(Shepherd’s Finance, LLC is a Delaware-organized limited liability company focused on commercial lending within the residential construction and development industry. Headquartered in Jacksonville, Florida, Shepherd's Finance operates under the leadership of Chief Executive Officer Daniel M. Wallach, who also serves as a Manager on its Board. With expertise rooted in over three decades within the housing sector, Mr. Wallach previously functioned as CFO for 84 Lumber Company, steering significant secured lending initiatives and managing extensive loan creation and default resolution. The company capitalizes on market niches that have emerged due to reduced bank participation in builder financing, providing crucial financial support to small-to-medium sized home builders.
With a total offering capacity of up to $70 million in notes, Shepherd’s Finance is committed to supporting business expansion through real estate acquisition and managing debt obligations. Managed under Delaware law, these notes are general unsecured obligations subordinate to senior debts, contingent on the company's operational success and financial management. As of June 30, 2015, the total outstanding subordinated debt including new note offerings amounted to approximately $6.691 million alongside $829,000 in senior debt. Corporate governance is managed by a Board comprising Mr. Wallach and three independent Managers—Bill Myrick, Eric Rauscher, Kenneth R. Summers.
Founded initially as 84 RE Partners LLC in Pennsylvania, the firm rebranded to Shepherd's Finance in December 2011 following its separation from 84 Lumber Company and restructured under Delaware regulations by March 29, 2012. The company’s comprehensive business activities focus on navigating market fluctuations and securing growth opportunities within its niche lending environment.)
KEY FACTS ABOUT SHEPHERD'S FINANCE, LLC
-
US Businesses
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Companies in Florida
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Duval County Companies
- Company name
- SHEPHERD'S FINANCE, LLC
- Status
- Active
- Filed Number
- M12000005159
- FEI Number
- 364608739
- Date of Incorporation
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September 13, 2012
Age - 13 years
- Home State
- DE
- Company Type
- Foreign Limited Liability
CONTACTS
- Website
- http://shepherdsfinance.com
- Phones
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(302) 752-2688
(412) 422-1611
SHEPHERD'S FINANCE, LLC NEAR ME
- Principal Address
- 13241 Bartram Park Blvd,
Suite 2401,
JACKSONVILLE,
FL,
32258,
US
See Also