Velocity Mortgage Capital is pleased to announce the opening of its Austin, Texas, office that will service the Central Time Zone. Commercial mortgage industry veteran Stan Salter heads the office and serves as Velocity’s Regional Sales Manager.
Velocity Mortgage Capital announces the hiring of Michael Oddi as the firm’s Chief Marketing Officer. Oddi has more than 30 years of experience in brand development, advertising, creative, and media on the agency side.
Despite fluctuations in the marketplace, investors continue to seek financing that allows them to acquire property and make the improvements so they can either leverage their capital or enable them to do multiple projects at once.
Velocity Mortgage Capital has issued its 8th securitization, backed by $186 million of loans, as the company continues to take a leadership position in the growing investment property and small balance commercial real estate market. Kroll Bond Rating Agency