In 2024, Fred Assini celebrated his 37th year in the real estate industry and has been steering Alpha Tech Lending as its Chief Executive Officer since 2019. This private asset-based lender, established in 2007 in the Northeast United States, facilitates easy and affordable access to direct capital for real estate investors, brokers, and referral partners nationwide. The company, with headquarters in New York and Boca Raton, Florida, has significantly expanded under his leadership.
Fred and his team have cultivated a strategic approach to the complexities of real estate projects and lending processes. They are committed to delivering timely feedback, the ideal loan fit for each project, transparent terms, and professional support to ensure the success of every project.
Alpha Tech Lending's portfolio includes several tailored loan programs, such as Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. Their Fix & Flip loans assist investors in buying and refurbishing properties to maximize returns, while New Construction Loans provide competitive financing for developers embarking on new projects.
For investment in properties that generate rental income, their specialized DSCR Loans are designed for residential, mixed-use, and commercial properties, assessing the potential profit the property is expected to make. Their Bridge Loan program offers short-term funding solutions for clients in transition to permanent financing, and the Tru No Doc Loan program bases qualification on the collateral's value rather than the borrower's credit score or financial standing.
He also ensures that mortgage brokers and consultants have robust opportunities for business growth through the Alpha Tech Lending Registered Broker Partner Program, which offers access to specialized financing options and a comprehensive support structure.
Earlier in his career, Fred founded First Rehab Lending in 2012, a firm that provided nationwide short-term commercial loans for residential real estate investments. Under his leadership, the company emphasized rapid service and strong client relationships, fostering long-term connections by focusing on quality service and competitive pricing.
Before his tenure at Alpha Tech Lending, Fred established and led Franklin First Financial starting at age 27. Under his direction, the company expanded its licensing to 40 states and was recognized as one of the top U.S. mortgage makers, excelling in diverse mortgage lending practices.
Fred's broad experience also includes managing a general contractor company, which enhanced his understanding of client needs, especially in the fix-and-flip sector, where he has completed nearly 100 renovations. His contributions to the industry have been recognized with numerous awards, and he remains actively involved in various real estate lending organizations.
Aside from his professional pursuits, Fred is a committed philanthropist, sponsoring numerous charity events. When not working, he enjoys spending quality time with his family, playing golf, traveling, and maintaining a health and wellness routine. Born in Brooklyn, New York, Fred Assini graduated from Saint John's University with a degree in finance, which led him into the world of private lending.
Portfolio 1: https://fred-assini.com/
Portfolio 2: https://fredassinisr.com/
