Patch of Land Reaches 3 Key Milestones in Q1: $100m in Origination, Over $25m Returned to Investors, Introduces New Products

March 24, 2016 Noell Hernandez

2016 has is already off to a great start for Patch of Land! To date, we have originated over $100 million in short-term loans for real estate professionals who purchase, rehabilitate and refinance undervalued residential and commercial properties. This milestone is paired with another important statistic -- returning over $25 million in principal and interest to investors. We're continuing to expand our reach by offering a 24-36 month 'mid-term' product, which fulfills a growing need for medium term lending options. This new product offering will continue to help build wealth and grow communities.

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