform also establishes a marketplace through which qualified individual and institutional investors can participate in private real estate projects with low minimum investments, predictable returns, and first-lien secured loans.

More information is available at www.PatchofLand.com or by calling 888-959-1465.


Media Contact:

Glen Orr
[email protected]
469.441.3203



If you want to learn more, take a look at some of the most commonly asked questions we receive about real estate crowdfunding on a daily basis and find out why so many people are crowdfunding real estate projects across the country with Patch of Land.
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