(Save the date: RealShare L.A.comes to the Hyatt Regency Century Plaza in Los Angeles, CA on March 27, 2013)
LOS ANGELES-GlobeSt.com has exclusively learned that Brian Good, president and founder of Eagle Group LLC has formed Eagle Group Finance, a direct hard money lender that specializes in short-and long-term financing secured by commercial real estate assets located in California, Nevada and Arizona.
Good formed Eagle Finance after attempts to acquire another hard money lender fell through. The Eagle Group unit also will serve as a platform for the company to acquire performing and non-performing loans, loan portfolios and servicing companies in the Western US.
“There is a definite void in the marketplace that we are targeting,” says Good. “Borrowers are in need of debt that can close quickly on a non-recourse basis, for both short-term and long-term, something we call ‘softer hard money’ and we can provide that.”
The company is also actively negotiating with lenders to service their loan portfolios and/or acquire loan pools.
West L.A.-based Eagle Group, through its operating units also provides capital advisory services and placement of institutional real estate investment capital, third-party loan servicing and property management, and commercial real estate brokerage services. Prior to founding Eagle Group in 2000 Good was a real estate transactional attorney with Troy & Gould and then Kulik, Gottesman & Mouton, where he represented real estate investment trusts, publicly traded real estate companies, and high net worth individuals.