Established real estate executive will bring CrediVia to financial
institutions, developers and investors
RALEIGH, N.C.–(BUSINESS WIRE)–#CRE—CrediVia,
a marketplace driving smarter decisions and real relationships in
hospitality financing, welcomes Michael
J. Richardson as chief commercial officer. With nearly two decades
of experience in commercial real estate information, serving the
nation’s largest financial institutions, Richardson will lead the
maturation strategy of CrediVia’s expanding platform.
A successful veteran of early stage businesses, Richardson comes to
CrediVia after more than 15 years at Reis, where he worked directly with
all major lenders in the U.S. commercial real estate market and helped
build one of the most trusted brands in U.S. commercial real estate.
Under Richardson’s sales leadership, revenues at Reis grew tenfold,
leading to a terminal valuation of $278 million upon acquisition by
Moody’s Corporation in October 2018.
“Michael is well known as an expert in commercial real estate
finance,” said Anuj Mittal, CEO and co-founder of CrediVia. “As we
continue building out an intelligent marketplace to reinvent the CRE
financing experience, Michael is uniquely positioned as a trusted
advisor by lenders throughout the nation to help bring them together
with borrowers for long-term, mutually beneficial relationships.”
“I am excited to join a team that is committed to having a positive
impact on lenders and borrowers,” added Richardson. “The market is
hungry for the efficiencies that CrediVia now offers. By compressing
financing timelines, CrediVia will have a favorable effect on deal flow
and lifestyles throughout our industry.”
CrediVia is a cloud-based platform that directly connects hospitality
lenders and borrowers, allowing them to have the greatest potential for
mutual success. The online marketplace keeps the application process
simple, fast and transparent without sacrificing the loan’s integrity.
CrediVia becomes borrowers’ return source for new financing, and
lenders’ reliable partner for loan relationships right for their
portfolio. Visit CrediVia.com
or follow @CrediVia
for more information.