QuietStream Financial Sells Fairview’s Trader Tool to CMBS.com

For Immediate Release
Media Contact:
Wes Grasty
(704) 973-7387
wgrasty@qsfllc.com

QuietStream Financial Sells Fairview’s Trader Tool to CMBS.com
Charlotte-based software firm achieves successful exit for technology investment

Charlotte, North Carolina— QuietStream Financial is pleased to announce the sale of Fairview’s Trader ToolSM to San Francisco-based CMBS.com for an undisclosed sum. Fairview Real Estate Solutions, a QuietStream Financial portfolio company, re-underwrote over 80,000 CMBS loans and developed a proprietary, web-based software to deliver its commercial loan underwriting and commentary. “We’re extremely excited to get this game-changing software in the hands of a well-established and highly respected technology company like CMBS.com; we both operate in the same space, so this transaction made all the sense in the world,” says QuietStream CEO Rob Finlay. QuietStream and its portfolio of companies, including Defease with Ease®, Investor Management Services, and Tax Credit Asset Management, develop technology and back office solutions for sponsors, institutional investors and retail investors in the commercial real estate space.

Similarly, CMBS.com’s commercial loan underwriting and asset management software, Backshop, has been favored by major financial institutions for over a decade. CMBS.com’s CEO, Jim Flaherty, commented: “Fairview’s Trader Tool does a nice job of organizing data, analyzing almost all outstanding CMBS loans, and presenting it in a user-friendly format. We’re looking forward to merging it with our tools and expanding our product offerings for existing and new customers alike.”

As part of the acquisition of Fairview’s Trader Tool, CMBS.com also will get a valuable source of local commercial real estate intelligence and data in Fairview’s Broker Network. The broker network is comprised of one hundred twenty seven independent commercial real estate brokerage firms in primary, secondary and tertiary markets throughout the United States. Said Finlay, “Unlike some data gathering models that bring data in and provide nothing in return, members of Fairview’s Broker Network join a powerful referral network and receive data from which they can develop leads in exchange for sending data into the system. Such a symbiotic relationship leads to better more reliable data.”

About QuietStream Financial
QuietStream Financial, LLC is a commercial real estate technology and services company headquartered in Charlotte, N.C. The organization provides acute detail and expertise in technology, alternative asset management services and structured finance products for commercial real estate owners, brokers, financial institutions and investors. To learn more visit www.quietstreamfinancial.com.
About CMBS.com
CMBS.com, Inc. is a commercial real estate technology and data company headquartered in Sausalito, CA. Our clients include CRE enterprises, professionals, and owners. Learn more at www.cmbs.com and www.backshop.com.

 

QuietStream Financial Announces Successful Exit From Radian Generation

Charlotte, NC – QuietStream Financial (QuietStream), a privately held company headquartered in Charlotte, North Carolina, today announces that it has successfully exited its investment in Radian Generation (RadianGen) through a new round of growth equity investment by Solar Plus International (Solar Plus).

RadianGen is an independent asset management and O&M firm headquartered in San Francisco. The company provides comprehensive software and services to solar project owners across the United States and has plans to expand into Europe and Asia. Chad Sachs, CEO of RadianGEN, said “This investment provides us with the funding and strategic support to ensure that we can continue to grow with customers and remain a leading solar service provider.”

QuietStream first invested in RadianGen in September 2013.  Rob Finlay, CEO of QuietStream and former member of the RadianGen board of directors, remarked, “The redemption of QuietStream’s 60% interest in RadianGen for a 3x multiple in just two and half years showcases our team’s skill in taking a good idea and solid management team from start-up to market leader to successful exit in a very short period of time. We believe RadianGen has found a great partner in Solar Plus for the next phase in its growth and development, and we wish them well.”

About QuietStream Financial

QuietStream Financial is a national real estate services company headquartered in Charlotte, N.C. The organization provides acute detail and expertise in alternative asset management services and structured finance products for commercial real estate owners, brokers, financial institutions and investors. To learn more visit www.quietstreamfinancial.com.

QuietStream Network Welcomes Bradley Company to Network of Commercial Real Estate Brokers

  Charlotte, NC — November 16, 2015 — QuietStream Network, a QuietStream Financial portfolio company, announced today that Bradley Company of South Bend, IN, will be joining their network of commercial real estate brokers. Bradley Company is a diversified commercial real estate services firm with a 35-year history and eight offices located throughout Indiana and […]

Managing Director Nikki Vasco named to Real Estate Forum’s prestigious Women of Influence list

QuietStream Financial Managing Director Nikki Vasco has been named one of 50 Women of Influence in the commercial real estate industry by Real Estate Forum, a leading publication for real estate professionals.

Nikki

Nikki Vasco is a managing director at QuietStream Financial.

Vasco leads QuietStream Financial portfolio company FullCapitalStack as its chief investment officer in addition to her role as a managing director. FullCapitalStack, a real estate crowdfunding platform, serves institutional and accredited individual investors with online investment offerings from independent sponsors across the U.S.

“I’m so glad the commercial real estate industry recognizes something we have known for a long time — that Nikki is a world-class real estate and financial-services professional who is leading an innovation movement in our industry,” QuietStream Financial CEO Robert J. Finlay says. “Nikki brings energy, intellect and determination to our office, and I’m certainly glad she is part of the QuietStream Financial team.”

Vasco was selected for the Real Estate Forum Women of Influence honor from a field of more than 350 nominees, underscoring her place as one of the most successful professionals in the commercial real estate industry.

At QuietStream Financial, Vasco is the most-senior female member of the executive management team and has helped the company expand from inception to a diverse portfolio of businesses with more than $10 billion in assets under management.

Vasco’s career accelerated in the 1990s when she served an instrumental role in the creation of risk-based pricing for CMBS as head of CRE pricing at First Union Securities (now Wells Fargo). She was promoted to run structured finance for all asset classes including consumer, CDOs, non-agency mortgage, transportation and other esoterics.

“I am humbled to be recognized for what has been a career of great fortune and surreal experiences,” Vasco says of the honor. “I owe a great deal of gratitude to the companies, friends, mentors and family members that gave this girl from Latrobe, Pennsylvania the opportunities which instilled confidence and allowed me to grow.”

Vasco holds a Bachelor of Science degree in Applied Mathematics from the University of Pittsburgh. She resides in Charlotte, North Carolina with her husband, Mark, sons Nick and Anthony, and the family dog, Maggie.

###

About QuietStream Financial

QuietStream Financial is an innovative portfolio of businesses serving commercial real estate owners, investors, borrowers and related professionals. Founded by CEO Robert J. Finlay, the company operates a portfolio of subsidiary businesses that provide a host of services, including investor management, fundraising, CMBS research and underwriting, defeasance, crowdfunding, marketing and other alternative asset management services. QuietStream Financial has more than $10 billion in assets under management and 100 employees. The firm is based in Charlotte, N.C. To learn more visit www.quietstreamfinancial.com.

Statement on the loss of board member Joseph Trustey

Commercial Defeasance and QuietStream Financial mourn the loss of board member Joe Trustey. He was a valued advisor and good friend. Our hearts are breaking for his wife and colleagues, and our thoughts and prayers are with them.

QuietStream Financial and FullCapitalStack featured on NBC Charlotte

QuietStream Financial portfolio company FullCapitalStack was recently featured on NBC Charlotte’s 6 p.m. newscast.

NBC_CharlotteNBC Charlotte’s anchor and reporter Dianne Gallagher visited the QuietStream Financial headquarters in Charlotte to learn how QSF and its portfolio companies Investor Management Services and FullCapitalStack are helping clients raise capital for real estate projects using online investor management platforms.

The segment which aired Friday, July 17 concentrated on the SouthPark City Homes offering, which is raising $1.7 million in preferred equity for developer Saratoga Asset Management.

Enjoy the video:

FullCapitalStack Launches Groundbreaking $1.7 Million Offering for Charlotte Townhomes

FullCapitalStack, a QuietStream Financial portfolio company, has launched a $1.7 million preferred equity offering for the construction of 27 luxury townhomes in Charlotte’s upscale SouthPark neighborhood.

An artist's rendering of the SouthPark City Homes project.

An artist’s rendering of the SouthPark City Homes project.

The offering is one of the first Charlotte real estate projects to tap equity crowdfunding as part of its capital structure. FullCapitalStack’s online investment platform will make the offering accessible to all accredited investors in the U.S. Accredited investors are individuals with more than $200,000 in annual income or a net worth in excess of $1 million.

Charlotte-based developer Saratoga Asset Management (“Saratoga”) will sponsor the project, partnering with Charlotte-based homebuilder Alan Simonini Homes as the lead builder. Saratoga has contracts in place on four residential lots totaling 2.62 acres along Fairview Road in the SouthPark area. The upscale development, to be called SouthPark City Homes, will be constructed and sold over an estimated 28-month period concluding in late 2017.

“We are excited to launch this offering in our hometown to help local accredited investors access equity in a first-class Charlotte development,” FullCapitalStack Chief Investment Officer Nikki Baldonieri says. “Historically, real estate owners have been limited to raising equity capital from friends and existing contacts. Our online platform removes barriers and leverages technology so accredited investors can easily access, research and execute direct investments in real estate projects.”

The SouthPark City Homes development will consist of six separate buildings of either four or five units for a total of 27 luxury townhome units. Each three-story townhome will be approximately 2,761 square feet, with four bedrooms, 3.5 bathrooms, and a two-car garage. Amenities and features will include stainless steel appliances, hardwood and ceramic tile flooring, garden bathtubs, walk‐in closets, granite counter tops, fireplace, optional elevator and more.

“Working with FullCapitalStack allows us to broaden our relationships and present this project to the entire community of eligible investors, rather than just the partners in our existing circle,” Saratoga Asset Management Managing Partner Raymond Wetherington says. “This will be a development the SouthPark community can be proud of, and now it is a project neighbors can own a portion of as well.”

The SouthPark City Homes offering will begin accepting investments on July 15. Accredited investors can learn more, download complete investment details and read all disclosures at investments.fullcapitalstack.com.

About FullCapitalStack
FullCapitalStack, part of the QuietStream Financial portfolio, is an online investment portal for institutional and accredited investors seeking to invest in commercial real estate. FullCapitalStack provides investors unparalleled access to direct investments in office, multi-family, retail and other commercial real estate projects. In addition to its own exclusive listings, FullCapitalStack showcases investment offerings via partnership with Investor Management Services, a leading provider of online fundraising platforms for commercial real estate sponsors across the U.S. Visit FullCapitalStack at http://www.FullCapitalStack.com.

About QuietStream Financial
QuietStream Financial is an innovative portfolio of businesses serving commercial real estate owners, investors, borrowers and related professionals. Founded by CEO Robert J. Finlay, the company operates a portfolio of subsidiary businesses that provide a host of services, including investor management, fundraising, CMBS research and underwriting, defeasance, crowdfunding, marketing and other alternative asset management services. QuietStream Financial has more than $10 billion in assets under management and 100 employees. The firm is based in Charlotte, N.C. To learn more visit http://www.quietstreamfinancial.com.

Are You Ready for 204 Million New Investors?

By Robert J. Finlay — Chief Executive Officer

We recently marked a historic moment in American business as new SEC rules adopted last March became effective.

Robert J. Finlay is the founder and CEO of QuietStream Financial.

The new rules under Title IV of the JOBS Act lower barriers to raising equity capital for entrepreneurs and small companies by creating a simplified registration process for securities offerings of up to $50 million.

However, in my view, the most compelling aspect of the new rules is the potential to dramatically expand the pool of eligible investors. Accredited investors (those making more than $200,000 per year with a net worth $1 million excluding their primary residence) could already make investments. Reg A+ adds the rest of the entire general public to the pool of eligible investors, but with one limitation. There is no limit on how much a non-accredited investor may invest in a Tier 1 offering (offerings up to $20 million), but non-accredited investors are subject to a limit of 10% of the greater of their annual income or net worth on the amount they may invest in Tier 2 offerings (offerings up to $50 million).

To give you an idea of the magnitude of this change, there are estimated to be 8.6 million accredited investors in the United States. According to United States Census Bureau statistics, there are approximately 204 million people 18 years and older who are not accredited investors. In other words, the pool of eligible investors just increased almost 24 fold!

The other exciting aspect of Reg A+ is that it creates the framework for a secondary market in securities issued under Reg A+. Lack of liquidity was previously a factor that kept many eligible potential investors out of the market. The removal of transfer restrictions (except with respect to affiliates of the issuer) should also stimulate investment.

We are laser-focused on how these developments will affect your business. Our team of professionals at QuietStream Financial, Investor Management Services, and FullCapitalStack will monitor offerings, interpretations and enforcement actions under these new rules and provide you with periodic updates.

In the meantime, please take a moment to review our crowdfunding regulations chart, which summarizes various regulations governing raising capital.