The Fund's principal place of business is 5959 Mission Gorge Rd, Suite 206, San Diego, CA 92120, USA.The Fund will operate as an asset acquisition and management company focused on Single Family & Multifamily value-add real estate operational and investment opportunities and doing fix-and-flips through non-conventional lending methods. We seek to take advantage of market opportunities in the areas of residential real-estate fix and flips and other renovation, redevelopment, and resale strategies. Over the past several years, Affiliates of AJX have spent considerable time and resources acquiring, developing, renovating, and improving residential real estate in various markets across the Midwest United States. Much of the trouble surrounding this industry is the access to capital in a timely and organized fashion which has proven difficult with traditional lending methods and hard money lenders. Equipped with this knowledge and experience, the Managing Member will be able to provide its Affiliates and certain qualified borrowers the capital quickly and efficiently so as to capitalize on opportunities in the market thereby increasing profits for the borrowers. Most, if not all, borrowers will not be able to borrow more than 75.0% of the ARV on the pledged asset; provided, however, that the Managing Member may, in its sole unfettered discretion, elect to lend up to 100% ARV depending on the strength of the Borrower.
Jeremy Cisneros is a multifamily syndicator, General Partner across 950+ units, and Managing Director of AJX Capital. Previously, he was an originator, underwriter, and closer for a nationwide commercial real estate lender specializing in ground-up construction bridge loans. During his tenure, he originated over $450 million of commercial loans, while managing a portfolio of $250 million during the pandemic. Preceding his banking role, Jeremy owned and operated several franchises, including seven McDonald’s locations throughout Manhattan. His experience as a hands-on operator has ingrained him to look beyond the P&L. Creating financial models is one component, but understanding and ensuring these projections become reality is most critical. As a real estate Limited Partner investor himself and prior business owner, he understands the grave importance of investing your hard-earned dollars. He takes a methodical approach to financial modeling and conservative forecasting to ultimately reduce risk for his investors and partners.
Lilian have over 40 combined years of real estate experience, having completed close to $500mm worth of business since joining forces. Their success story is built upon dedication to establishing great relationships in every community they operate in and following through on commitments. In their free time, Lilian regularly give back to their communities through building homes with Habitat for Humanity. Since recently transitioning to a fully remote operation, Lilian have donated the use of their former office spaces to charitable organizations free of charge.
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