, (PressExposure) July 21, 2006 -- New World Mortgage has formed a commercial property lending subsidiary to meet increasing demand from entrepreneurs and business owners, as well as from investors who want to build wealth through real estate.
Christian Werner, president of New World Mortgage, will spearhead the new initiative that will broker funding for multi-use, retail and office property.
"Our Realtor and home builder allies and our past customers have been asking us for some time to help them with their commercial property lending needs. And in the past few months more investors, as well as small business owners, have come to us seeking commercial property loans," says Werner. "Banking consolidation has made it harder for small businesses to fund their facility needs. There clearly is a market need and we have the expertise in the capital markets to meet that it."
Werner adds that this help New World Mortgage solidify Realtor and homebuilder relationships, as well as helps customers who want to build wealth by adding commercial property to their real estate portfolios.