Red Mortgage Capital, LLC Ranked as Nation’s Second Most Active FHA/Ginnie Mae Lender in 2011

  • 04/13/2012

Red Mortgage Capital, LLC Ranked as Nation’s

Second Most Active FHA/Ginnie Mae Lender in 2011

Seniors Housing Group Finances More Than $125 Million in March

 COLUMBUS, OH – The Mortgage Bankers Association’s recently published 2011 Annual Origination Rankings (based on calendar year ending December 31) that name Red Mortgage Capital, LLC as the nation’s 2nd most active FHA/Ginnie Mae lender and originator with more than $1.4 billion in activity. Red Mortgage Capital, LLC is both an FHA MAP and LEAN approved lender and also an approved Ginnie Mae issuer of Mortgage Backed Securities.

In other recent news, the Seniors Housing Group of comprehensive capital provider RED CAPITAL GROUP, LLC also announced robust lending activity for seniors/health care projects in the month of March, completing 15 seniors housing transactions for a total of more than $125.8 million in closed loan proceeds. Loan types ranged from GNMA/FHA new construction, refinances and acquisition/refinances to Fannie Mae MBS/DUS® refinances provided by mortgage banking arm Red Mortgage Capital, LLC, and Red Interim loan financing provided by principal lending arm Red Capital Partners, LLC.

Operating nationwide since its inception in 1990, RED CAPITAL GROUP, LLC is recognized for its industry expertise, innovative and comprehensive structures, and consistently high lender rankings. RED CAPITAL GROUP, LLC is committed to being the nation’s premier provider of capital across the spectrum of multifamily, affordable and seniors housing and health care asset classes.

 

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 About RED CAPITAL GROUP, LLC

RED CAPITAL GROUP, through three operating companies, provides integrated debt and equity capital to the multifamily, student and seniors housing, and health care industries.  Red Mortgage Capital, LLC is: a leading Fannie Mae DUS® lender for both Multifamily and Seniors Housing; one of the nation’s most active FHA Multifamily/Seniors lenders (MAP- and LEAN-Approved); a national Freddie Mac Seniors Housing Seller/Servicer; an active financier of Critical Access, community and rural hospitals; and services nearly $15 billion of income property mortgage loans.  Red Capital Markets, LLC (member finra/sipc) is: a leader in the trading and distribution of Fannie Mae and Ginnie Mae Project MBS; an active underwriter of developer-driven multifamily housing bonds; and also is remarketing agent for nearly $1.4 billion in variable rate demand tax-exempt and taxable housing and health care bonds.  Red Capital Partners, LLC delivers proprietary debt and equity to the multifamily and health care industries and provides asset management services for RED’s proprietary debt and equity investments.

 

RED CAPITAL GROUP is headquartered in Columbus, Ohio, employs approximately 200 people and maintains eight offices nationwide.  Since 1990, the bankers of RED CAPITAL GROUP have provided over $52 billion in taxable and tax-exempt first mortgage debt, mezzanine level capital and equity to multifamily, seniors housing, health care, and other real estate properties nationwide.  RED CAPITAL GROUP is a subsidiary of ORIX USA Corporation.

 

About Our Parent Company ORIX USA Corporation

ORIX USA Corporation (www.orix.com) is the U.S. subsidiary of ORIX Corporation, a publicly-owned Tokyo-based international financial services company established in 1964.  ORIX Corporation is listed on the Tokyo (8591) and New York (NYSE:IX) stock exchanges.  ORIX USA Corporation is a diversified corporate lender, finance company, and advisory service provider with more than $6 billion in assets and an extensive portfolio of credit products and advisory services.  ORIX USA is headquartered in Dallas, Texas and has approximately 1,400 employees worldwide.

 

 

 

Red Mortgage Capital, LLC is a licensed FHA MAP and FHA LEAN lender.

DUS® is a registered trademark of Fannie Mae.

 

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For more information on

RED CAPITAL   GROUP, LLC

Linda L. Mackov, Senior Managing Director

Columbus, OH

(614) 857-1404

llmackov@redcapitalgroup.com