Money360 Doubles Loan Portfolio, Exceeds $200 Million Mark - March 16, 2017

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Leading fintech company is on track to hit $500 million in commercial real estate loans by year-end
LADERA RANCH, CA--(Marketwired - March 16, 2017) - Money360, the leading commercial real estate marketplace lending platform, has doubled its portfolio in record time, having surpassed the $200 million mark this month in closed commercial real estate loans, the company announced today.

It took Money360 more than a year and a half to hit the $100 million mark, but less than six months to increase to $200 million, and by year-end, it expects to exceed $500 million in transactions.

"This is a time of phenomenal growth for our company," said Money360 Founder and CEO Evan Gentry. "We are seeing a rapid expansion of our loan portfolio and increasing interest from investors. But amidst this rapid growth, we remain committed to maintaining the highest standards of credit quality and being good stewards of the capital our investors have entrusted us to manage."

Last month, industry leader and Prosper Marketplace president Ron Suber joined Money360 as an investor and strategic advisor to help shape strategy and further accelerate the company's growth and positioning. Additionally, the company recently announced that one of its funds managed by Money360 affiliate, M360 Advisors, successfully registered with the South Korea Financial Supervisory Service. Earlier this year, Money360 also established two new regional divisions to support increasing demand in the Northeast and Northwest regions of the United States.

"The impressive growth of our platform shows that marketplace lending is a much-needed innovation that is filling a void in the commercial real estate industry," Gentry said. "Money360 is leveraging the benefits of technology and helping to meet the needs of a shifting landscape."

The $200 million milestone came on the heels of four recent loan closings totaling nearly $38 million. All of these loans represent a loan-to-value ratio of not more than 75 percent and include:

A $16.2 million bridge loan for a single-tenant, 71,132-square-foot office property constructed in 2006 located in Rosemont, Illinois. The building includes two hydraulic elevators, a central breakroom, executive suite, conference room, large meeting room, computer training room, fitness center and locker rooms with showers.

A $12.3 million bridge loan for a single-tenant suburban office property in Auburn Hills, Michigan. The 36-month loan enabled the borrower to take cash out for the purpose of purchasing additional investment property.

A $7.5 million bridge loan for two industrial buildings in Irvine, California. The loan provided a cushion of time for the purchase to transpire.

A $1.9 million permanent loan for an unanchored, 100-percent-leased retail property in Smyrna, Georgia. The 10-year loan places financing on an otherwise free and clear property, providing significant cash out for future commercial real estate acquisitions.

About Money360

Money360 is transforming commercial real estate finance into a fast, transparent and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Funds $3.25 Million Bridge Loan for Florida Office Complex - March 6, 2017

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LADERA RANCH, CA--(Marketwired - March 06, 2017) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided a $3.25 million bridge loan to the owner of the Regency Business Center, a four-building office property in Jacksonville, Florida.

The loan, secured by a first-lien deed of trust, allows the borrower to pay off a maturing, higher-interest-rate acquisition loan and buy out an existing partner's interest in the office complex with the intent to eventually sell the property. The 45,500-square-foot, multi-tenant suburban property, constructed in 1973, is in the midst of an extensive renovation that includes a new roof and HVAC, plumbing and replaced drain lines, drywall, carpeting and new paint.

The property is 97.4 percent occupied with units ranging from 97 square feet to 1,200 square feet. Money360's loan has a fixed rate and a 24-month term. The loan-to-value ratio on the transaction was 65%.

"Regency Business Center, with its recent upgrades and high occupancy rates, is an extremely viable investment," said Money360 founder and CEO Evan Gentry. "Money360's bridge loan allows the borrower to continue with his business plan without interruption or delay."

About Money360

Money360's vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Prosper Marketplace President and Industry Leader Ron Suber Invests in Money360 and Joins as Strategic Advisor - March 1, 2017

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LADERA RANCH, CA--(Marketwired - March 01, 2017) - Industry leader and Prosper Marketplace president Ron Suber has invested in Money360 and will serve as a strategic advisor to the company. Suber will help shape strategy and further accelerate Money360's growth and positioning as the leading commercial real estate marketplace lending platform.

Suber is a longtime leader in the fintech and financial services industries. Prior to joining Prosper in 2013, he served as Managing Director at Wells Fargo Securities. Previously, Suber served as the Head of Global Sales and Marketing and Senior Partner for Merlin Securities. He also served as President of Spectrum Global Fund Administration, and spent 14 years at Bear Stearns where he served as Senior Managing Director and Manager of Global Clearing Sales. He is a regular speaker at alternative finance conferences, is a keynote speaker at many conferences including the upcoming LendIt USA conference, and is one of the foremost advocates for the online lending industry.

"The desire for secured debt investments in U.S. commercial real estate assets from accredited investors and institutions around the world remains insatiable," Suber said. "The risk-adjusted returns and liquidity distributions provided by Money360 are among the most attractive in the asset class."

As a leading marketplace lender in the industry, Money360 has seen robust growth with record-breaking monthly loan origination volume, the establishment of two new regional divisions to support increasing demand in the Northeast and Northwest regions of the United States, and the registration by South Korea's Financial Supervisory Service of a commercial real estate debt fund managed by Money360-affiliate, M360 Advisors.

Money360 founder and CEO, Evan Gentry, said Suber has already been investing in Money360's loans and that he is a cultural and strategic fit for the company.

"Ron is the leading thought leader and voice for marketplace lending and the financial technology industry," Gentry said. "We are thrilled to officially bring him on board and gain access to his expertise and deep business network."

Suber joins other Money360 equity investors and advisors including Jon Barlow, former founder and CEO of Eaglewood Capital; John Maute, former co-founder of Helios AMC, senior managing director of Situs Holdings and a senior executive with GMAC Commercial Mortgage; and Hugh Ross, a former business executive with BP, Morgan Stanley and Glencore.

"I have enjoyed getting to know the management team and board of Money360 these past few years," Suber said. "Personally, as a debt investor in loans from Money360, I became familiar with the loan product, quality and institutionalization of the platform. The opportunity to become an investor at the company level and help advise the executive team to continued success is most exciting."

About Money360

Money360 is transforming commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360-affiliate M360 Advisors Successfully Registers Fund with South Korea Financial-Industry Regulator - February 13, 2017

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Registration with the Financial Supervisory Service clears the way for $250 million investment from longstanding South Korean financial institution

LADERA RANCH, CA--(Marketwired - February 13, 2017) - A commercial real estate debt fund managed by Money360-affiliate, M360 Advisors, successfully registered with the South Korea Financial Supervisory Service (FSS), Money360 announced today.

FSS registration allows South Korean hedge funds, corporations, pension funds, insurance companies and other institutional investors to participate in the fund. Since becoming registered, the fund has received more than $65 million to date from one of South Korea's oldest and largest financial institutions, and M360 anticipates receiving more than $250 million in aggregate throughout the first half of 2017.

"FSS registration opens M360 Advisors to an entirely new country of institutional investors, which will allow us to substantially increase our assets under management," said Evan Gentry, M360 Advisors CEO. "This gives us a considerable competitive advantage that has been heightened significantly with an anticipated $250 million investment in our fund from one of South Korea's most reputable financial institutions."

M360 Advisors currently works with foreign investors from South Korea, China, Singapore, South Africa, Europe, Canada, the Netherlands and Kuwait, with further expansion underway.

South Korea is the latest in the company's strategic business plan to bolster its global reach, with an intensified push into South Africa and China planned in the near future.

The fund provides investors with a short-duration, high-yield fixed-income alternative to traditional fixed-income investments. The fund invests in bridge loans collateralized by U.S. commercial real estate property secured with a first-priority lien at conservative loan-to-value ratios.

Gentry said the level of scrutiny going into the application process for FSS registration is high, and Money360 is one of the only marketplace lending platforms with an affiliated private debt fund to be sanctioned by the FSS.

"The registration of the fund with the FSS speaks to its institutional caliber," Gentry added.

"The fund was designed for universal appeal to various types of investors throughout the world with significant consideration given to international tax efficiency," added Money360 COO and M360 Advisors President Dan Vetter.

Vetter cited the extended period of low interest rates throughout the world caused by unprecedented central bank intervention as an impetus for launching the fund.

"Equity markets are overvalued and traditional fixed income investments offer minimal yield, making this type of private debt fund attractive relative to more traditional asset classes," he added.

Financial Advisor

Pi Capital International LLC serves as exclusive financial advisor to Money360 with respect to Korean investors in the fund.

Disclaimer

This press release does not constitute an advertisement, solicitation, or an offer to buy any security or instrument or to participate in any trading strategy. No representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on, any rankings, valuations, forecasts, targets, estimates, opinions or projections contained in this release.
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Money360 Funds $8.3 Million Bridge Loan for Illinois Retail Center - February 01, 2017

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LADERA RANCH, CA--(Marketwired - February 01, 2017) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided a bridge loan to the owner of a retail center in Jacksonville, Illinois.

Money360's $8.3 million loan allowed the borrower to pay off a maturing loan on the Lincoln Square center, a 206,257-square-foot anchored retail property that is currently 82 percent occupied by a combination of 29 national and regional tenants. The center was built in 1964 with renovations in 1992 and 1994 that upgraded the façade and made other improvements. It is located within a major retail area with several national outlets nearby. The borrower has owned the property since 1981.

Money360's interest-only loan has a fixed rate and a 12-month term. The loan-to-value ratio on the transaction was 74.6%.

"The borrower on this loan was facing loan maturity," said Money360 founder and CEO, Evan Gentry. "The Lincoln Square center is a viable investment, and our bridge loan enables the owner to continue to do business until permanent financing is secured or the center is sold."

About Money360

Money360's vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans . Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Responds to Robust Regional Growth, Hires New Directors - January 24, 2017

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Commercial real estate veterans David Christensen and Kenneth Wood to oversee Northwestern and Northeastern United States markets

LADERA RANCH, CA--(Marketwired - January 24, 2017) - Facing a year of consistent growth with record-breaking monthly transactions under its belt, Money360, the leading commercial real estate online marketplace lending platform, has enhanced its origination team with two new hires to direct recently created company divisions and support increasing demand in the Northeast and Northwest regions of the United States.

Longtime banking and commercial mortgage executive David Christensen brings more than 30 years of industry experience to spearhead Money360's new Northwest region, and will be based out of San Francisco, Calif. Veteran commercial real estate finance expert Kenneth Wood will head up the company's new Northeast region based in Stamford, Conn. In their new roles, Christensen and Wood will be responsible for enhancing the growth of their respective regions, maintaining and building relationships within the broker and borrower community, and elevating Money360's brand among key audiences.

"We saw tremendous gains in the latter part of 2016, and the momentum continues to mount," said Money360 President Gary Bechtel. "David's and Ken's impressive credentials, deep understanding of local markets, and extensive industry contacts will help us meet the demands of our growing portfolio, and we're proud to welcome them to the Money360 team."

Increasing deal flow in 2016 and projections of robust growth in 2017 have prompted Money360 to launch new divisions that will drive new loan transactions and investment opportunities in the coming year. Recently, Money360 closed a record-breaking month of $35 million in loans completed in December. The company anticipates passing the $200 million mark for its total portfolio in early 2017.

Christensen previously was vice president of Berkadia Commercial Mortgage LLC, where he established and enhanced the commercial debt placement for commercial property loans in Northern California. Prior to that, he held executive positions at Cassidy Turley, Grubb & Ellis Company, Jones Lang La Salle and HSH NordBank. He holds a Bachelor of Science in business administration from Chapman University and has studied advanced real estate finance at the University of California, Irvine. He is a member of CCIM, NAIOP, CMBA, ICSC and BOMA.

"To join Money360 at the cusp of what will be an exciting period of expansion for the company is an honor," Christensen said. "Growth like this is the direct result of adding proven value to clients while delivering superior results."

Wood brings nearly 30 years of industry experience spanning all facets of commercial real estate. He has managed individual loans of up to $50 million and averages close to $100 million in loans annually. He has served in executive management and leadership roles for MC-Five Mile Capital, Patriot National Bank, Hometown Commercial Capital and Impac. He is a certified general appraiser, a former zoning commissioner for the City of Norwalk, Connecticut, and holds a Bachelor of Science in finance from Sacred Heart University.

"Marketplace lending is revolutionizing the commercial real estate industry by providing borrowers with timely access to the capital they need to keep their investments moving forward," Wood said. "I am eager to be on the cutting edge of this field with Money360, and look forward to being a part of the company's growth."

About Money360

Money360's vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Funds $3.87 Million Loan for Retail Center Acquisition - January 16, 2017

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LADERA RANCH, CA--(Marketwired - January 16, 2017) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing to a commercial property owner to purchase a fully leased retail center in Mobile, Alabama.

The $3,865,000, five-year loan is secured by the 1.61-acre, 16,710-square-foot Airport Boulevard Shops shopping center, which is 100% leased to four tenants: MovieStop, GameStop, FedEx Office and Panera Brea. The center was constructed in 2004 in the heart of Mobile's dominant retail corridor, commonly referred to as the "Miracle Mile."

The loan is fixed for 5 years at 4.125% interest with a loan-to-purchase ratio of 75%. The highly experienced borrower, with properties throughout the United States, is under contract to acquire the property for $5.15 million.

"This transaction featured a highly experienced borrower purchasing a retail center in a very strong trade area with many other national tenants," said Money360 founder and CEO Evan Gentry. "Our loan allowed the borrower to acquire the property and add it to an already impressive portfolio of retail outlets all over the U.S."

About Money360

Money360's vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Closes Record $35.6 Million in Loans in December - January 9, 2017

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Steady Growth in Loan Fundings Culminates with a Monthly Best for the Commercial Real Estate Marketplace Lending Platform

LADERA RANCH, CA--(Marketwired - January 09, 2017) - Money360, the leading commercial real estate marketplace lending platform, announced today that it closed a record $35.6 million in commercial real estate loans in December 2016 -- the result of ongoing growth of the company.

December's transactions reflect short-term bridge loans for a mix of property types, including retail, office and industrial in California, Florida and Illinois. A total of five properties were financed including a one-story suburban office building in Irvine, California; a three-building industrial complex in Richmond, California; a seven-building anchored retail property in Orlando, Florida; a three-story suburban office building in Palm Harbor, Florida; and a three-story office property in Rosemont, Illinois.

"Money360 continues to gain traction in the marketplace lending industry," said Founder and CEO Evan Gentry. "Given our current trajectory, we anticipate 2017 to be a banner year with the solid performance of our platform reflecting a heightened demand on the part of both borrowers and investors in the commercial real estate space."

December's loans were for terms of between one and two years, and all were collateralized with a first-lien positions on the properties. They include:

  • - Irvine, California: $5.4 Million to Refinance an Office Property Currently Being Re-entitled for Multifamily Development:Money360 provided a 12-month, $5.4 million bridge loan to the owner of a one-story, suburban office building to pay off two maturing loans, taxes and to provide cash out to afford the borrower sufficient time to continue processing land entitlements for a 45-unit condominium project planned on the site. The borrower brought in equity of $548,000 to close with a loan-to-value of 75 percent.
  • - Richmond, California: $5.7 Million to Purchase a Three-Building Industrial Complex: Money360 provided a $5.7 million 24-month bridge loan to allow the borrower to purchase Adel Park, consisting of three contiguous industrial buildings containing a total of 159,156 square feet. The borrower was processing an SBA loan, but due to a hard closing date, opted for the bridge loan to consummate the purchase.
  • - Orlando, Florida: $9.53 Million to Refinance a Seven-Building Anchored Retail Property: Money360 provided $9.53 million in bridge financing to pay off two current maturing loans and to finance tenant improvements and leasing commissions associated with re-tenanting the anchor space. The first-lien mortgage loan has a term of 24 months, with a loan-to-value ratio of 73.9 percent.
  • - Palm Harbor, Florida: $2.5 Million to Refinance a Three-Story Office Building: Money360 provided a $2.5 million bridge loan to pay off a maturing CMBS loan for the three-story Palm Harbor office building in Palm Harbor, Florida. The first mortgage loan is for a term of 24 months with a loan-to-value ratio of 71.43 percent. The subject property is 84.6 percent occupied and professionally managed.
  • - Rosemont, Illinois: $12.5 Million to Refinance a Suburban Office Property: Money360 provided a $12.5 million bridge loan for a single-tenant, suburban property in Rosemont, Illinois, allowing the borrower to pay off a maturing loan and buy out existing partners. The 24-month loan is secured by 71,132 square foot property, broken down as 60,207 square feet of office space and 10,925 square feet of warehouse space.

About Money360
Money360's vision is to transform commercial real estate finance into a fast, transparent, and reliable marketplace for borrowers and investors. Money360 is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Funds $1.848 Million Bridge Loan for Hospitality Property - December 12, 2016

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LADERA RANCH, CA--(Marketwired - December 12, 2016) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing to a commercial property owner for the value-add renovation of a full-service boutique hotel to enable the hotel's affiliation with the flagged hospitality brand, Ascend Collection Hotels.

The $1.848 million bridge loan is secured by a 67-room hotel with an indoor pool, ballroom, restaurant, fitness center, and bar and tavern. The hotel, located in upscale Aurora, Ohio, has served as a marquee property in the community since its opening in 1927.

Positioned on 3.1 acres, the property has already seen significant benefit from the implementation of the strategic renovation plan, with average room rates increasing by 30 percent as a result of the initial improvements. Loan proceeds will fund the remainder of the renovations, including additional updates to the rooms, corridors, spa and restaurant, expansion of common areas and lounges, improved landscaping, and the creation of an outdoor event space.

"The Money360 team is always looking for deals that not only align well with our goals, but also help to improve the commercial real estate assets in the communities in which the deals are located," said Money360 founder and CEO Evan Gentry. "This transaction aligned well with that mission and our loan criteria, as the borrower had already invested a substantial amount of capital into the property and had an excellent track record in owning hospitality properties."

The two-year loan has a fixed rate (interest only) with recourse to the sponsor.

About Money360

Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income- producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Closes $1.9 Million Permanent Loan for Ohio Property - December 05, 2016

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LADERA RANCH, CA--(Marketwired - December 05, 2016) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing for a single-tenant retail building located in Dayton, Ohio.

The building, which is currently 100 percent leased to Panera Bread, is located next to the Dayton Mall and within a heavily retail-based area with tenants such as Sears, Macy's, J.C. Penney, DSW, Office Depot, Best Buy and TJ Maxx, among others.

The $1.9 million permanent loan allowed the borrower to recoup capital previously utilized in the acquisition of the property. Additionally, the longer loan term and prepayment structure outlined in the deal provided necessary flexibility in the financing.

"Borrowers that need flexibility in the structures of their transactions continue to seek out Money360 to get their deals done," said Money360 president Gary Bechtel. "We were drawn to this transaction because of the property's strong real estate fundamentals and its occupancy by a nationally-known brand."

The recourse loan is fixed for five years at an interest rate of 4.500%, utilizing a 25-year amortization schedule and a declining pre-payment penalty.

About Money360

Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Closes $10.5 Million Bridge Loan for Signal Hill, California, Property - November 28, 2016

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LADERA RANCH, CA--(Marketwired - November 28, 2016) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided a $10.5 million bridge loan for a fully occupied, single-tenant suburban office complex in the Southern California coastal community of Signal Hill, California.

Totaling 72,485 square feet, the 3.7-acre complex features three, three-story buildings connected by steel-framed pedestrian bridges in a campus-like setting that surrounds an attractive water feature. The complex has been fully built out for classroom and administrative office use and is currently leased by an established private university providing post-secondary education in pharmaceutical, nursing and clinical research studies.

"This was an attractive investment for several reasons," said Money360 President Gary Bechtel. "First, this property is in a prime location. Secondly, the operator has an accomplished track record of success, and there is great potential to reuse the property in the event that the tenant vacates. Together, these factors create an attractive opportunity for us and our investors."

The $10.5 million bridge loan is fixed at 10.5% for 24 months, with a loan-to-value ratio of 67.4%.

About Money360

Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Completes $2.45 Million Bridge Loan for Multifamily Property - October 25, 2016

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LADERA RANCH, CA--(Marketwired - October 25, 2016) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing to a commercial property owner to pay off a maturing first mortgage with defaulted real estate taxes and to fund recently completed property renovations.

The $2,450,000 bridge loan is secured by 120-unit, low-rise multifamily property in Kansas City, Missouri.

"The Money360 team has extensive experience in developing creative solutions to meet borrowers' needs and timelines," said Money360 founder and CEO Evan Gentry. "Due to the complexities involved with this transaction, it required a tailor-made solution. Money360 was able to meet the borrower's needs in a timely manner and provided the certainty of execution needed in a time of transition." The recourse loan is fixed for one year at an interest rate of 11.50%, on an interest-only basis.

About Money360
Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Funds Bridge Loan for Acquisition of Illinois Retail Property - October 17, 2016

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LADERA RANCH, CA--(Marketwired - October 17, 2016) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided an $800,000 bridge loan for the acquisition of a newly-constructed, single-tenant retail building, located in Raymond, Illinois.

Faced with an impending 1031-exchange deadline, the borrower secured a loan through Money360 and was able to close on time and avoid tax penalties. "Borrowers looking for assistance in completing 1031-exchanges need certainty of execution. Our team has extensive experience in working with borrowers to complete their transactions effectively and efficiently," said Money360 founder and CEO Evan Gentry. "We were drawn to this transaction not only because of property's condition and the favorable loan-to-value ratio, but also because we knew our team could meet the borrower's timeline needs. The retail location was recently constructed and already occupied by a national tenant, creating strong fundamentals for the transaction."

The recourse loan is fixed for two years at an interest rate of 10.00%, on an interest-only basis.

About Money360
Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Closes $6 Million Permanent Loan for Texas Property - October 10, 2016

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LADERA RANCH, Calif. – October 10, 2016 – Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing for the refinancing of a single-tenant industrial building, located in Bryan, Texas.

The $6 million permanent loan allowed the borrower to pay off a higher interest rate loan, and provides approximately $500,000 of cash out that was used to fund capital leasehold improvements that were made as a part of a new lease for a national tenant which recently took occupancy.

“We have continued to see a trend of borrowers in need of financing that will refinance maturing loans or those with higher interest rates, as well as provide capital to fund property improvements or additional capital reserves,” said Money360 president Gary Bechtel. “This transaction fit well within our criteria because the borrower had already invested a substantial amount of their own capital into the property and has a long history of effective ownership, management and property maintenance.”

The recourse loan is fixed for five years at an interest rate of 4.375%, utilizing a twenty-five- year amortization schedule, and no prepayment penalty.

About Money360
Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Completes $8.5 Million Bridge Loan for Refinancing of South Carolina Property - October 3, 2016

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LADERA RANCH, CA--(Marketwired - October 03, 2016) - Money360, the leading commercial real estate marketplace lending platform, announced today that it has provided financing to a commercial property owner to extinguish a maturing loan while providing cash out for the buildout of space for the tenant.

The $8.5 million bridge loan allowed the borrower to pay off a maturing seller-financed loan, which was at a higher interest rate, and provides approximately $4.8 million cash out for the impending near-term buildout of additional classroom and facility space for the tenant, a K-12 charter school in Spartanburg, South Carolina.

"This transaction reflects a scenario typical for many commercial property owners who are facing loan maturation and have been squeezed out of the traditional CMBS market," said Money360 founder and CEO Evan Gentry. "We were drawn to this transaction because the borrowers had already invested a substantial amount of their own capital into the property and had an excellent track record in developing this property type."

The new loan term is fixed for two years, includes an interest-only payment, and has a limited prepayment penalty.

About Money360
Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Exceeds $100 Million Mark in Closed Commercial Real Estate Loans - August 10, 2016

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Money360 Exceeds $100 Million Mark in Closed Commercial Real Estate Loans
Contractions in CMBS market fuel company growth, spur development of additional regional lending teams

LADERA RANCH, Calif. – August 10, 2016 – Money360, the leading commercial real estate marketplace lending platform, announced today that it has surpassed the $100 million mark in closed commercial real estate loans with the completion of $15.25 million in recently closed loans that reflect the escalating growth of the marketplace lender’s portfolio.

Much of the company’s recent growth, according to Money360 founder and CEO Evan Gentry, stems from a contraction of the commercial mortgage-backed securities (CMBS) market. Money360 has seen more than a 100 percent increase in applications from borrowers turned down by bank and CMBS institutions as a result of increased regulations.

“The continued growth of our lending platform is a testament to the marketplace’s need for non-bank and alternative lenders to fill the void left by banks and the contracting and shifting CMBS market,” Gentry said. “Leveraging technology and our team’s considerable market experience, we continue to disrupt the traditional lending market and demonstrate our ability to source and close quality commercial real estate (CRE) loans.”

To stay ahead of that growth, Money360 has developed regional lending teams, most recently bolstering its Boca Raton division with the hire of Greg E. Schecher as director for the southern region. Schecher brings more than 20 years of commercial real estate experience to his role, having originated and closed more than $1.1 billion in commercial real estate loans over the course of his decorated career.

Money360’s recent transactions, totaling $15.25 million, include a bridge loan for the acquisition of a multifamily property in Tucson, Arizona; a bridge loan for the renovation of a full-service boutique hotel in Aurora, Ohio; cash-out permanent financing for a single-tenant retail building in Dayton, Ohio; and a bridge loan for the refinance of an anchored shopping center containing 206,257 square feet of rentable area in Jacksonville, Illinois.

Tucson, Arizona: Acquisition of 70-Unit Multifamily Apartment Complex
Money360 provided $3.2 million in bridge financing for the acquisition of the Desert Cove Apartments, a Class B multifamily property located on North Alveron Way in Tucson, Arizona. The first trust deed loan has a three-year term, and is interest-only with additional collateral pledged to secure trust deed investors in order to provide the borrowers with the equity to acquire the subject property with a 100 percent loan-to-purchase price.

Aurora, Ohio: Renovation of Full-Service Boutique Hotel
Money360 provided $1.85 million in bridge financing to renovate the 67-room Aurora Inn hotel located on Shawnee Trail in Aurora, Ohio. The hotel includes an indoor pool, ballroom/banquet hall and fitness center. The two-year loan is fixed on an interest-only basis, allowing the borrower to renovate the property and increase revenue and value.

Dayton, Ohio: Cash-Out Permanent Financing of Single-Tenant Retail Building
Money360 provided $1.9 million cash-out permanent financing for a single-tenant retail building currently occupied by a Panera Bread restaurant. The first trust deed loan is fixed for five years at 4.5 percent, with a rate reset for an additional five years, with an amortization schedule of 25 years. The cash-out refinancing allowed the borrower to recoup capital previously utilized in the acquisition of the property, located on Miamisburg Centerville Road in Dayton, Ohio.

Jacksonville, Illinois: Refinance Bridge Loan for Anchored Shopping Center
Money360 provided an $8.3 million bridge loan for an anchored shopping center containing 206,257 square feet of net rentable area. The center is anchored by JC Penney, Goody’s and Dollar Tree, as well as numerous national and local tenants. The financing allowed the borrower to refinance a maturing CMBS loan while continuing to work on longer term financing.

About Money360
Money360, Inc. is a direct lender that offers borrowers speed, convenience and reasonable terms on small- to mid-balance commercial real estate loans. Money360 operates a marketplace lending platform that caters to institutional and accredited retail investors, providing direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of institutional and accredited retail investors. Borrowers and lenders (investors) can register at www.money360.com.
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Money360 Continues Corporate Growth With Addition of General Counsel and Loan Development Team - April 12, 2016

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Hires Integral to Supporting Scalability and Increased Loan Production
LADERA RANCH, CA--(Marketwired - April 12, 2016) - Money360, the leading commercial real estate online marketplace lending platform, today announced the hiring of Alexander Vellandi, a legal expert with nearly 20 years of experience in real estate law, as general counsel. The firm also expanded its lending operations with the addition of John Gaz as director of asset management, David Fay as underwriter, Mira Johnson as loan processor, and Cameron Hall as loan analyst. The new hires are integral to realizing the company's ongoing growth goals and creating operational scalability.

As general counsel and the newest member of the senior leadership team, Vellandi brings significant experience in real estate finance, litigation, employment and general contract law. In his role, Vellandi will be responsible for all legal aspects of Money360's corporate and business operations. Prior to Money360, he served as in-house legal counsel for Sabal Financial Group, L.P., where he advised on corporate, lending and due diligence matters. In addition, Vellandi has held various positions at Triple Net Properties, LLC; Allen, Matkins, Leck, Gamble & Mallory, LLP; and Sheppard, Mullin, Richter & Hampton, LLP. Vellandi earned his Juris Doctorate from the University of California, Los Angeles, and his Bachelor of Arts from the University of California, Irvine.

"As with all the members of our senior team, possessing core real estate expertise was vital, and Alex has spent two decades providing legal counsel in our sector," said Evan Gentry, CEO and founder of Money360. "Part of making our technology offering as easy to use as possible for our investors and borrowers is anticipating and solving the sometimes complex legal parameters surrounding our investment, and Alex will play a key role in navigating those issues on behalf of our clients."

Gaz brings more than 20 years of commercial real estate loan asset management and underwriting experience to his role as director of asset management. Prior to joining Money360, Gaz served as managing director at Gaz & Associates, his commercial real estate consultation firm with specialization in loan due diligence and analysis. He received his Master of Business Administration from the University of California, Irvine, and his Bachelor of Science in small business management and entrepreneurship from the University of Colorado, Boulder.

"John's extensive experience in loan portfolio management, loan workouts, property management and underwriting will improve our ability to evaluate and close quality loans and effectively manage and monitor our growing loan portfolio," said Gary Bechtel, president of Money360.

The addition of Fay, Johnson and Hall will further strengthen Money360's back office operations. Fay, a seasoned veteran of the commercial real estate industry, has significant experience in underwriting and loan origination. Previously serving as senior credit officer at ReadyCap Commercial, he earned a degree in finance from California State University, Fullerton, and a degree in business administration and real estate from Fullerton College.

A banking professional with more than 20 years of experience in commercial loan processing, funding and closing, Johnson will serve as loan processor at Money360. Prior to her current role, she served as a commercial loan closer/funder at ReadyCap Commercial. She earned a Bachelor of Arts in business and economics from the University of Zagreb in Croatia.

Hall brings more than a decade of commercial real estate expertise to his loan analyst role. Most recently, he served as vice president at CBRE where he focused on the sale and leasing of commercial properties. Hall received his Bachelor of Arts in communications from Chapman University.

"Together, David, Mira and Cameron will further accelerate our underwriting capabilities and close higher volumes of deals. Their collective expertise gives our team a big leg up in creating a strong deal pipeline in the marketplace," added Bechtel.

About Money360

Money360 (www.money360.com) is an online marketplace lender, matching commercial real estate borrowers with institutional and accredited private investors nationwide. Money360's team of commercial real estate experts originates, underwrites, and services all the loans. Borrowers and lenders (investors) can apply at www.money360.com.
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Money360 Adds Two Senior Leaders to Further Strengthen Expansion of Its Online Marketplace Platform - March 1, 2016

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Marketwired.com, March 1, 2016

Money360 Adds Two Senior Leaders to Further Strengthen Expansion of Its Online Marketplace Platform

Prathit Thaker Joins as Chief Risk Officer and Peter Margolin as Midwest Regional Director; Hires Key to Enterprise Scalability and Doubling of Nationwide Operations

LADERA RANCH, CA--(Marketwired - March 01, 2016) - Money360, Inc. (money360.com), the leading commercial real estate online marketplace lending platform, today announced the hiring of two senior leadership positions to further strengthen the expansion of its online marketplace lending platform. Prathit V. Thaker joined as Chief Risk Officer, and Peter J. Margolin as Midwest Regional Director. Both hires are key to promoting the enterprise scalability of the platform, realizing the company's plans to double its nationwide operations this year.

Thaker brings more than 20 years of commercial real estate finance experience, specializing in the design of credit risk frameworks and underwriting analysis on small business administration (SBA) and complex commercial real estate loans. Margolin has more than 25 years of experience in the commercial real estate industry and a proven track record of closing deals.

"Highly experienced commercial real estate experts are the backbone of our team -- Prathit and Peter further strengthen it," said Evan Gentry, CEO and founder of Money360. "As we scale our operations to tap into the $3 trillion market opportunity in commercial real estate, it is critical that we bring to bear the type of deep experience in complex credit risk, underwriting and business development that Prathit and Peter offer, respectively."

As Chief Risk Officer and the newest member of the leadership team, Thaker will be responsible for the enterprise risk framework to assess and mitigate credit, market, operations, competitive and regulatory risks for the company. Prior to Money360, he was a credit risk and real estate finance consultant, where he helped build innovative credit risk frameworks, underwriting policy and procedures and credit risk models for a national real estate lender. At Rabobank, N.A., he was in charge of credit risk management of more than $1 billion of loan portfolios of two failed banks acquired from the FDIC through risk-sharing deal structures. In addition, Thaker has held various positions at Lehman Brothers, the FDIC, Hometown Commercial Capital, Bridger Commercial Funding, Ariba, Buildfolio.com and Bear, Stearns & Co. Inc. Thaker earned his Master of Public Administration from The Kennedy School at Harvard University. Additionally, he earned his Master of Architecture and Master of City Planning from the University of Pennsylvania.

"Prathit's proven track record in creating innovative risk frameworks, risk models and assigning risk ratings will improve on the efficiencies of our current underwriting process and thereby help us close more transactions," said Gary Bechtel, president of Money360.

Margolin's role as Midwest Regional Director will be focused on the origination of loan opportunities, helping to grow the firm's deal pipeline. Prior to his position with Money360, Margolin most recently held the role of vice president at PennyMac Commercial Real Estate Finance, where he opened the first office for PennyMac CREF in the Midwest. Over the course of this career, Margolin has originated more than $900 million in commercial real estate mortgages. Prior to PennyMac CREF, Margolin held roles at Centerline Capital Group/Hunt Mortgage Group; Arbor Commercial Mortgage, LLC; LaSalle Bank, N.A.; J.P. Morgan Mortgage Capital, LLC; and Bridger Commercial Funding, LLC. Margolin earned his Master of Science in Real Estate from the University of Wisconsin's Madison School of Business. He earned his Bachelor of Arts in Political Science from the University of Wisconsin.

"Peter's regional network of contacts, ability to close deals and experience in successfully opening new offices are tremendous advantages for us, and will dramatically help us accelerate our operations in the Midwest," added Bechtel.

In related news, Money360 recently announced the company closed more than $56 million in commercial real estate loans in 2015 and, since its launch in the fall of 2014, closed more than $67 million to date.

About Money360, Inc.
Money360 (www.money360.com) is an online marketplace lender, matching commercial real estate borrowers with institutional and accredited private investors nationwide. Money360's team of commercial real estate experts originates, underwrites, and services all the loans. Borrowers and lenders (investors) can apply at money360.com. (www.money360.com).

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Money360 Announces New Strategic Relationship and Fund Opportunities for Investor Participation in Commercial Real Estate Marketplace Lending - February 8, 2016

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Marketwired.com, February 8, 2016

Money360 Announces New Strategic Relationship and Fund Opportunities for Investor Participation in Commercial Real Estate Marketplace Lending

Year Capped by Diversified Range of Deals Across the U.S.; Sets Stage for Promising 2016

LADERA RANCH, CA--(Marketwired - February 08, 2016) Money360, Inc. (money360.com), the leading commercial real estate online marketplace lending platform, today announced a strategic relationship with Millennium Alternative Investment Network™ (MAIN), an efficient end-to-end solution that offers investors access to an increasing range of alternative investments.

Starting this year, accredited investors will be able to access Money360's online platform through MAIN, which will allow investors to easily open and fund an alternative investment account online.

"MAIN provides Millennium Trust's large base of clients and advisors with a simple online method of opening an account to hold investments in private placements and private debt offerings available through Money360," said Dan Vetter, Chief Operating Officer of Money360. "MAIN enables financial advisors to easily diversify investment opportunities for their clients by investing in loans secured by income-producing commercial real estate in the $3 trillion commercial real estate sector."

In addition to selling individual loans, Money360 manages diversified investment funds on behalf of accredited investors, including a private mortgage fund that the company launched at the beginning of 2016.

"Through Money360, investors can develop portfolios that carry varying levels of risk on a diversified basis, both geographically as well as from an asset class standpoint. As a result, they can benefit from the diversification of a fund or enjoy the transparency and detail of a single asset," said Laura Catalino, senior vice president of investor relations for Money360. "We're excited about the addition of two new investment avenues, as they will provide investors with increased opportunities for participation on the platform."

Money360 offers investors direct access to high-yield debt investment opportunities collateralized by professionally valued commercial real estate. Because each of the loans is secured in first-lien position, the investment is protected against borrowers who stop payment or do not meet other terms of the loan agreement, providing a higher level of protection for investors.

For more information about Money360's investment opportunities, contact its Investor Relations Department at (949) 528-3610.

About Money360, Inc.
Money360 (www.money360.com) is a marketplace lending platform that specializes in commercial real estate loans. Money360 offers borrowers speed, convenience and reasonable terms while offering accredited investors direct access to secured commercial real estate loans. Investors range from high-net-worth individuals to institutional investors seeking better risk-adjusted returns than those offered by traditional investment vehicles. Welcome to marketplace lending powered by human fin-telligence. For more information, visit money360.com. (www.money360.com).

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Money360 Closes $56 Million in Commercial Real Estate Loans in 2015 - January 26, 2016

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Marketwired.com, January 26, 2016

Money360 Closes $56 Million in Commercial Real Estate Loans in 2015

Year Capped by Diversified Range of Deals Across the U.S.; Sets Stage for Promising 2016

LADERA RANCH, CA--(Marketwired - January 26, 2016) Money360, Inc. (money360.com), the leading commercial real estate online marketplace lending platform, today announced 2015’s results of more than $56 million in closed commercial real estate loans. The firm provided debt-transaction deals across the United States for multifamily, retail, industrial, hospitality and office properties. After launching in the fall of 2014 and closing out that year with $11.5 million in deals closed, 2015’s transactions reflect an increase in momentum by more than quadrupling the total amount of deals closed compared to 2014.

“As our first full year in operations in originating loans, 2015 was a strong expansion year for us. We struck deals across the country, and it sets the stage for an even stronger 2016,” said Evan Gentry, CEO and founder of Money360. “Our deal volume continues to pick up, reflecting the growth of online marketplace lending in the $3 trillion commercial real estate industry.”

Money360’s deals represent a diversified range of transactions across the United States with closings in California, Florida, Illinois, Indiana and Montana. A sampling of deals closed in 2015 includes the following:

  • In California, Money360 facilitated a loan of $16.6 million for an office property in Sacramento; a $9.7 million loan for an office property in Burbank; and provided a $3.1 million loan in Palm Desert.
  • In Florida, Money360 provided a loan of $8.7 million for hospitality properties in Orlando and Kissimmee, and provided a loan of $1.6 million for a Jacksonville industrial property.
  • In Illinois, Money360 provided a loan of $6.7 million for an office property in Lombard and $1.1 million loan for a multifamily property in the City of Normal.
  • In Indiana, Money360 facilitated a loan of $4.7 million for an Indianapolis-based retail property.
  • In Montana, Money360 provided a loan of $2.9 million for a multifamily property.

Since its launch in the fall of 2014, Money360 has closed more than $67 million to-date in commercial real estate term loans across the United States.

“Our operations in 2016 will be focused on expanding our commercial real estate loan programs and we will continue to expand our technology platform, origination capabilities and back office personnel,” said Gary Bechtel, president of Money360. “We are setting ourselves up to make Money360 the number-one marketplace lender and preferred online financing source for both borrowers and investors in the commercial real estate finance industry.”

“We’re excited by the opportunities that exist across the U.S. for our marketplace lending platform and extending our financing reach in 2016,” added Gentry. “Ultimately, it will greatly benefit our investors to have a wide variety of lending options from which to choose.”

In related news, Money360 recently announced the appointment of John Maute, co?founder of Helios AMC, and Jon Barlow, founder and former CEO of Eaglewood Capital Management, to its Board of Directors. Maute and Barlow were the sole funders of Money360’s recent $2.5 million Series A capital raise. The Series A capital raise will help the company build out infrastructure and contribute to its continued national growth.

About Money360, Inc.
Money360 (www.money360.com) is an online marketplace lender, matching commercial real estate borrowers with institutional and accredited private investors nationwide. Money360’s team of commercial real estate experts originates, underwrites, and services all the loans. Borrowers and lenders (investors) can apply at (www.money360.com).


CONTACT INFORMATION

Contact:
Meghan Webb | Tiffany Trias
IDEA HALL
714-263-8725 | 714-263-8748
meghan@ideahall.com | tiffany@ideahall.com

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Money360 Adds Industry Veterans John Maute and Jonathan Barlow to Board of Directors - December 14, 2015

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Marketwired.com, December 14, 2015

Money360 Adds Industry Veterans John Maute and Jonathan Barlow to Board of Directors

Firm Completes $2.5M Series A Capital Raise to Fund Growth in Commercial Real Estate Marketplace Lending

LADERA RANCH, CA--(Marketwired - December 14, 2015) Money360, Inc. (money360.com), the leading commercial real estate online marketplace lending platform, today announces the appointment of John Maute, co-founder of Helios AMC, and Jon Barlow, founder and former CEO of Eaglewood Capital Management, to its Board of Directors. In addition to their appointments, Maute and Barlow were the sole funders of Money360's recent $2.5 million Series A capital raise, which will help the firm to build out infrastructure and grow nationally.

"We recognize the need to bring a scalable marketplace lending operation to the commercial real estate industry," said Evan Gentry, CEO and founder of Money360. "Our model is based on providing both a state-of-the-art technology solution, and having a team comprised of commercial real estate experts who can apply their knowledge and experience to each deal we fund. We are thrilled to add John's and Jon's institutional knowledge to our operation."

Maute, a real estate professional with more than 30 years of experience, previously served as senior managing director at Situs Holdings (formerly Helios AMC), prior to its sale to Stone Point Capital. He co-founded Helios AMC, a nationally recognized and highly-rated special servicing company, which he grew to more than $4 billion of assets under management. Maute also held senior positions at GMAC Commercial Mortgage where he built, bought and grew six distressed commercial real estate investment companies in five countries. An expert in developing best practice operational controls, Maute will be instrumental in helping Money360 to build-out and institutionalize its back-end operations.

"Marketplace lending is still a relatively young industry, and Money360 is well-positioned to capitalize on it," said Maute. "While having a strong technology base is imperative in this industry, it is only one piece of the puzzle in the real estate sector. The Money360 team not only has the technology necessary to succeed, but also has significant experience in building thriving commercial real estate enterprises."

Barlow brings nearly a decade of experience in marketplace lending -- a practice which utilizes online platforms to match borrowers and lenders -- to his role with Money360. Previously, Barlow founded and served as CEO of Eaglewood Capital Management, a leading asset management firm with specialization in online and marketplace lending investment strategies. He also assisted with the successful initial public offering of P2P Global Investments, the world's first publicly traded peer-to-peer debt investment vehicle. A Wall Street veteran, Barlow has held positions with Weiss Multi-Strategy Advisers, Lehman Brothers and J.P. Morgan.

"We have seen a surge in marketplace lending across a range of sectors and yet the commercial real estate industry, which is one of the largest lending sectors in the country, remains largely untapped in this arena," said Barlow. "Money360 has assembled a seasoned team of commercial real estate experts who understand the underwriting and due diligence process to lay the foundation to achieve scale in this industry."

This announcement comes at a time of continued growth for the company. Recently, Money360 named commercial real estate veteran Gary Bechtel as president, with Dan Vetter, co-founder of Money360, assuming the role of chief operating officer.

About Money360, Inc.
Money360 (www.money360.com) is an online marketplace lender, matching commercial real estate borrowers with institutional and accredited private investors nationwide. Money360's team of commercial real estate experts originates, underwrites, and services all the loans. Borrowers and lenders (investors) can apply at (www.money360.com).


CONTACT INFORMATION

Contact:
Meghan Webb | Tiffany Trias
IDEA HALL
714-263-8725 | 714-263-8748
meghan@ideahall.com | tiffany@ideahall.com

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Online Marketplace Lender Money360 Appoints Commercial Real Estate Veteran Gary Bechtel as President - September 21, 2015

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Marketwired.com, September 21, 2015

Online Marketplace Lender Money360 Appoints Commercial Real Estate Veteran Gary Bechtel as President

LADERA RANCH, CA--(Marketwired - Sep 21, 2015) –

- Mr. Bechtel Brings More Than 29 Years of Experience in the Commercial Mortgage Banking and Lending Industries; an Established Network of Relationships in Both the Commercial Banking Industry, Capital Markets

- Dan Vetter, Co-founder of Money360, to Assume Role of Chief Operating Officer

Money360, Inc. (money360.com), the leading commercial real estate online marketplace lending platform, today announced that it has appointed Gary Bechtel as president of the company, and that Dan Vetter, co-founder of the company, has assumed the role of chief operating officer.

Mr. Bechtel is a seasoned commercial real estate veteran with more than 29 years of combined experience in commercial mortgage banking and lending, and is well respected within the capital markets community. During his career, Mr. Bechtel has been instrumental in the formation and growth of several successful commercial mortgage banking or lending platforms, where he was part of building, expanding, and overseeing mortgage banking and lending operations, including Johnson Capital Group, Hometown Commercial Capital, Meridian Capital Group, and FINOVA Realty Capital. He was most recently Chief Lending/Originations Officer at CU Business Partners (now Extensia Financial), the country's largest credit union service organization.

Throughout his career, Mr. Bechtel has been involved in all aspects of the commercial real estate finance industry, including the origination, underwriting, structuring, placement, closing, and disposition of more than $8 billion in commercial debt transactions for a variety of property types on loans ranging in size from $1M to $250M using a number of different financing structures. These transactions were completed utilizing both institutional and private sources that included commercial banks, credit unions, life insurance companies, commercial mortgage-backed securities (CMBS), private capital, equity and mezzanine funds, and others. Moreover, Mr. Bechtel has significant experience leading and managing teams on a nationwide basis.

While chief operating officer and managing director of Johnson Capital, Mr. Bechtel helped grow loan originations from $1 billion per year to more than $3 billion per year. As managing director of institutional accounts at Hometown Commercial Capital, Mr. Bechtel was responsible for creating a division that focused on establishing relationships with mortgage bankers/brokers, tenant-in-common sponsors, real estate investment trusts, and others. He also oversaw the West Coast operations of Meridian Capital Group, with an emphasis on expanding the company's capital relationships and origination personnel. During his career, he has been involved in numerous technology initiatives, helping to provide more efficient and cost-effective sourcing and funding of loan opportunities.

He is a past or current member of the Mortgage Bankers Association of America, the California Mortgage Bankers Association, the National Association of Industrial and Office Properties, and the International Council of Shopping Centers.

In his new role as president of Money360, Mr. Bechtel will be responsible for expanding the company's lending programs, building out its origination and loan processing capabilities, and interacting with institutional investors.

"Gary brings a unique blend of commercial real estate loan and operational experience, and an established network of relationships within the capital markets. His background, experience, and knowledge will play a vital role in helping to take Money360 to the next level, and in accelerating the development of our capital markets," said Evan Gentry, CEO of Money360.

"Gary brings a unique blend of commercial real estate loan and operational experience, and an established network of relationships within the capital markets. His background, experience, and knowledge will play a vital role in helping to take Money360 to the next level, and in accelerating the development of our capital markets," said Evan Gentry, CEO of Money360.

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with qualified private lenders. Money360 initially launched in California with national expansion immediately pending. Lending opportunities are only available to qualified private lenders. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and Lenders can apply at money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Online Marketplace Lender Money360 CEO Evan Gentry to Speak at IMN Crowdfunding Forum for Real Estate - September 15, 2015

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Marketwired.com, September 15, 2015

Online Marketplace Lender Money360 CEO Evan Gentry to Speak at IMN Crowdfunding Forum for Real Estate

Gentry to Share Industry Insights During a Panel Discussion on "Evaluating the Expansion and Economic Factors Behind the Growth of Crowdfunding in Real Estate."

LADERA RANCH, CA--(Marketwired - Sep 15, 2015) – Money360, Inc. (money360.com), the leading commercial real estate online marketplace lending platform, today announced that Evan Gentry, the company's founder and CEO, will be speaking on a panel at the second annual IMN Crowdfunding Forum for Real Estate on Wednesday, Sept. 16, 2015, at 9:30 a.m. at the Fairmont Miramar Hotel in Santa Monica, CA.

Gentry and several other industry executives will share insights on "Evaluating the Expansion and Economic Factors behind the Growth of Crowdfunding in Real Estate." The discussion is slated to cover factors such as the impact of cap and interest rates, the impact of title III and IV and other proposed regulations, the lending environment as a whole, the funding environment for portals, investor liquidity, industry fundraises, and more.

Gentry has 18 years of experience in the real estate industry. He has a strong background in the application of technology to the real estate and lending industries, which comes from leading Money360, the first company to pioneer online marketplace lending / peer-to-peer lending for commercial real estate loans, as well as from heading up several other companies. During his career, he has led the origination of billions of real estate loans and the acquisition of more than $750 million of real estate properties and investments.

Gentry is also the founder and CEO of G8 Capital (www.g8cap.com), a private equity real estate investment firm that focuses on opportunity-based acquisitions in distressed commercial and residential real estate. Prior to G8 Capital, he co-founded MoneyLine Lending Services. MoneyLine's back-office platform and technology revolutionized how banks originated mortgage loans. While at MoneyLine, Gentry oversaw the dramatic growth of the business, which eventually included 50 bank clients nationwide, and was also responsible for raising multiple rounds of private and institutional equity capital and debt financing. After the company's acquisition, Evan served as an executive of Genpact through its successful IPO (Symbol "G") on the NYSE at a $3 billion market capitalization.

"Crowdfunding has come a long way in just a few years," said Gentry. "This is an exciting time to be involved in the crowdfunding and online marketplace lending industries. I look forward to sharing the insights that I have gained while working in these industries, as well as to discussing this important topic with other industry executives at the IMN Crowdfunding Forum for Real Estate."

Money360 is an online marketplace lending platform that directly connects commercial real estate borrowers with institutional and accredited private investors. The company offers borrowers a variety of loan options faster at competitive rates and more flexible terms than traditional banks and financial institutions (i.e., the speed to closing on a loan can be as fast as seven to 10 days), while providing investors with higher returns (typically seven to 11 percent) at lower risks than traditional investment vehicles.

Money360 specializes in offering loans to borrowers who have income-producing commercial real estate properties. The company looks for borrowers who not only have a specific expertise in commercial real estate, but also have a substantial amount of their own money / equity capital to invest in a project. All loans are secured in a first-lien position against professionally valued commercial real estate.

Money360's Participation at Other Upcoming Industry Events
In addition to the IMN Crowdfunding Forum for Real Estate, Money360 is also currently slated to participate in the following upcoming events:


• Sept. 16, 2015 - "18th Annual Western States Commercial Real Estate Finance (CREF) Conference," Las Vegas, NV.

• Sept. 17, 2015 - "The Crittenden Real Estate Finance Conference," Miami, FL.

• Oct. 5, 2015 - Financial Advisor magazine's "Creating an Exceptional Family Office Conference," Boston, MA.

• Oct. 6, 2015 - "Innovate Real Estate Conference," Los Angeles, CA.

• Oct. 14, 2015 - "Trigild Fall Lenders Conference," San Diego, CA.

• Oct. 21, 2015 - "National Association of Personal Financial Advisors Annual Conference," Indianapolis, IN.

• Nov. 10, 2015 - The All Star Group's "Commercial Real Estate (CRE) & Lending Conference," San Francisco, CA.

• Dec. 9, 2015 - The Opal Financial Group's "Alternative Investing Summit," Dana Point, CA.

About Money360, Inc.
Money360 (www.money360.com) is an online marketplace lender, matching commercial real estate borrowers with institutional and accredited private investors. Money360 originates, underwrites, and services all the loans. Borrowers and lenders (investors) can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Peer-to-Peer Lender Money360 Closes $6.75 Million Commercial Real Estate Loan Funded by an Institutional Investor - June 29, 2015

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Marketwired.com, June 29, 2015

Peer-to-Peer Lender Money360 Closes $6.75 Million Commercial Real Estate Loan Funded by an Institutional Investor

Two-Year Loan to Finance the Acquisition and Capital Improvements of a 209,557 Square Foot, Class-A Commercial Office Building in Chicago

LADERA RANCH, CA--(Marketwired - June 29, 2015) – Money360, Inc. (money360.com), the leading online peer-to-peer (P2P) commercial real estate lending platform, today announced that it has closed a $6.75 million commercial real estate loan in Chicago, which was funded by an institutional investor.

The two-year loan was made to an investment firm that focuses on operating data centers and IT services. The firm has managed 11 companies with over $700 million in combined enterprise value and has offices in the United States and Brazil.

The loan was used to purchase a 209,557 square foot, class-A suburban office building in Chicago from a multi-billion dollar NYSE-traded energy company. Additional loan proceeds will be used to finance capital improvements and working capital in the coming months as the building is leased up.

The loan-to-value value was 57.7 percent. An unencumbered townhome located in Manhattan, NY valued at $2.95 million was also secured as additional collateral at closing. Plus, simultaneously with closing, a data management services group executed a 10-year lease for two stories of the building, which will support debt service by over two times following a rent abatement.

"More and more institutional investors are investing via online marketplace lending platforms, such as Money360," said Evan Gentry, CEO of Money360. "I'm not surprised because online marketplace platforms such as ours provide investors with higher risk-adjusted returns than traditional investment vehicles. Within marketplace lending, the real estate sector is seeing rapid growth driven by the security inherently provided with collateral-based lending."

"Although Money360 offers a variety of investing opportunities for both accredited private and institutional investors, this loan is a good example of some of the investing opportunities that our company has to offer institutional investors," said Dan Vetter, President and Co-founder of Money360.

Money360 specializes in offering loans to borrowers who have income-producing commercial real estate properties. The company looks for borrowers who not only have a specific expertise in commercial real estate, but also have a substantial amount of their own money / equity capital to invest in a project. All loans are secured in a first-lien position against professionally valued commercial real estate.

"Although Money360 offers a variety of investing opportunities for both accredited private and institutional investors, this loan is a good example of some of the investing opportunities that our company has to offer institutional investors," said Dan Vetter, President and Co-founder of Money360.

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending platform for real estate loans, matching worthy commercial real estate borrowers with institutional and accredited private investors. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and investors can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Money360, the Leading Peer-to-Peer (P2P) Commercial Real Estate Lending Platform, Names Laura Catalino as SVP, Investor Relations - June 15, 2015

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Marketwired.com, June 15, 2015

Money360, the Leading Peer-to-Peer (P2P) Commercial Real Estate Lending Platform, Names Laura Catalino as SVP, Investor Relations

Catalino Brings More Than 20 Years of Experience in Money Management and Investor Relations; Significant Experience Working With Institutional and High-Net Worth Private Investors to Help Them Identify Attractive Investment Opportunities

LADERA RANCH, CA--(Marketwired - June 15, 2015) – Money360, Inc. (money360.com), the leading online marketplace / peer-to-peer (P2P) commercial real estate lending platform, today announced the appointment of Laura Catalino to Senior Vice President, Investor Relations.

Catalino's background includes more than 20 years of experience in money management and investor relations, which was gained while working for private banks, institutional investment firms, and public companies. She also has a solid track record for identifying attractive financial opportunities for institutional and high-net-worth investors, and in investing in real estate.

Throughout her career, Catalino has held positions of increasing responsibility in securities analysis, portfolio management, fixed-income trading, sales of securities to high-net-worth investors, and international sales of hedge fund interests to institutional investors.

In her new role as Senior Vice President, Investor Relations for Money360, Catalino will be responsible for overseeing the company's relationships with investors, and bringing together accredited investors with first trust deed secured investments.

"We have been seeing increased interest among both new and existing investors in investing in commercial real estate opportunities with Money360. As such, we have been actively searching for someone with the right background and experience to add to our team to assist our investors," said Evan Gentry, CEO of Money360. "Ms. Catalino brings significant experience in working with both institutional and high-net-worth investors to help them identify attractive investing opportunities. She is a valuable asset to have on the Money360 team and we look forward to working with her."

"Online marketplace lenders such as Money360 are providing commercial real estate borrowers with more loan options than ever, while also offering investors a host of new investing opportunities at lower risks and greater returns than traditional investment options," said Catalino. "It's a great time to be in the industry and to be joining the Money360 team. I am excited for the opportunity to put my background and experience to use in helping Money360's investors identify and evaluate the best investing opportunities."

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending platform for real estate loans, matching worthy commercial real estate borrowers with institutional and accredited private investors. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and lenders can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Money360, the Leading Commercial Real Estate Peer-to-Peer (P2P) Lending Platform, Closes $3.1 Million Palm Desert, CA Loan in Just 10 Business Days - June 09, 2015

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Marketwired.com, June 09, 2015

Money360, the Leading Commercial Real Estate Peer-to-Peer (P2P) Lending Platform, Closes $3.1 Million Palm Desert, CA Loan in Just 10 Business Days

Two-Year Loan Was Made to Refinance Existing Debt on a Multi-Tenant Commercial Office Building

LADERA RANCH, CA--(Marketwired - June 09, 2015) – Money360, Inc. (money360.com), the leading online peer-to-peer (P2P) commercial real estate lending platform, today announced that it has funded and closed a $3.1 million commercial real estate loan in Palm Desert, California. Money360 was able to expedite the closing of the loan in just 10 business days to meet the borrower's needs.

The two-year loan, which was funded by institutional and accredited investors, was made to refinance the existing debt on a multi-tenant commercial office building, as well as to provide the borrower with some cash that will be used for other capital needs. The loan was secured by a first trust deed. The borrower also personally guaranteed the loan.

"More than ever, commercial real estate investors and property owners are beginning to recognize the value of quickly obtaining financing through Money360's online marketplace instead of through a traditional bank or diluting their ownership with equity partners," said Matt Rogers, Director of Business Development for Money360. "This loan is a great example of how Money360 can help commercial real estate investors obtain expedited access to capital, while still doing so at reasonable terms."

"Money360 has established working relationships with institutional and private investors, which enable us to offer a wide variety of bridge financing options to commercial real estate owners. Because of this, we were able to provide the borrower with a customized and timely financing solution to meet his needs," said Dan Vetter, President and Co-founder of Money360. "These loans are also great for institutional and private investors seeking higher returns on secured, lower-risk investment opportunities."

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending platform for real estate loans, matching worthy commercial real estate borrowers with institutional and accredited private investors. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and investors can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Money360, the Leading Peer-to-Peer (P2P) Commercial Real Estate Lending Platform, Appoints Commercial Real Estate Industry Veteran Patrick Brokaw to VP Operations - June 04, 2015

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Marketwired.com, June 04, 2015

Money360, the Leading Peer-to-Peer (P2P) Commercial Real Estate Lending Platform, Appoints Commercial Real Estate Industry Veteran Patrick Brokaw to VP Operations

Former President and CEO of Strategic Asset Services, LLC, A Commercial Real Estate Due Diligence Company, Brings Significant Experience Working With Commercial Real Estate Loans Nationwide, Conducting Due Diligence

LADERA RANCH, CA--(Marketwired - June 04, 2015) – Money360, Inc. (money360.com), the leading online peer-to-peer (P2P) commercial real estate (CRE) lending platform that brings together CRE borrowers and accredited investors, today announced the appointment of Patrick G. Brokaw to Vice President, Operations.

Brokaw brings more than 25 years of executive and business leadership experience to Money360, including a decade of experience serving as president and CEO of Strategic Asset Services, LLC, a commercial real estate due diligence company. While at Strategic Asset Services, Brokaw was responsible for global operations and business development, and introduced technologies to the commercial real estate financing industry that significantly improved collateral risk assessment.

Brokaw's background also includes creating a commercial real estate inspection company that performed over 30,000 inspections annually. While at that company, he was a sought-after authority on collateral monitoring, and a featured panelist at various Mortgage Banking Association functions and conferences. During the formative years of Commercial Mortgage-Backed Securities, he also worked with the leading commercial services to develop best practices standards in underwriting modeling, new loan set up, and site inspections. Furthermore, his background includes serving as executive vice president of marketing/sales of Strategic Property Associates (SPA), which provides quality outsourcing solutions to real estate lenders, servicers, and the investment banking community; and working as director of business relations for the Center of Discovery, where he oversaw both the company's relationships and contracts with insurance companies, and spearheaded the company's nationwide expansion efforts.

In his new role as VP, Operations for Money360, Brokaw will be responsible for helping Money360 identify and evaluate the best lending opportunities for its accredited investors across a variety of commercial property types, continuing to build out the Money360 platform to further increase its scalability, and overseeing the underwriting, due diligence, and processing of loan applications. Brokaw will also work with Money360's commercial real estate borrowers to assist them with applying for and obtaining loans ranging from bridge loans to permanent financing for commercial and non-owner occupied residential properties.

"Mr. Brokaw's significant experience in commercial real estate and his extensive network of established relationships within the investment community makes him a natural fit for overseeing operations for Money360," said Evan Gentry, CEO of Money360. "We're delighted to have him on our team and we look forward to working with him."

"Online marketplace lending is a new and rapidly up-and-coming industry that is fundamentally changing the way that commercial real estate is financed," said Brokaw. "I'm excited to be joining the Money360 team and for the chance to apply my knowledge, skills, and experience to helping the company continue to grow and expand."

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending platform for real estate loans, matching worthy commercial real estate borrowers with institutional and accredited private investors. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and lenders can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Money360 Secures $110 Million for P2P Commercial Real Estate Loans, Including $100 Million From Leading New York Investment Firm Specializing in Online Lending - April 14, 2015

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Marketwired.com, April 14, 2015

Money360 Secures $110 Million for P2P Commercial Real Estate Loans, Including $100 Million From Leading New York Investment Firm Specializing in Online Lending

NEW YORK, NY--(Marketwired - April 14 , 2015) – LendIt P2P and Online Lending Conference, Booth 513 --


• Money360 Enters Partnership with Leading Online Lending Investment Firm with $100 Million Funding Arrangement

• Money360 Raises Additional $10 Million in Cash through its Subsidiary, M360 Fund I, LLC, to Fund its Commercial Real Estate Loans

Money360, Inc. (money360.com)an online marketplace / peer-to-peer (P2P) lending platform that directly connects commercial real estate borrowers with accredited investors , today announced that is has secured $110 million to originate/purchase loans to borrowers through its online lending platform. The money was secured through a $100 million loan purchase agreement and partnership with a leading New York investment firm that has pioneered online lending, as well as $10 million in cash raised by Money360 through its wholly owned subsidiary, M360 Fund 1, LLC, from investors including investment banking executives and successful technology entrepreneurs.

The funding and loan purchase capacity comes at an ideal time, too, as more commercial borrowers than ever are using Money360's online marketplace to find the best solution for their commercial real estate borrowing needs. Since re-launching in September 2014, the company has experienced significant growth with more than $150 million in loan requests last month alone.

"We are excited to be partnering with this leading New York investment firm, and that so many investors are enjoying the opportunity to invest in these attractive opportunities," said Evan Gentry, CEO and Founder of Money360. "The additional funding capacity will allow us to keep up with the growing demand that we are seeing from commercial real estate borrowers."

"We are delighted to be working with this new investment firm and providing all of our investors with legitimate investment opportunities, which have continually proven to yield higher returns at lower risk than traditional investment vehicles," said Dan Vetter, President and Co-founder of Money360. "The real estate peer-to-peer lending market presents an excellent opportunity for both investors and borrowers alike, as it allows them to bypass traditional bank loan models. We are grateful for the opportunity to continue to showcase the value and benefits of using this lending model for both parties."

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy commercial real estate borrowers with institutional and accredited private investors. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and lenders can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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Money360's Marketplace / P2P Lending Platform Closes $1 Million Commercial Real Estate Loan in Eight Business Days - February 11, 2015

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Finance.Yahoo.com, February 11, 2015

Money360 Is a Direct Lender Whose Online Marketplace / Peer-to-Peer Lending Platform Gives Commercial Real Estate Sponsors Expedited and Unparalleled Access to Capital

LADERA RANCH, CA--(Marketwired - Feb 11, 2015) - Money360 Inc. (www.money360.com) closed a $1,000,000 two-year term loan secured by a 5,000 square foot retail building in Las Vegas, Nevada. Money360 is the original marketplace / peer-to-peer lending platform for real estate loans, enabling sponsors to transact directly with lenders via its online platform.

The property securing the loan was renovated in 2014 and is currently 100% leased. The loan was closed very quickly in just eight business days and amounted to 70% of the appraised value of the property.

Borrowers who are looking for quick access to capital can turn to Money360 to obtain direct funding at reasonable terms. Money360's team has extensive commercial real estate lending expertise and is pioneering the application of peer-to-peer lending.

"In this case, the sponsor came to us with a deal with a very short fuse. We were able to close the loan within eight business days, which is very fast for commercial real estate lending transactions," said Dan Vetter, President of Money360. "Peer-to-peer lending is reinventing the commercial mortgage lending industry in the same way it has reinvented the consumer, small business and student lending industries. Commercial real estate sponsors are beginning to recognize that they can obtain mortgage loans more quickly and at more favorable terms from a P2P lending platform such as Money360 than they can from more traditional funding sources."

"Money360 is becoming the leading alternative for borrowers that need a quick closing or simply need a direct lender that thinks outside the box" said Matt Rogers, Director of Business Development. "We are currently lending up to $15 million on individual deals and are actively looking for additional commercial bridge loan opportunities." Money360 also provides opportunities for institutional and other accredited investors to build their portfolios with diverse real-estate-secured investment opportunities at a time when other asset-secured investments are generating negligible returns. Money360 handles all due diligence and underwriting, loan administration, loan servicing and collections on behalf of individual lenders.

Evan Gentry serves as the founder and CEO of Money360, an online marketplace lending platform where accredited investors can fund loans secured by commercial real estate. Evan is an entrepreneur and innovator with a strong background in the application of technology to the real estate and lending industries. Gentry is also the founder and CEO of G8 Capital (www.g8cap.com), a real estate investment firm focused on opportunity-based acquisitions of residential and commercial real estate assets.

Prior to G8 Capital, Gentry co-founded MoneyLine Lending Services. MoneyLine's back-office platform and technology revolutionized how many banks originated mortgage loans. In 2006, Gentry led the sale of MoneyLine to Genpact, a GE Capital spin-off. Evan has led the acquisition of more than $500 million of real estate properties and investments in numerous successful companies over the past few years.

About Money360, Inc. Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with institutional and accredited private investors. Money360 initially launched in California with national expansion underway. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and lenders can apply at www.money360.com.

Contact: Laurie Brooks Media Coordinator Money360, Inc. 714-474-3770 Email Contact

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Money360 CEO to Lead Crowdfunding Session at Winter Forum on Real Estate Opportunity and Private Fund Investing - January 22, 2015

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Finance.Yahoo.com, January 22, 2015

Money360 to Join Real Estate and Investment Industry Professionals to Discuss Crowdfunding and Peer-to-Peer Lending Opportunities at Important Real Estate and Investment Conference

LADERA RANCH, CA--(Marketwired - Jan 22, 2015) - Money360, Inc. (www.money360.com), an online peer-to-peer (P2P) / marketplace lending platform where accredited investors can fund loans secured by commercial real estate, will participate in IMN's 12th Annual Winter Forum on Real Estate Opportunity and Private Fund Investing on January 22nd and 23rd at the Montage Resort and Spa in Laguna Beach, California.

Evan Gentry, CEO of Money360, will be a featured panel moderator at the conference and will lead a session entitled, "Crowdfunding: Is It Worth The Hype?" Evan's extensive experience in crowdfunding comes from leading Money360 as it pioneered peer-to-peer real estate lending. Money360 has proven a smart strategy for generating strong investment returns via lower-risk commercial real estate lending.

The session will be held at 10:30 a.m. on January 22 at the Montage Resort. Leaders in real estate and the investment community will be in attendance.

"We look forward to important discussions with other industry professionals about crowdfunding and peer-to-peer lending in general and also how Money360 can help institutional investors looking for high-yield investment opportunities," said Evan Gentry, CEO of Money360.

Money360 enables borrowers to obtain common-sense loans at a time when banks and traditional lenders have heightened restrictions. Simultaneously, Money360 provides opportunities for accredited and institutional investors to make real estate-secured investments at a time when other asset-secured investments are generating negligible returns. Money360 handles all due diligence and underwriting, loan administration, loan servicing and collections on behalf of individual lenders.

Evan serves as the founder and CEO of Money360, an online marketplace lending platform where accredited investors can fund loans secured by commercial real estate. Evan is an entrepreneur and innovator with a strong background in the application of technology to the real estate and lending industries. Gentry is also the founder and CEO of G8 Capital (www.g8cap.com), a real estate investment firm focused on opportunity-based acquisitions of residential and commercial real estate assets. Prior to G8 Capital, Gentry co-founded MoneyLine Lending Services. MoneyLine's back-office platform and technology revolutionized how many banks originated mortgage loans. In 2006, Gentry led the sale of MoneyLine to Genpact, a GE Capital spin-off. Evan has led the acquisition of more than $500 million of real estate properties and investments in numerous successful companies over the past few years.

About Money360, Inc. Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with accredited investors. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and lenders can apply at money360.com.

Contact: Laurie Brooks Media Coordinator Money360, Inc. 714-474-3770

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Money360 CEO to Lead Peer-to-Peer Lending General Session at Alternative Investing Summit - December 8, 2014

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Finance.Yahoo.com, December 8, 2014

Money360 to Train Investment Professionals on Peer-to-Peer Lending at Important Investment Conference

LADERA RANCH, CA--(Marketwired - Dec 8, 2014) - Money360, Inc. (www.money360.com), an online peer-to-peer (P2P) / marketplace lending platform where accredited investors can fund loans secured by commercial real estate, will participate in Opal Financial Group's Alternative Investing Summit as an Executive Sponsor on December 7th - 9th in Dana Point, California. The Alternative Investing Summit will feature prominent investment professionals who are gathering to discuss innovative investment and asset management strategies.

Evan Gentry, CEO of Money360, will be a featured speaker at the conference and will lead a session entitled, "Peer-to-Peer Lending 101: Direct Investments Secured by Real Estate." Evan will provide a primer on peer-to-peer lending and discuss how institutional investors can benefit from this emerging asset class. He will also discuss how investors can use Money360's platform to obtain exposure to short-term, high-yield loans that are secured by commercial real estate.

Money360 will be sponsoring the cocktail reception on Monday evening and will be visiting with conference attendees at their table during the reception. For more Summit details, please visit: http://www.opalgroup.net/conferencehtml/current/alternative_investing_summit/alternative_investing_summit_agenda.php

"I am honored to be able to speak to peers and leaders across many industries at this event. It's exciting to see how many types of industry professionals will come together at this summit, all seeking new alternative investment strategies to preserve capital and grow their portfolios," said Evan Gentry, CEO of Money360. "Money360 pioneered peer-to-peer real estate lending as a smart strategy for generating strong investment returns via low-risk, fixed-income investments secured by commercial real estate. The opportunities for growth in this space are abundant and growing for lenders and investors."

"We are excited to be at the Alternative Investing Summit this week with investment professionals from a variety of industries participating in important discussions about alternative investment strategies," said Dan Vetter, President and co-founder of Money360. "For many attendees at the conference, we'll be introducing a new alternative investment strategy as we share how peer-to-peer lending in general and Money360 in particular can benefit institutional investors who seek low-duration, high-yield, fixed-income investments that are secured by commercial real estate."

Money360 enables borrowers to obtain common-sense loans at a time when banks and traditional lenders have heightened restrictions. Simultaneously, Money360 provides opportunities for accredited investors to make real estate-secured investments at a time when other asset-secured investments are generating negligible returns. Money360 handles all due diligence and underwriting, loan administration, loan servicing and collections on behalf of individual lenders.

Evan serves as the founder and CEO of Money360, an online marketplace lending platform where accredited investors can fund loans secured by commercial real estate. Evan is an entrepreneur and innovator with a strong background in the application of technology to the real estate and lending industries. Gentry is also the founder and CEO of G8 Capital (www.g8cap.com), a real estate investment firm focused on opportunity-based acquisitions of residential and commercial real estate assets. Prior to G8 Capital, Gentry co-founded MoneyLine Lending Services. MoneyLine's back-office platform and technology revolutionized how many banks originated mortgage loans. In 2006, Gentry led the sale of MoneyLine to Genpact, a GE Capital spin-off. Evan has led the acquisition of more than $500 million of real estate properties and investments in numerous successful companies over the past few years.

About Money360, Inc. Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with accredited investors. Money360 initially launched in California with national expansion immediately pending. Lending opportunities are only available to accredited investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and lenders can apply at money360.com.

Contact: Laurie Brooks Media Coordinator Money360, Inc. 714-474-3770

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Money360 Closes First Peer-to-Peer Real Estate Tranche Loan in the U.S. - Oct 29, 2014

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Money360 Introduces Peer-to-Peer Tranche Loans to the U.S. With an $8.75 Million Commercial Real Estate Loan, Crowdfunded by a Diverse Group of Lenders and Offering the Borrower a Lower-Cost Blended Rate; Money360's Online P2P/Marketplace Lending Platform Helps Accredited Investors Find Attractive Commercial Real Estate Investment Opportunities and Helps Borrowers Access Alternative Capital Sources

LADERA RANCH, CA--(Marketwired - Oct 29, 2014) - Money360, Inc. (www.money360.com), the original peer-to-peer (P2P) real estate lending platform, has accomplished another "industry first" by closing the first tranche loan to be originated by a U.S. P2P platform. The $8.75 million commercial real estate loan was funded by a diverse group of institutional and accredited private investors, and is secured by one first-trust-deed loan. The loan was structured with an "A" tranche, at a lower rate, and a "B" tranche, at higher rate, with an overall blended rate paid by the borrower.

"We are proud to be not only the original peer-to-peer real estate lending platform, but also the first to introduce tranche loans to the U.S. peer-to-peer real estate lending market by closing a large loan with a diverse group of investors," said Evan Gentry, Founder and CEO of Money360. "What Money360 is pioneering here will give investors more selection in terms of risk, maturity and return, while giving borrowers access to lower-cost rates on a blended basis."

Money360 brings borrowers and investors together on loans backed by commercial real estate nationwide. The $8.75 million loan was secured by a 184,000 square foot industrial building in Salt Lake City, Utah, and was funded by one institutional investor, two private investment groups and five high-net-worth, accredited investors. The loan-to-value was 70 percent of real estate value and 53 percent of the total pledged collateral (including real estate and equipment/assets).

"Investors are drawn to Money360's P2P/marketplace lending platform for its exclusive and unique investment opportunities, so the tranche loan program is a natural expansion for Money360," said Dan Vetter, President of Money360. "Money360 investors now have an even wider spectrum of investment opportunities with the ability to calibrate their risk and return preferences within an individual loan. Money360's tranche loan program also benefits borrowers by offering them a lower-cost blended rate."

Money360 has been rapidly expanding since relaunching its website last month with new online tools. Money360 pioneered the peer-to-peer real estate lending model in 2010, but subsequently put the business on hold until regulation caught up to allow this model to operate. Since new regulation (Jobs Act - Title 2) implemented at the end of last year, Money360 has been quietly installing a seasoned leadership team and re-building the model for rapid expansion. The company is on track to close $25 million in peer-to-peer real estate loans by the end of the year.

Money360's P2P lending platform eliminates the overhead and processing costs associated with traditional banking/lending models. Borrowers and investors can quickly and easily register online at Money360.com. Borrowers gain access to alternative sources of capital from multiple investors, and are able to obtain competitive rates, flexible terms, and efficient service.

The Money360 team has more than 100 years of combined experience in real estate lending and investments. Evan Gentry, co-founder and CEO of Money360, is an entrepreneur and innovator with a strong background in the application of technology to the real estate and lending industries. Gentry is also the Founder and CEO of G8 Capital (www.g8cap.com), a real estate investment firm focused on opportunity-based acquisitions of residential and commercial real estate assets. Prior to G8 Capital, Gentry co-founded MoneyLine Lending Services, which revolutionized how many banks originated mortgage loans. Evan has led the origination and acquisition of billions of real estate loans while leading MoneyLine and G8 Capital.

Dan Vetter is the President and co-founder of Money360. Prior to joining Money360, Dan worked for PIMCO, the largest bond manager in the world with $2 trillion of assets under management. Dan oversaw $15 billion in managed assets across a wide range of investment strategies, advising institutional clients with respect to their residential and commercial mortgage allocations. Dan, a graduate of Harvard Business School, spent several years on Wall Street in various roles ranging from sell-side equity research to investment banking.

About Money360, Inc.

Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with institutional and qualified private lenders. Money360 initially launched in California in 2010 and has now relaunched and expanded nationally. Lending opportunities are only available to qualified investors. Money360 originates, underwrites, coordinates and services all the loans. Borrowers can apply and lenders can register at money360.com.
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Money360 CEO to Lead Crowdfunding Panel at IMN Crowdfunding Forum for Real Estate - September 5, 2014

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Marketwired.com, September 5, 2014

Money360 Addressing Investing and Borrowing Opportunities in Peer-to-Peer Commercial Real Estate Lending Marketplace at This Week's Premier P2P Industry Conference

LADERA RANCH, CA--(Marketwired - Sep 5, 2014) - Money360, Inc. (money360.com), a peer-to-peer (P2P) real estate lending marketplace where accredited investors can crowdfund loans secured by commercial real estate, will participate in the IMN Crowdfunding Forum for Real Estate on September 8th and 9th in Santa Monica, California. IMN's Crowdfunding Forum for Real Estate event is the first conference dedicated to real estate sponsors and Registered Investment Advisors and will feature 45 speakers drawn from the most prominent real estate professionals in the industry.

Evan Gentry, CEO of Money360, will be moderating the "Crowdfunder Portal" panel at the Fairmont Miramar Hotel in Santa Monica at 11:05 a.m. on September 8th. This discussion will detail how the major crowdfunders are approaching the real estate market and will discuss fees, structures, investors, debt versus equity, current projects, requirements and due diligence for investing, and more.

Money360 will be addressing conference visitors at their booth in the exhibit hall and will be holding executive meetings in the Palisades Boardroom. For more information, please visit: http://www.imn.org/real-estate/conference/Crowdfunding-for-Real-Estate/Agenda.html

"Money360 pioneered peer-to-peer real estate lending and has led a revolution. To see how the industry has grown and to be discussing important issues in the crowdfunding industry with a group of industry professionals is truly exciting," said Gentry. "I look forward to the discussions on pertinent issues at the forum and to the future growth of the industry."

"Money360 is anxious to be at IMN this week discussing the ways that peer-to-peer lending can serve investors who seek low-risk lending opportunities with a solid return and ways this industry can continue to change how real estate business is done. We look forward to meeting with investors, lenders and industry colleagues attending the conference," said Dan Vetter, President and co-founder of Money360.

Money360 enables borrowers to obtain common-sense loans at a time when banks and traditional lenders have heightened restrictions. Simultaneously, Money360 is providing opportunities for qualified private lenders to make real-estate-secured investments at a time when other asset-secured investments are generating negligible returns. Money360 handles all due diligence and underwriting, loan administration, loan servicing and collections on behalf of individual lenders.

Evan serves as the founder and CEO of Money360, an online marketplace where accredited investors can crowdfund loans secured by commercial real estate. Evan is an entrepreneur and innovator with a strong background in the application of technology to the real estate and lending industries. Gentry is also the founder and CEO of G8 Capital (www.g8cap.com), a real estate investment firm focused on opportunity-based acquisitions of residential and commercial real estate assets. Prior to G8 Capital, Gentry co-founded MoneyLine Lending Services. MoneyLine's back-office platform and technology revolutionized how many banks originated mortgage loans. In 2006, Gentry led the sale of MoneyLine to Genpact, a GE Capital spin-off. Evan has led the acquisition of more than $500 million of real estate properties and investments in numerous successful companies over the past few years.

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with qualified private lenders. Money360 initially launched in California with national expansion immediately pending. Lending opportunities are only available to qualified private lenders. Money360 originates, underwrites, coordinates and services all the loans. Borrowers and Lenders can apply at money360.com.

About IMN
IMN, founded in 1994, is a global organizer of institutional finance & investment and healthcare IT conferences. In 2004 the business was acquired by Euromoney Institutional Investor PLC, a UK company listed on the London Stock Exchange. The Real Estate division of IMN produces industry leading educational and networking forums for Real Estate Opportunity & Private Fund, Mezzanine Lending, Non-Traded REIT, Distressed Residential, Commercial, & Hotel Real Estate and Bank & Special Asset Executive professionals. Hallmarks of an IMN conference are a quality and rigorously vetted speaking faculty, interactive panel discussion and a balanced audience composition which facilitates excellent networking opportunities.


CONTACT INFORMATION

Contact:
Laurie Brooks
Media Coordinator
Money360, Inc.
714-474-3770
Email Contact

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Money360, the National Real Estate Lending Marketplace, Announces Rapid Growth and the Addition of Several of the Nation's Lowest-Rate Mortgage Lenders to Its Platform - February 25, 2013

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Finance.yahoo.com - February 25, 2013

LADERA RANCH, CA--(Marketwire - Feb 25, 2013) -

  • Money360 adds several conventional lenders offering the nation's lowest mortgage rates to its platform.
  • Money360 experienced a 250%+ increase in January 2013 "Loan Matches" (matching borrowers with lenders) compared to the 2012 monthly average.
  • Borrowers can find the lowest rates and get matched to multiple low-rate lenders through Money360's proprietary LoanMatch technology.

Money360, Inc. (money360.com) announced today adding several of the nation's lowest-rate mortgage lenders to its national platform, which already includes hundreds of mortgage lenders across the country.

Money360 is not a bank, but a lending marketplace, streamlining traditional lending models by allowing borrowers to compare mortgage lenders and get matched directly with lenders offering customized loan offers and the lowest mortgage rates.

"We are focusing on helping borrowers get matched with multiple low-rate lenders, offering them the lowest rates, and best matches," said Evan Gentry, Money360 CEO. "Our addition of several conventional lenders supports our efforts and the increased loan matches we've had in 2013."

At a rapidly increasing rate, more borrowers are turning to Money360 to find the lowest mortgage rates and best loans available. Borrower and Lender loan matches are up more than 250% in January 2013 compared to the 2012 monthly average.

Money360's proprietary LoanMatch technology matches borrowers with lenders that meet their specific loan requests. Borrowers can compare lenders and chose to move forward with the best offers from lenders able to offer their specific loan type at the best available rates.

Money360's marketplace meets the needs of borrowers from those seeking the lowest rate conventional loans to those seeking private money "peer-to-peer" loans. Currently, the marketplace is ideal for borrowers seeking purchase or refinance loans for residential or commercial real estate properties.

"As an innovative leader in the real estate lending market, Money360 is finding new and better ways for borrowers to find and compare the best loan offers," said Gentry. "Our free service to borrowers allows them to use the latest technology to compare lenders and customized loan offers."

About Money360, Inc.
Money360 (www.money360.com) is a national real estate lending marketplace, matching mortgage borrowers with hundreds of registered lenders. Residential and commercial mortgage borrowers are empowered to compare lenders, and to find the lowest rates and best loan offers. Money360's proprietary LoanMatch technology directly matches borrowers with the best lenders, which range from the lowest rate conventional lenders to private money lenders. Launched in 2010 as the first peer-to-peer (P2P) real estate loan marketplace, Money360 is an innovator and market leader helping mortgage borrowers find the best possible loans. Money360 is leading a revolution to replace traditional banking/lending models of the past with a more efficient and less costly model that directly matches Borrowers with Lenders. Come Join the Lending Revolution.

Contact:
Laurie Brooks
(714) 474-3770

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Money360 -- The First Peer-to-Peer (P2P) Real Estate Lending Marketplace -- Announces Nationwide Expansion

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Marketwired.com, June 18, 2012

Money360 Expands Nationally, After a California Launch, With More Than $500 Million Available for Loans From Registered Money360 Lenders

Borrowers Are Matched With Private Lenders Through Money360's Proprietary LoanMatch Technology

LADERA RANCH, CA--(Marketwire - Jun 18, 2012) - Money360, Inc. (money360.com) announced today a nationwide expansion of the first peer-to-peer (P2P) real estate lending marketplace. More than $500 million is currently available to lend through registered private lenders across the nation seeking to make commercial and residential loans.

Money360 is not a bank, but a P2P marketplace streamlining traditional banking by allowing private real estate lenders around the country to provide mortgage financing directly to commercial and residential borrowers. P2P lending is growing rapidly. Online Banking Report published by NetBanker has reported the following on the peer-to-peer (P2P) lending market: "After growing five-fold in two years (2011 vs. 2009), we expect continued strong growth of nearly 40% compounded annually through 2021."

"Peer-to-peer lending has really taken hold as P2P companies like Lending Club and Prosper have achieved remarkable growth. Money360 is positioned to revolutionize traditional and P2P lending models as we offer the first P2P marketplace where borrowers seeking residential and commercial loans are matched to lenders and investors from all over the country looking to make common-sense loans," said Evan Gentry, CEO of Money360. "Borrowers, who are otherwise being turned down by banks, are taking advantage of Money360's unique ability to match them to private lenders who make loans secured with real estate and who will directly manage the loan."

Money360's LoanMatch technology makes it possible for borrowers to obtain common-sense P2P mortgage loans at a time when banks turn them down because they don't meet the tight lending standards, even though they may have equity or cash for a down payment. Many of the lenders registered on Money360 are seeking to make asset-based loans and are less focused on credit history and income documentation. Individual borrowers/companies can post residential or commercial real estate loan requests, specifying the loan details, terms and maximum rate they will accept.

With Money360's LoanMatch technology, borrowers gain immediate access to private lenders with capital focused on their specific loan type and market. Borrowers that have been successfully matched to lenders through Money360 include borrowers with challenged credit histories and recent foreclosures, as well as self-employed borrowers and borrowers with inconsistent income sources. Closed loans have included bank short-sales. Private lenders have included local investors, real-estate investors and private real estate lenders, all of which are generating healthy returns by making real estate-secured loans at a time when other asset-secured investments are generating negligible returns.

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) real estate lending marketplace. Borrowers are matched directly with private lenders through Money360's proprietary LoanMatch technology. The current real estate credit market is broken. Good borrowers can't get financing because banks are not lending. Private lenders (companies and individuals) have capital to invest, but can't find the right opportunities. Money360 is leading a revolution to replace traditional banking/lending models of the past with a more efficient and less costly model that directly matches borrowers with lenders. Come join the lending revolution.

Contact:
Laurie Brooks
Media Coordinator
Money360, Inc.
714-474-3770

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Money360 Launches First Peer-to-Peer (P2P) Real Estate Lending Marketplace - December 07, 2010

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Marketwired.com, December 07, 2010

Money360 Launches First Peer-to-Peer (P2P) Real Estate Lending Marketplace

Streamlines Traditional Banking by Allowing Private Real Estate Lenders to Provide Mortgage Financing to Worthy Borrowers; $30 Million Already Committed for California Borrowers of Commercial and Residential Real Estate; Money360 Extends Peer-to-Peer Lending to the Real Estate Lending Market

LADERA RANCH, CA--(Marketwired – December 07, 2010) – LendIt P2P and Online Lending Conference, Booth 513 -- Money360, Inc. (money360.com) announced today it has become the first peer-to-peer (P2P) real estate lending marketplace. Money360 has launched in California with plans for national expansion, and already has $30 million ready to lend to California borrowers for commercial and residential real estate loans between $200,000 and $5 million.

Money360 is not a bank, but a P2P business streamlining traditional banking by allowing private real estate lenders to provide mortgage financing directly to worthy borrowers. P2P is a booming business model, and Gartner Research has forecasted the P2P lending industry to "soar at least 66 percent to $5 billion of outstanding loans by 2013."

"Money360 is leading a revolution to replace traditional banking models of the past with a less costly, more efficient lending model," said Money360 CEO, Evan Gentry. "While banks and lenders turn away worthy borrowers these days, Money360 introduces peer-to-peer lending to the mortgage market by matching borrowers with qualified private lenders who have capital to place in a real-estate secured investment."

Money360 is making it possible for borrowers to obtain common-sense loans at a time when banks and traditional lenders are turning them away. Simultaneously, Money360 is providing opportunities for qualified private lenders to make real estate-secured investments at a time when other asset-secured investments are generating negligible returns. Money360 also handles all loan administration, loan servicing and collections on behalf of individual lenders.

"After a year of programming and development, we are pleased to roll-out Money360's proprietary LoanMatch technology that directly matches qualified borrowers with qualified private lenders," said Money360 Chief Technology Officer, Lee Decker. "We've already seen appreciable results after matching our initial group of borrowers with investors."

Individual borrowers/companies can post residential or commercial real estate loan requests, specifying the loan details, terms and maximum rate they will accept. With Money360's LoanMatch technology, borrowers gain immediate access to legitimate private lenders with capital focused on their specific loan type and market. Money360 has already successfully negotiated and closed loans for a number of satisfied borrowers, closings some loans in less than a week. The upfront fees for borrowers are a fraction of those typically charged by traditional private-money or hard-money lenders.

Private lenders are matched to pre-screened and underwritten loan requests that match their specified preferences. Lenders can diversify their risk by investing smaller amounts across multiple loans and join with other investors to fill a loan request. A minimum investment of $50,000 is required of each qualified lender, and each lender holds a fractional interest in the promissory note that is secured by a first trust deed. After lenders and borrowers are matched, Money360 handles the closing and creates one loan and one payment for the borrower.

Money360 brings together an experienced team of mortgage and financial service leaders whose roots are based in real estate lending and mortgage technology. Experienced mortgage technology expert Lee Decker has led the development of the website and proprietaryLoanMatch technology. Money360 is led by Evan Gentry, who has successfully developed and managed companies focused on real estate investments, mortgage lending and mortgage technology.

Gentry is also the founder and CEO of G8 Capital (www.g8cap.com), a real estate investment firm focused on opportunity-based acquisitions of residential and commercial real estate assets. Since 2007, G8 Capital has acquired more than 40 portfolios across 20 Managed Funds, representing more than $250 million in principal balance or real estate value. Prior to G8 Capital, Gentry co-founded MoneyLine Lending Services, which provided outsourced mortgage lending services for 50 banks and other financial institutions. MoneyLine's back-office platform and technology revolutionized how many banks originated mortgage loans. In 2006, Gentry led the sale of MoneyLine to Genpact, a GE Capital spin-off.

About Money360, Inc.
Money360 (www.money360.com) is the first peer-to-peer (P2P) lending marketplace for real estate loans, matching worthy borrowers with qualified private lenders. Money360 has launched in California, with national expansion plans underway. Lending opportunities are only available to qualified private lenders. Money360's proprietary LoanMatch technology directly matches qualified borrowers with legitimate lenders. Licensed with the California Department of Real Estate, Money360 originates, underwrites, coordinates and services all the loans. Borrowers and Lenders can apply at www.money360.com.


CONTACT INFORMATION

Contact:
Kimberly Mathie
Media Coordinator
Money360, Inc.
801-231-8643
Email Contact

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