RPC Realty Capital, LLC, based in the Richmond, Virginia area, is a unique commercial real estate debt advisory firm with a track record of executing and closing a mixture of Non-Recourse and Partial-Recourse debt in the following areas: Construction, Permanent, Acquisition, Interim/Bridge, and Mezzanine. Since established in June of 2014, RPC has closed over $500 million of loan placements.
RPC maintains an extensive network of lenders including Fannie Mae, Freddie Mac, FHA/HUD, Virginia Housing (VHDA), Commercial Banks, CMBS/Conduit, Life Insurance Companies, and other Non-Traditional sources. Property types primarily consist of Apartments, Hotels, Retail, Office, Industrial, Self-Storage, Senior Housing, Credit/Ground leases and some Specialty.
Admittedly, RPC doesn’t utilize the “mortgage banker or mortgage broker” term as the company owner, Steven Walker, primarily “grew up” as a CRE lender with Wells Fargo therefore the RPC business tagline should really be thought of as “an ex-evil lender now doing good”. Another noteworthy aspect of RPC is that its owner does actively invest equity with some long time developer clients and is actively involved in the development of a larger apartment project therefore a higher level of empathy accompanies each new finance opportunity. Whether it be timing, appraisal, legal costs, survey/title, replacement reserves, insurance requirements, guarantor covenants and a host of other loan related concerns they are all topics that the RPC owner has a personal and direct understanding of which again offers a level of insight that’s distinctive and beneficial to clients.
Finally, RPC will always deliver the commitments of being responsive and managing your expectations. Also, RPC recognizes this is a fee business but RPC subscribes to the low overhead business model and doesn’t maintain a fancy office or an army of analysts, etc., therefore the fees associated are much more palatable and reasonable for the service offered.
Thank you for taking the time to read this and please don’t hesitate to contact me.