Office address: 75 Gerber Rd East, Suite 102, South Windsor, CT 06074
Website: www.rcncapital.com
Year established: 2010
Company type: financial services
Employees: 130+
Expertise: rehab loans, commercial loans, real estate financing, private commercial real estate loans, commercial loans for non-owner occupied real estate, long term rental loans, and fix and flip
Parent company: N/A
CEO and key people: Jeffrey Tesch (CEO), Justin Parker (CFO), Debbie Ordille (COO), Erica LaCentra (CMO), Mark Blake (CTO), Chris Dorin (SVP of sales), Marc Heenan (MD, growth and strategy)
Financing status: private debt financed
RCN Capital is a real estate investment lender based in South Windsor, CT. The company provides private direct lending, refinancing, purchasing, bridge funding, and more. They have a license to operate across 45 states and a staff of over 130 employees.
RCN Capital was established in 2010 and would set out to focus on dependable financing solutions in the non-owner occupied residential and commercial property market. Over the years, they have provided bridge financing and real estate-backed lines of credit, filling a market gap during the post-recession credit crunch. As the banking industry faced heightened regulations, RCN capitalized on the demand for quick, reliable funding in dynamic real estate markets.
RCN Capital offers an array of products and services designed to meet customer’s requirements. Key offerings include:
RCN Capital culture focuses on employee satisfaction, professional wellbeing, and community engagements. The company takes care of its staff through comprehensive benefits, including:
RCN Capital actively supports local communities, notably when they sponsored Superhero Day at Connecticut Children’s and organized toy drives for their Amazon wish list. They extend their philanthropic efforts to satellite offices, hosting food drives and collecting back-to-school supplies to support educational initiatives. These activities show their local ties and support in making a positive impact across various communities.
Jeffrey Tesch, the CEO of RCN Capital, has been instrumental in shaping the company's strategic direction. Tesch’s work history in real estate included investments in various properties from single-family units to commercial retail centers spanning both residential and commercial sectors. He earned a Bachelor of Science in Business Management from Southern Connecticut State University.
Supporting Tesch in the company’s operations is a team of experienced professionals and executives. These key individuals include:
RCN Capital has been continuing to advance its strategic position within the private lending sector. Aligned with this is the appointment of Marc Heenan to the company as the new managing director of Growth and Strategy. In this role, Heenan is focused on developing better loan products and making strategic partnerships to improve RCN's offerings and expanding their market reach.
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