PCMA Announces Continued Nationwide Expansion with the Additions of Illinois to our Lending Footprint

News Direct

Apr 19, 2022

–News Direct–

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of Illinois – Company NMLS ID: 237710. The expansion of Private Client Lending into Illinois highlights the extraordinary growth of PCMA and the continued growth in the Illinois luxury housing market.

2021 set a luxury home sales record with the sale 3,480 homes sold for a $1MM or more in the city of Chicago and the surrounding seven counties in 2021 according to Crain’s; an increase of almost 20% from 2020. More than 100 sold for $4MM or more in 2021, more than double sales in that price category from last year.

“High Net Worth households have complicated and diverse estates, that are fueled by the economic growth in the stock market, making it no surprise to see the rapid uptick in ultra high net worth realty,” said John R. Lynch, CEO and Founder of PCMA. “At PCMA, we are honored to work with the distinguished Private Clients of Illinois, giving them access to credit services that celebrate their success without the friction of traditional lending.”

PCMA’s expansion into the Illinois’ market comes on the heels of both internal and external growth of the company. PCMA continues to experience an unprecedented growth of high-net-worth originations at a record pace in 2022 even in the face of rising interest rates.

“If you only focus on traditional mortgage channels, you will notice that luxury real estate has been mostly trading on all cash offers,” said Lynch. “Paying all cash for a luxury property is not ideal for the high net worth, so we created The Collective, a streamlined approach to asset-based lending removing the need to pay all cash, collateralize or pledge vested holdings. These bespoke flexibilities were not available to the High-Net-Worth Communities of Illinois prior to our expansion.”

About PCMA

PCMA is a vertically integrated Asset Origination and Convexity Management firm that specializes in Structured, Super Prime, Non-Agency, Private Client Credit. With its captive origination unit, PCMA has become the leading Non-Bank Private Client Lender in the U.S. What began as a linear venture has morphed into a vertical organization and industry leading incubator of ideas pushing the boundaries of innovation in high-capacity financial services. PCMA offers qualified individuals and institutions bespoke lending and advisory services across all major credit, and residential asset classes. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.mortgage & www.pcma.us.com

Forward-Looking Statements

This release may contain “forward-looking statements,” which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as “outlook,” “anticipation”, “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate”, “preparing” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would” and “could.” These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, current plans, anticipated actions, financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. The Company does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law.

Contact Details

PCMA Private Client

Jason Jepson

+1 949-394-7033

jason.jepson@pcma.us.com

Company Website

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