Temple View Capital Expands Capital Base by $1B
Temple View Capital (TVC) announced today that it has agreed to a new financing partnership with a global financial institution that will significantly expand the company’s lending capacity. The deal will use rental debt service coverage ratios (DSCR) as the underwriting criteria. As a result of the partnership, the company’s capital base will expand by as much as $1B making it one of the country’s largest originators of DSCR products in its core market footprint.
The privately placed deal is a five-year structure that allows TVC to expand its DSCR offerings to investors through March 2026. The structure is designed to ensure that TVC’s DSCR loan products remain a market leader in providing real estate investors with a stable, fixed-rate source of capital to grow their business and wealth.
“TVC prides itself on delivering value to rental investors spanning from single property owners to institutional SFR platforms by having the most efficient capital markets platforms of any non-bank lender in the sector,” said Steven Trowern, a Co-Founder and Partner at TVC. “This transaction further cements our balance sheet and provides flexibility to offer products and pricing that is truly the best of their kind.”
In order to leverage the additional capital, TVC has added twelve new employees in sales & operations, including new underwriters, analysts, account managers and sales staffing. The company also recently announced the hire of Doug Perry as the new Sales Director for the B2B Correspondent channel.
A nationwide private lender headquartered in Bethesda, MD, Temple View Capital specializes in financing solutions geared towards investors and brokers. The company is wholly owned by MCM Capital, a leading investor in residential whole loans since 2007. For more information, contact us today.