Lance manages the overall operations of direct hard money lender, Paces Funding, the largest hard money lender in Atlanta. He oversees the Team or personally handles the marketing, originating, underwriting, and loan servicing efforts for Paces Funding.
Here is a little more about Lance.
Lance, a native Atlantan, Graduated from the University of Alabama with a degree in Business Administration.
After graduating, Lance moved to Sarasota, Florida where he began working for Bank of America in their management training program for commercial lending and branch management. He stayed in the banking industry for 10 years concentrating on commercial and residential lending. During this time, he realized his strong interest in real estate, and he began building and rehabbing homes as investments. He also started several private investment partnerships that held rental homes and commercial space while rehabbing homes.
After his tenure in the Banking Industry, Lance co-founded Surety Land Title of Florida where he quickly grew the company to 5 offices and concentrated on extensive real estate closings. During this time, he was successful in forming partnerships that concentrated on larger and more diverse real estate portfolios. These investments included commercial properties, single family homes which needed rehabbing, short and long-term rentals as well as other income producing and multi-family properties.
After selling his shares of the title company, he moved back to Atlanta and began rehabbing older homes as well as managing his own investment properties. Lance utilized asset-based lending similar to Paces Funding to gain an advantage in the market resulting in quick purchases and quick turnarounds. Soon after, he was asked as a consultant to help a private investment group with acquisitions and due diligence of investment properties overseas.
In 2013, Lance was asked to manage a Real Estate Fund that concentrated on the acquisitions, dispositions, and management of luxury properties globally.
On behalf of Paces Funding, Lance looks forward to servicing all of your private lending needs.