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Toorak Capital Partners Named Fastest Growing Company In New Jersey

Toorak Capital Partners, the largest capital provider to the private lending industry, proudly announces the firm has been recognized as the fastest growing company in NJBIZ’s 2019 Fast 50 ranking. The Fast 50 is an annual program celebrating the dynamic growth of New Jersey companies. Nominees are ranked by gross revenue increase from 2016-2018 using data reviewed by an independent auditor.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191114005697/en/

Toorak Capital Partners works with national and local lenders and has funded over $3.0 billion in small-balance real estate loans across the country. Toorak provides a variety of financing options including single family, multifamily and mixed-use bridge and term loans. These financing options allow small and mid-scale real estate entrepreneurs to renovate older housing stock, providing additional housing options in communities across the nation.

“We are thrilled to be included in NJBIZ’s Fast 50,” says John Beacham, CEO of Toorak Capital Partners. “We’re really proud of our role in addressing the nation’s housing shortage, including facilitating access to many affordable housing options. The capital that Toorak provides enables hardworking real estate entrepreneurs a rare opportunity to achieve wealth creation, regardless of education or background.”

Toorak Capital Partners’ impact on the housing market has been significant: since August 2016, the firm has funded over 10,000 loans in 46 states, including more than 2,000 in New Jersey. Those loans have been used to renovate or stabilize housing for more than 10,000 families – a rate of more than 500 families per month.

While Toorak Capital Partners has grown exponentially, the firm has responsibly maintained the highest possible credit standards across its entire portfolio. Toorak’s average loan to value ratio of 65% is substantially lower than industry averages which underscores its commitment to credit discipline. As a result, Toorak’s credit losses to date have been essentially zero.

“We’ve been successful because we’ve transformed how small real estate investors access the capital they need. It’s time intensive, hands-on work that requires an incredible amount of verification and due diligence, but it’s what sets Toorak apart. I am thankful to all of the dedicated members of the Toorak team that have made this possible,” adds Beacham.

About Toorak Capital Partners

Founded in 2016, Toorak Capital Partners is a leading investment manager dedicated to investing in small balance business purpose residential, multifamily and mixed-use loans throughout the U.S. and the United Kingdom. Headquartered in Summit, N.J., Toorak Capital Partners acquires loans from leading loan originators and manages all aspects of its investment portfolio, including loan sourcing, pricing, underwriting, acquisition, and asset management. The firm was the first to link small balance residential bridge loan originators with institutional capital. Toorak Capital Partner’s principals have a deep understanding of mortgage credit in the residential and commercial space with backgrounds in real estate lending, capital markets, securitization, asset-liability management, asset management and credit. Toorak-funded projects have renovated or stabilized housing for more than 10,000 families to date – an average of more than 500 families every month. Further information is available at www.toorakcapital.com.

Contacts:

Media
Mike Goodwin
mgoodwin@stantonprm.com
646-502-3595

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