David originates, structures and underwrites residential and commercial loans. Prior to joining Boomerang, David was Vice President at Western State Bank and Assistant Vice President at First Bank of Arizona. He received his BS in Business Management / Entrepreneurship from Arizona State University and his MBA from Benedictine University in Mesa, Arizona. David is a fifth generation Arizona native and resides in Mesa with his wife and three children. He is involved in the community as a member of Rotary Club International, a board member for Mesa United Way, and several other charities throughout the Phoenix valley.
Get to know Boomerang's approach and insights into hard money lending and how to invest in this interesting and evolving space.
Boomerang has navigated the fix-and-flip markets over the last fifteen years and the various cycles that have come over that period. Investors have enjoyed stable returns with low volatility while borrowers have appreciated relationship lending.
The Fund is structured as a REIT.
Speakers: Rob Jafek, David Nielsen, and Allen Marsh
This presentation will be an industry outlook and overview. For those wanting to learn more about the specific Boomerang approach, offering and results, a separate presentation will be held in May.
Boomerang Capital provides asset-based loans to borrowers with a focus on the Western states. Started in 2006 and lending throughout past and current crises, borrowers appreciate relationship lending with transparent pricing while LPs enjoy strong yields with low volatility via a REIT structure.
Boomerang Finance did not stop lending through the Pandemic. Join us in this keynote for:
Speakers: Rob Jafek and David Nielsen
Asset based loans, also called hard money loans, are widely used by real estate investors who appreciate fast approval with more flexibility and less invasive documentation. Hard money loans look first to collateral whereas traditional bank loans are based on cash flow.
Join us to explore this fascinating niche in the lending market.
Speakers: Rob Jafek and David Nielsen
Boomerang Finance, LLC (the “Fund”) has an investment objective of providing income with limited variability in returns. This is accomplished by providing short-term, business-purpose loans secured by real estate in a first lien position with the additional protections of a personal guarantee from borrowers and cross collateralization. All loans are self-originated, and risk managed through careful underwriting, thoughtful portfolio construction and consistent servicing. The majority of borrowers are return clients. Exposure is broad-based, and the Fund is structured as a REIT.