Private Lender Law, the New Jersey-based private lender division of the law firm of LaRocca Hornik Rosen & Greenberg and Partner Jonathan Hornik have announced the launch of a new website, www.PrivateLenderLaw.com.
The firm is dedicated to a full suite of legal services catered to the private lending industry, including the capability to close loans within a 24-hour period.
“Private lenders need an experienced partner to advise them on how to provide the best possible execution while meeting their clients’ expectations for service,” Hornik said. “Our thorough understanding of both lender and borrower needs provide us with a unique advantage to thoroughly and expertly serve the private lender market.”
The private lender law practice at LHR&G services clients in all 50 states, representing more than 50 lenders nationwide. Services include title review, licensing and regulatory review, private placements, co-lender and participation agreements, master loan purchase agreements, preparation of market loan documents, deal structuring, new product development, topical legal research and analysis, and foreclosure and workout advice on non-performing loans.
The firm has helped close more than $2 billion in private lender loans nationwide.
Hornik has been a recognized leader in the private lending space for more than 20 years. An accomplished transaction attorney, he serves as the co-chair of LHR&G’s real estate, real estate finance, and lease practicing groups in addition to his responsibilities as chair of the private lender practice group. He is also a three-term mayor of Marlboro Township.
“It’s one thing to know the law – it’s another thing altogether to understand the demands private lenders face from clients and brokers,” Hornik says. “That’s why our private lender law practice is built around what lenders and borrowers need to close loans.”