By Scott Lynn
Metropolitan Capital Advisors is a member of the Real Estate Capital Alliance (RECA www.reca.us).
RECA is a professional association of 18 independently owned commercial real estate finance intermediary firms located across the U.S. The purpose of RECA is to allow our members to better serve their clients by providing access to a wider breadth of financing relationships that can follow a transaction to any market in the country.
RECA members share transaction-based, real-time capital markets information via a proprietary database. Moreover, RECA members exchange specific transaction information to assure every prospective financing request is presented to the most viable sources of capital, whether the assignment is debt or an equity placement (or anything in between).
RECA members are carefully recruited and evaluated by our membership committee to ensure that they are veteran commercial real estate financiers that add value to the overall association via experience with a variety of property types, deal structures, and capital provider relationships. Most of our members have, at one time or another, been associated with large national platform brokerage/finance companies, but otherwise prefer to serve their respective clients via a more hands-on, entrepreneurial, and client-centric culture versus the national operators.
The RECA independently owned member firms include:
|AMA Financial||Naberth, PA||Greg Wallace|
|Balboa Financial||Aliso Viejo, CA||Scott Duntley|
|Brama Asset Management||Marina Del Rey, CA||Brent Makaus|
|Dockerty Romer & Company||Delray Beach, FL||Bob Dockerty &Craig Romer|
|Fident Capital||Del Mar, CA||Kevin Choquette|
|George Elkins Mortgage||Los Angeles, CA||Jeff Hudson, Kevin Dinneen
|Highland Realty Capital||San Francisco, CA||Jeff Eliason, Brad Sevier
|Hunneman Capital Group||Boston, MA||Andrew Kaeyer|
|JMB Financial Advisors||Chicago, IL||John Pascal|
|Knightsbridge Realty Capital||Newport Beach, CA||Bill Campbell, Jeff Tomei
|Legacy Capital Advisors||Phoenix, AZ||Jim Pierson, Keaton Merrell|
|Lever Capital Partners||New York, NY & Las Vegas, NV||Adam Horowitz|
|Mansfield Equities||Los Angeles, CA||Phil Cohen|
|Metropolis Capital Finance||Bethesda, MD||Cliff Mendelson|
|Metropolitan Capital Advisors||Dallas, TX & Denver, CO||Scott Lynn, Todd McNeill
Sunny Sajnani, Charley Babb
|MS&F a Real Estate Capital Co.||Columbus, OH||Jeff Morris|
|Nebo Capital||Los Angeles, CA||Dave Blitz|
|Target Rock Partners||New York, NY||Rich Berlinghof|
The best test of the “Power of RECA” comes when individual members reach out to the RECA group for assistance on specific transactions. For example, Jeff Morris of MS&F, located in Columbus, Ohio, was introduced to a regional bank in Arkansas via fellow RECA member Metropolitan Capital Advisors in Dallas. The bank is providing debt side financing for a hotel project in South Carolina. Now that’s powerful!
Capital providers have taken note of RECA. In 2015, RECA members closed a combined $4.2 billion of commercial real estate finance transactions. This represents a collective closed production level that ranks RECA as one of the Top 10 finance intermediaries in the country. With over fifty (50) active financiers spread out amongst the eighteen member firms, RECA closed an average 25 transactions per month during 2015.
To learn more about how Metropolitan Capital Advisors can help you harness the power of the RECA network, visit our website at www.metcapital.com.
The author, Scott Lynn, is the Founding Principal of Metropolitan Capital and can be reached at email@example.com.