Revere Capital looks to push forward as banks pull back - Dallas Business Journal

It's a dynamic moment for lenders, and for some, that could make for a very interesting 12 to 24 months.

"One of the great things about working at a debt fund vs. working at a bank is we're constrained by two things: good judgment and the SEC," said Founder and CEO"We don't have the Fed, which is taking the approach that it's their money to protect. It's actually our money.

I started early out of college buying a two- to 12-unit multifamily, and I realized that it's hard for me to scale small units, manage tenants, repair P-traps, put in paint, carpet and stuff of that nature. Then, I went to business school at SMU and didn't have time to do it anymore, so I started lending to all my competitors. I was providing the liquidity that your entrepreneurial real estate guys and girls can't get through a bank.

Hopefully, we make good decisions when pulling that in and leveraging the broad expertise that we have within our firm.Our business is all about getting out; hopefully, it's Form 1 or 2, not Form 3, which is foreclosure, bankruptcy and litigation. That's not very fun for either party, and we don't want to go there, but you have to be prepped for it.

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Here's how average bonuses are trending as 2022 draws to a close - Dallas Business JournalBonus season is coming, but there's a catch. Here's how average bonuses are trending in 2022.
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New projects in North Texas for December 11, 2022 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
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Loss of longtime DFW journalist Jake Dean felt by colleagues, community - Dallas Business JournalThe old adage claims a picture is worth a thousand words. In the case of Jake Dean, a thousand is not nearly enough.
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Plano staffing firm BGSF acquires Horn Solutions - Dallas Business JournalHorn has offices in Houston, Dallas and Austin and has areas of focus that include strategic finance, transactional accounting, business administration, and information technology.
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