Richard Stephens Email & Phone Number

Apartment Capital provides debt and equity capital for the multifamily industries. We have extensive experience in mortgage origination and have built a reputation for service, quality and flexibility.In addition to permanent and floating rate debt financing, we are able to structure transactions using high-leverage bridge loans, mezzanine debt, construction loans and straight equity. From 5 units to 500 units, we specialize in obtaining the ideal capital fit for your needs.FHA… Show more Apartment Capital provides debt and equity capital for the multifamily industries. We have extensive experience in mortgage origination and have built a reputation for service, quality and flexibility.In addition to permanent and floating rate debt financing, we are able to structure transactions using high-leverage bridge loans, mezzanine debt, construction loans and straight equity. From 5 units to 500 units, we specialize in obtaining the ideal capital fit for your needs.FHA correspondent lending specializing in 221(d)(4), 232, 223(f) and 223(a)(7) Show less

 Founded, implemented, trained and managed staff through an entire life cycle of a financial company specializing in Automotive/Marine retail support and a FHA approved retail and wholesale B2B Mortgage Banker lender/broker business. Utilizing a warehouse credit line which was regularly evaluated to assure the optimum access to capital, with annual origination high of over $100 MM and management of over 50 employees trained to be independently responsible within a framework of policies and… Show more  Founded, implemented, trained and managed staff through an entire life cycle of a financial company specializing in Automotive/Marine retail support and a FHA approved retail and wholesale B2B Mortgage Banker lender/broker business. Utilizing a warehouse credit line which was regularly evaluated to assure the optimum access to capital, with annual origination high of over $100 MM and management of over 50 employees trained to be independently responsible within a framework of policies and procedures to plan, organize and carry out assignments with the opportunity to make a substantial contribution to achievement of primary organizational objectives in the assigned area with an emphasis on customer service.Established, supervised, trained and audited through complex analytical and program management the originating, processing, underwriting, closing and quality control departments to ensure outstanding customer service, profitability, productivity, and efficiency while maintaining intellectual property protection and complying with federal regulations/investor requirements and regulatory oversight. Developed, implemented, managed and trained processes and policies that supported the organizational goals including a quality control program that encompassed the understanding of and addressing of business and industry issues and objectives that was accepted by FHA, Freddie Mac, Fannie Mae and Investors.1991-2000 served as Contract Finance Director for King Marine, Inc. Responsible for desk management, training and goal driven production of new hires and seasoned employees. Successfully sustained goal exceeding results while balancing high customer satisfaction in cash deal conversions and sales penetration of service contracts, GAP, life /A & H and other point of sale presentations. Maintained professional relationships with lending institutions to allow for exceptionally high retail lending / lease approval ratios through proper deal structuring. Show less

 B2B sales through collaboration with Marcus & Millichap Real Estate Investment Services agents and their clients, as well as other investors, individuals and companies with a wide range of business ambitions, backgrounds and priorities to develop common goals and plans to facilitate the origination, structuring, underwriting and closing of commercial loans. Persuaded the utilization of MMCC services through presentations and public speaking at annual… Show more  B2B sales through collaboration with Marcus & Millichap Real Estate Investment Services agents and their clients, as well as other investors, individuals and companies with a wide range of business ambitions, backgrounds and priorities to develop common goals and plans to facilitate the origination, structuring, underwriting and closing of commercial loans. Persuaded the utilization of MMCC services through presentations and public speaking at annual symposiums. Regularly defined and managed projects which required strong interpersonal, group and customer-service related skills for scheduling, gaining cooperation, consensus building, making decisions and meeting deadlines. Weekly briefing the director on issues and situations related to the status of production, and effectively collaborating with other team members. Underwrote and sourced multi-family, commercial loans and mezzanine financing through Conduit, Fannie Mae/Freddie Mac, local and national lenders/banks. Show less

 Expert level knowledge of dealership operations and financial statement analysis  Responsible for desk management, taking application, structuring cash deal conversions and sales penetration of service contracts, life /A & H and other point of sale presentations, processing and closing.  Received awards for most improved and highest ratios in the Tamaroff Group. Implemented training courses on turnovers, closing skills and CSI.  Developed special financing programs… Show more  Expert level knowledge of dealership operations and financial statement analysis  Responsible for desk management, taking application, structuring cash deal conversions and sales penetration of service contracts, life /A & H and other point of sale presentations, processing and closing.  Received awards for most improved and highest ratios in the Tamaroff Group. Implemented training courses on turnovers, closing skills and CSI.  Developed special financing programs with banks and investors.  Extensive automotive retail management experience.  Extensive experience within OEM/knowledge of OEM policies and procedures.  In-depth knowledge of Best-in-Class sales and service processes.  Proven ability to successfully coach and train and retail employees  Experience in conducting training Show less

 Bachelors Of Science College Of Engineering Technology, O Automotive Heavy Equipment Management

Associate In Applied Science College Of Engineering Technology, Automotive Science Technology