Patch of Land (POL) is a crowdfunding solution for real estate financing that brings borrowers and lenders together through a simple online interface. Patch of Land’s goal is to solve the problem of inefficient, fragmented, and opaque real estate lending by using proprietary technology and data-driven processes to create transparency and efficiently underwrite projects. We offer accredited investors the ability to easily diversify their funds while helping borrowers gain access to money for rehabilitating properties in need. In fact, we prefund every loan with our own money so we look at each investment opportunity as if our own skin was in the game - because it is. This way, borrowers receive the funding for their projects without delay, while lenders can start earning interest on their investment right away.
Patch of Land fills the void in between slow, over-regulated banks, and hard money lenders that cannot supply timely or consistent sources of capital. Our transparent, simple and efficient solution allows accredited investors to easily diversify their funds while giving borrowers reliable access to funds for rehabilitating properties in need. Together with our marketplace of investors and borrowers, we facilitate the work of rebuilding neighborhoods, increasing property values, creating jobs, and stimulating local economies throughout the nation. For more information about Patch of Land please visit www.PatchofLand.com
Product Video Link - (https://youtu.be/g-XQOXGYI_8)
Our 3 Founders Bios and Links are Below:
Jason Fritton (Co-Founder & CEO)
Bio - Jason leads operations, ensuring that the company's due diligence practices and client services are best in class. Jason has been involved with crowdfunding legislation since its beginning and worked with Congressmen to lobby for the crowdfunding exemptions that were written into the 2012 JOBS Act. He also founded and developed a telecommunications design and procurement firm active in the public sector, managing a major build-out for the U.S. Army. Jason has over ten years of experience managing and quickly growing startup companies. Previously Jason has served as Director of Digital Marketing at a high volume national retail company. He has studied molecular biology, philosophy, and history at Cornell College.
Brian Fritton (Co-Founder & CTO)
Bio - Brian oversees the development of Patch of Land's platform and technology initiatives. His experience with creating business efficiencies through intelligent technology allows Patch of Land to enjoy high quality, effective resources that make responding to significant scale an opportunity instead of a problem. Brian additionally applies process to sales, acquisition and other segments of the Patch of Land ecosystem to create autonomy in operations and dependable systems.
Previously, Brian worked for a major search engine where he architected customer-facing products, developing enterprise-grade APIs, and built custom billing & audit systems. Brian also worked with an eCommerce solution provider leading the development of websites for brands such as Maui Jim, Warner Music Group, Ghirardelli & Anna's Linens. Brian is an active member of the global invite-only Young Entrepreneurs Council, speaks often on technology's role in startups and received a Bachelors in E-Business from Chicago's DePaul University. Brian started his first web design company at age 15, getting his mother to sign the LLC papers on his behalf.
Carlo Tabibi (Co-Founder & Chairman)
Bio - Carlo executes Patch of Land’s vision of bridging the gap between traditional investing and the new world of crowdfunding.
For over 20 years, Carlo has operated, developed, and invested in real estate, both domestically and overseas, dealing in over $200M in transactions to date. For the past 5 years, he has lent to real estate operators through the hard money marketplace. Carlo has also helped build multiple online retail businesses.
At Tabcom.com, which generates $80M in revenue annually, he was a co-founder, held multiple positions and is currently a board member. Additionally, Carlo has actively invested in technology companies for over 15 years.
With over 20 years of cross-sectoral, cross-functional leadership experience, Carlo aims to harness his wealth of experience to help guide and build the future of Patch of Land. Carlo holds a BS in Real Estate & Finance from the University of Southern California, and studied law at Loyola Law School.
Team Photo - (https://patchofland.com/our-blog/wp-content/uploads/2015/03/PoL_Thanks_Again.png)
Team Page - (https://patchofland.com/about/team/)