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80 Connecticut Planet Realty, LLC Sales@CTREOTEAM.com 203-982-4985 cell www.CTREOTEAM.com Security • Preservation • Disposition Steve Rivkin Historically low levels of single-family home construction have created an affordabil- ity challenge for many willing homebuyers in the U.S. With the average age of a single-fam- ily home at 37 years old, millions of properties demand significant investment to meet the preferences of modern home buyers. Real estate redevelopers who leverage Fund at Flip's financing to renovate aging or neglected properties are able to deliver a like-new home at an attainable price point. "Our mission is to enable our clients to create wealth and improve communities by in- vesting in real estate. is additional capital is going to further advance the mission to more clients and communities across the country," said Matt Rodak, CEO and Founder of Fund at Flip. "Edison Partners has an impressive track record of investing in market leaders, and we're incredibly excited and honored to have them as a partner as we expand our product offerings, technology and services." Jennifer Lee, VP at Edison Partners, led the investment and will join the Board of Directors at Fund at Flip. "Fund at Flip's offering is well-timed with the growth of the residential real estate industry's addressable market," Lee said. "As affordability continues to concern many homebuyers, the renovation and recycling of existing homes offers an attractive, sustainable solution. We look forward to helping the Fund at Flip team accelerate their vision of being the destination platform for residential real estate investors." With the capital, Fund at Flip plans to scale distribution around its core product set in existing and new markets. e company also plans to develop additional residential loan products and provide new ways for institu- tional and accredited investors to fund their offerings. Shulman Rogers Gandal Pordy & Ecker, P.A., acted as legal counsel for Fund at Flip. PENNSYLVANIA FAST Transactions at Freddie Mac LoanLogics, a provider in loan-quality technology for mortgage manufacturing and loan acquisition, announced it is the tech- nology provider behind Freddie Mac's new tool, Freddie Automated Servicing Transfer (FAST), which streamlines the transfer of mortgage servicing rights for Freddie Mac's Cash-Released XChange. Launched in October 2018, FAST is an online tool that enables the physical transfer of mortgage servicing rights by extracting infor- mation from imaged documents. Leveraging drag-and-drop functionality, FAST standard- izes and simplifies the exchange of documents and data, freeing lenders from managing servicer-specific requirements and processes, while also eliminating multiple, time-consum- ing manual steps. FAST also gives mortgage servicers a more efficient method to receive documents and data from a variety of lenders, a process that has traditionally been one of the NEW JERSEY Fintech Platform Raises $11M Fund at Flip, a fintech platform and marketplace lender of residential real estate loans, recently announced that it raised $11 million from Princeton, New Jersey-based growth equity firm Edison Partners. Launched in 2014, Fund at Flip provides short-term loans to experienced real estate redevelopers who buy and renovate residential properties. After origination, Fund at Flip offers accredited and institutional investors the opportunity to purchase fractional shares of the loan and earn an 8%-9% annualized yield. Since Fintech Venture Fund, an Atlanta based early-stage investor, led the company's seed round in 2016, the company has realized exponential growth, doubling its revenue, loan origination volume and customer base each year. Fund at Flip was recently named number 42 on the 2019 Inc. 500 list of fastest- growing private companies in America and plans to use the additional capital to expand its market share of the trillion-dollar residential real estate investment industry. New York Prince & Associates Realty Group Serving Suffolk and Nassau Counties 631.252.9539 princeaar.com Angela Prince Distressed Property Real Estate Broker One in every 1,192 housing units in New Jersey faced foreclosure in August, according to a September 2019 ATTOM Data Solutions report. KNOW THIS was the gross ROI for single-family investors in Scranton, Pennsylvania. Source: ATTOM Data Solutions, "Tracking Home Flipping Across the Nation" STAT INSIGHT 134%