Pisanelli of U.S. Realty Capital: Growing relationships
The NYREJ recently sat down with Rob Pisanelli of U.S. Realty Capital, for a question and answer session.
Q: What can your company offer our readers?
A: U.S. Realty Capital is a national mortgage banking company with nine offices across the country. Providing creative capital solutions for commercial real estate owners and developers throughout the United States, we have originated over $8 billion of debt and equity for our clients since 2005. Through our collective knowledge and industry experience we provide comprehensive project analysis and competitive solutions for the unique needs of each client and project. U.S. Realty Capital has expertise financing all product types including apartment, office, retail, industrial, self storage, health care and hotels.
Q: What has been your companies' biggest challenge so far this year?
A: Since the beginning of May interest rates on commercial real estate loans have risen by over 1%. U.S. Realty Capital's biggest challenge has been navigating the rising interest rate environment, continuing to close loans while locking in favorable interest rates for our clients at the ideal time in the closing process.
Q: What has been your companies' greatest accomplishment?
A: U.S. Realty Capital's greatest accomplishment has been keeping our commitment to exceptional client service while managing growth. Over the past three years, U.S. Realty Capital has doubled our annual loan production and we continue to provide the utmost personal attention and professional service to ensure the successful financing our clients' projects.
Q: What are you and your firm looking forward to in 2014?
A: U.S. Realty Capital has financed over $700 million of commercial real estate loans so far in 2013. In 2014 I predict an increasingly competitive lending environment with more institutional money flowing into commercial real estate. I look forward to working with my clients to achieve their commercial real estate financing needs while continuing to grow my company's lending relationships.
Rob Pisanelli is a principal at U.S. Realty Capital, Rochester, N.Y.
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