Fred Assini, the Chief Executive Officer of Alpha Tech Lending, celebrated his 37th year in the real estate industry in 2024. He has been steering Alpha Tech Lending 2019, a national private asset-based lender that streamlines access to capital for real estate investors, brokers, and referral partners. Founded in the Northeast United States in 2007, the company now boasts a nationwide presence with headquarters in New York and Boca Raton, Florida.
Under his leadership, Alpha Tech Lending has flourished over the last five years, demonstrating a strategic and passionate approach to business growth. Fred and his team understand the intricacies of projects and the complexities of the lending process. They commit to making every project successful by offering timely feedback, the right loan for each project, transparent terms, and professional support.
Alpha Tech Lending provides various loan programs catering to diverse real estate market needs. These include fix-and-flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. Fix-and-flip loans are designed to help investors purchase and renovate properties to maximize returns. At the same time, New Construction Loans provide funding for acquiring, developing, or constructing projects from the ground up.
The company also specializes in DSCR (Debt Service Coverage Ratio) Loans, targeting investments in properties like buildings or houses. Eligibility is based on the expected profitability of the rental property. For commercial real estate needs, it offers financing for office spaces, retail locations, warehouses, self-storage, and automotive properties.
Alpha Tech Lending's Bridge Loans offers short-term funding for clients transitioning to permanent financing, and its Tru No Doc Loan program approves loans based on the value of the collateral without requiring detailed financial disclosures from the borrower.
In addition to these services, Fred Assini has established the Alpha Tech Lending Registered Broker Partner Program, which allows mortgage brokers and consultants working with real estate investors to expand their businesses through access to various financing options. This program features a competitive compensation model and robust partner protection.
Previously, Fred founded First Rehab Lending in 2012, providing short-term commercial loans to facilitate the purchase of non-owner-occupied residential real estate. This venture emphasized rapid service and long-term client relationships through high-quality service and competitive pricing.
Earlier, at the age of 27, Assini launched and led Franklin First Financial until December 2018. Under his direction, the company expanded its license to 40 states and was acknowledged as one of the nation's top mortgage lenders. His leadership involved pioneering marketing strategies and a strong focus on customer service powered by advanced technology and a diverse range of financial products.
Assini's career is also marked by his management of a general contractor company, which enhances his understanding of his clients' needs. Throughout his career, he has completed nearly a hundred fix-and-flip projects and has been actively involved in various real estate lending organizations, earning numerous awards.
A dedicated supporter of local and national charity events, he invests his time in community and golf outings and makes significant charitable contributions. Born in Brooklyn, New York, and a finance graduate from Saint John's University, Fred Assini is a family man who enjoys golf, travel, and maintaining his health and wellness.
