R&F Commercial Debt & Equity Provides Creative Lending for "Common Sense" Deals

New Company Started by Seasoned Entrepreneurs to Address Real Estate Crisis 

WASHINGTON, Oct. 26, 2012 /PRNewswire-USNewswire/ -- In response to the challenges in the national real estate market, two American entrepreneurs, Steve Ross, a banker with over 25 years of experience, and Eric Fedewa, an award-winning real estate developer for over 20 years, founded R&F Commercial Debt and Equity.  The company, founded in 2011 with offices in Washington, D.C. and Ponte Vedra Beach, FL, has now gained a strong reputation for its expertise and professionalism.

Mr. Ross, fed-up with the new regulations and the lack of ability of today's banks to lend, formed R&F Commercial Debt and Equity to loan on "common sense" deals. While the financial system remains frozen, there is still a great demand for capital -- a service R&F easily provides. He recently teamed up with Fedewa to provide lending solutions to assist their clients in locating, processing and closing the most competitive capital available in the market place.

Ross, describing the founding of the company, said, "Eric Fedewa, a friend and former client, was a developer who was doing similar lending in Florida. We met for lunch last summer, and I told him I was quitting my job and starting a company."

Ross added, "Our capital is private, and we don't loan to homeowners, so we can avoid the regulation, but there are a lot of situations which are secure for our investors and important for our borrowers.  Our loans free up capital for new ventures to begin, which employs contractors and increases taxes for the economy."

Said Mr. Fedewa: "Capitalism needs capital, our capital trickles down through the economy, and everyone is better off. We are even doing affordable housing deals with loan non-profits.  It seems everyone needs a loan. Since December we have done over 20 loans, and we are hoping to close our first year with $20MM in loans."

For more information, visit www.randfcommercial.com or email [email protected].

About Eric Fedewa:
Eric Fedewa has acted as the builder/developer of a multitude of projects including single-family, multi-family, and master-planned communities, and commercial in 5 states. He has raised over $60MM in debt and equity and produced over 1,500 housing units. Mr. Fedewa is no stranger to complex real estate transactions, executing deals as a buyer, a borrower and a lender. Fedewa has done transactions with a variety of financing sources from small high-net worth investors, to bank financing to a Kuwaiti pension fund. In the past few years, Fedewa has served as a Director at Crimson Capital Advisors, a related company, completing transactions involving distressed assets, and turn-around situations.

About Steve Ross:
Steve Ross has been a top real estate professional in the Washington, D.C. metro area for over 20 years and has been responsible for originating, funding and managing over $300,000,000 in real estate transactions. Mr. Ross' extensive resume includes licensed realtor, new home sales manager, mortgage banker, construction lender and portfolio manager. Having been involved in nearly every type of real estate transaction, his experience, resourcefulness and contacts have already paid dividends at R&F Commercial. Ross is an active member of the Real Estate Finance Committee for the Northern Virginia Builders Association.

About R&F Commercial Debt and Equity:
R&F Commercial Debt and Equity offers a more creative, less bureaucratic alternative to "traditional" commercial financing. The company assists clients in locating, processing and closing the most competitive capital available in the market place. R&F has its own capital sources, investors and reliable institutional partners that lead to responsible lending for rewarding results. The team specializes in evaluation, acquisition and operation of residential and commercial assets. This experience and history of successes in mortgage and lending along the East coast will enhance your next financial needs.

SOURCE R&F Commercial Debt and Equity