AmericaVest Launches Own REIT: AmericaVest CRE Mortgage Funding Trust

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REIT will focus on small- to middle-market commercial loans nationwide and engage in on- and-off-balance sheet activities

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AmericaVest announced today the launch of AmericaVest CRE Mortgage Funding Trust [AmericaVest CRE], a full-service, on- and off -balance-sheet lender, mortgage real estate investment trust (REIT).

AmericaVest CRE intends to focus on small- to middle-market commercial loans nationwide and actively engage in on- and off-balance-sheet activities, including property acquisitions, bridge loans, mezzanine financing, note purchase and note refinance, as well as specialty financing, such as refinancing distressed and non real estate-based loans.

Robert Damigella, AmericaVest CRE Senior Managing Director & Partner, explained that one of the strategic motivations behind launching the REIT was to create the alternative source of customized financing solution for commercial borrowers to conventional lenders.

“Commercial lending is in the DNA of AmericaVest,” Damigella said. “By leveraging our in-depth experience and our extensive network of strategic relationships we are able to fast track the delivery of customized financing solutions. In an environment characterized by unusually tight credit, our goal is to be the driving force behind a new era of commercial lending, helping to finance real estate transactions that support and rebuild communities, help create new jobs and, ultimately, has a positive impact on the economy of our country.”

Nelson Garcia, AmericaVest CRE Managing Director & Principal, pointed out that the firm’s management team possesses an in-depth expertise in distressed debt—particularly in the acquisition and management of distressed mortgages—which dates back to 2006. During that particularly challenging time, AmericaVest has successfully operated through the mortgage real estate meltdown, and today has no burden of legacy assets, as a consequence of the U.S. subprime mortgage collapse.

“Our success as the alternative lender of choice for commercial borrowers hinges on our firm’s key differentiators,” stated Garcia. “These are: our proven track record as hard money lender, ability to conceive and rapidly deploy customized funding solutions, time-sensitive turnaround of loan applications, and our policy of maintaining loans on our balance sheet to maturity.”

Additional information on AmericaVest CRE can be found on the newly launched website http://www.americavest.net The new site is characterized by easier and highly intuitive navigation, along with detailed information about the firm, its philosophy, products and team bios. The site also offers borrowers the ability to fill out an online loan request.

“Our site supports our mission to empower commercial borrowers with access to an alternative lending source that understand their challenges, swiftly assesses the property value, and rapidly structures and funds the appropriate loan,” Garcia added.

About AmericaVest CRE Mortgage Funding Trust
AmericaVest CRE Mortgage Funding Trust, Inc. is a Maryland corporation that will qualify (unless “intends to qualify” is legally a mandatory term, I’d suggest to change it to “qualifies”, otherwise it spells uncertainty, like if you are not sure you will qualify) as a Real Estate Investment Trust (“REIT”) for U.S. federal tax income purposes. Our primary business is to originate, acquire and hold for investment senior mortgage loans secured by commercial and multi-family real estate properties, which in the United States are considered to be “Alternative Mortgage” assets. The majority of our investments are commercial loan funding (“bridge loans”). The AmericaVest group of companies (“AmericaVest Group”) was initially established in 2006 to take advantage of opportunities within the U.S. commercial and residential real estate, as well as alternative finance sectors. Our founders and management possess more than 75 years of collective experience in the finance, mortgage and real estate industry. More information can be found at http://www.americavest.net

Forward Looking Statements
This press release contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of forward-looking statements include projected financial information, statements of our plans and objectives for future operations and statements concerning proposed operating strategies. In some cases, you can identify forward-looking statements by the use of terminology such as “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” and other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance or achievements. Actual events or results may differ materially.

Media Contact: Claudio Pannunzio, i-Impact Group, Inc.
         Tel.: (203) 532-5881 or Claudio(at)i-impactgroup(dot)com

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