Private real estate lender Sharestates keen to expand

In order to minimize the risk for investors and borrowers, projects are carefully rated using a 34-point scoring matrix.

“We work with tons of brokers across the country helping them find funding for their undrawn loans,” Martino said.

While Sharestates primarily focuses on the fix-and-flip side of the mortgage business, the company has recently seen investors shift their interest in rental products in response to market changes.

Looking ahead, as real estate “continues to generate equity,” Sharestates is now focusing its efforts on finding the right brokers to work with, he added.

“This year has really given us an opportunity to see that there is a lot of capital for everyone,” he said, COVID dominated 2020.