Legacy Group Capital on their recent acquisition and future plans
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This week we are bringing you a sponsored episode recorded live in Scottsdale at The Gathering 2024. Our wonderful guests are Scott Rerucha, the CEO and co-founder of Legacy Group Capital, and Ed Messman, the CIO of Legacy Group Capital. Legacy Group Capital is a private lending company that helps builders and real estate investors acquire property more easily than traditional bank financing.
Scott brings over three decades of industry experience from several financial institutions throughout the Puget Sound Region. Ed has over two decades of executive leadership experience with venture capital and private equity-sponsored technology companies.
Legacy Group Capital recently announced its acquisition of Rook, a home equity investment company that focuses on providing innovative financing solutions for homebuyers. They discuss the rationale behind the acquisition and their hopes to focus on a group of homebuyers they call the “missing middle.” They also discuss housing affordability issues at large, the state of the market for real estate professionals, and their model to create solutions for young professionals with fractionalized mortgages.
Here’s a glimpse of what you’ll learn:
- Legacy Group Capital helps builders and real estate investors acquire property more easily than traditional bank financing.
- They specialize in finding real estate deals that can produce affordable housing.
- The company recently acquired Rook, a home equity investment (HEI) company, to offer innovative financing solutions for homebuyers.
- HEI products reduce down payments and monthly payments for more affordable housing options.
Related to this episode:
The Power House podcast explores the most critical topics in mortgage, real estate and fintech. A new mortgage or real estate executive joins the show each week to add perspective to the top stories crossing HousingWire’s news desk. Hosted by Clayton Collins and produced by the HW Media team.
