Kevin Kim, securities attorney and partner at Fortra Law, spoke with Rocky Butani to share some insights about private mortgage funds and the secondary market for private lending in early 2025. Kevin specializes in fund formation and has assisted tons of private lending companies with securities and capital raising legal matters.

Visit Fortra's profile on PrivateLenderLink.com to learn more and to contact them:

https://privatelenderlink.com/profile/fortra-law/?utm_source=lender-link-podcast

Connect with Kevin Kim on LinkedIn: https://www.linkedin.com/in/kevinkimesq/

This interview is Episode #10 of the Private Lending Insights Podcast: https://podcast.privatelenderlink.com/

00:00 Introduction

00:49 Guest Intro Kevin Kim

01:41 2024 Market Trends

03:20 Raising Capital Overseas

04:14 Post Election Sentiment

06:12 Investor Misconceptions

08:25 Balance Sheet Lending

10:23 Why Choose a Fund

12:53 Trends Since 2020

14:53 Non Conforming Loans

16:45 Secondary Market Shifts

18:56 Why You Still Need a Fund

19:48 Structuring for Foreign Capital

21:52 Where Investors Are Coming From

23:48 Offshore Investor Returns

25:10 Rise of Regional Lenders

27:08 Lending Across States

28:50 Bank Credit Line Trends

31:18 Switching to Debt Funds

33:03 2025 Market Predictions

36:24 Will There Be Enough Deals

38:30 Looser Terms and Risk

41:00 Real Volume vs DSCR

42:20 DSCR Funded Loans

44:27 Final Thoughts and Events