Richard Geisenfeld

Chief Executive Officer, Director at OptioLend
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Contact Information
us****@****om
(386) 825-5501
Location
Dayton, US

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Experience

    • United States
    • Financial Services
    • 1 - 100 Employee
    • Chief Executive Officer, Director
      • Jan 2019 - Present

      In mid-2018 one of the largest private real estate owners in the United States sought out to solve a very painful problem. Whether it was acquisition or refinancing, they kept coming back to a small network of lenders to provide debt. As an experiment, they reached out to over fifty lenders in an effort to finance the purchase of a small single tenant, triple net portfolio. To their surprise and (dismay) the interest rates varied as much as a full percentage point. This discovery… Show more In mid-2018 one of the largest private real estate owners in the United States sought out to solve a very painful problem. Whether it was acquisition or refinancing, they kept coming back to a small network of lenders to provide debt. As an experiment, they reached out to over fifty lenders in an effort to finance the purchase of a small single tenant, triple net portfolio. To their surprise and (dismay) the interest rates varied as much as a full percentage point. This discovery seeded the idea for OptioLend. The goal was simple. Automate and scale their discovery. The team eventually brought in data scientists from IBM, senior software architects from Lending Tree, and commercial mortgage veterans to build out this revolutionary platform. Show less In mid-2018 one of the largest private real estate owners in the United States sought out to solve a very painful problem. Whether it was acquisition or refinancing, they kept coming back to a small network of lenders to provide debt. As an experiment, they reached out to over fifty lenders in an effort to finance the purchase of a small single tenant, triple net portfolio. To their surprise and (dismay) the interest rates varied as much as a full percentage point. This discovery… Show more In mid-2018 one of the largest private real estate owners in the United States sought out to solve a very painful problem. Whether it was acquisition or refinancing, they kept coming back to a small network of lenders to provide debt. As an experiment, they reached out to over fifty lenders in an effort to finance the purchase of a small single tenant, triple net portfolio. To their surprise and (dismay) the interest rates varied as much as a full percentage point. This discovery seeded the idea for OptioLend. The goal was simple. Automate and scale their discovery. The team eventually brought in data scientists from IBM, senior software architects from Lending Tree, and commercial mortgage veterans to build out this revolutionary platform. Show less

    • Broker of Record - Managing Partner
      • Jan 2002 - Present

    • United States
    • Real Estate
    • 700 & Above Employee
    • Commercial Real Estate Agent
      • Jan 2000 - Jun 2005

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