Macoy Capital Partners, Inc.
Loan Broker
Macoy Capital Partners, Inc. is a privately-held California corporation licensed by the California Bureau of Real Estate [CalBRE#01851634] and endorsed by the Nationwide Multistate Licensing System & Registry [NMLS#338666]. The company was founded in 2008 with the purpose of creating opportunities for qualified individuals to achieve their financial goals who may not otherwise be able to do so through traditional lenders.
Macoy Capital Partners, Inc. brings more than 20 years of experience in the mortgage industry to broker private money transactions for business-purpose real estate loans secured by 1-4 unit residential property. It also funds commercial and construction loan transactions, including ground-up and fix-and-flip.
It works with borrowers to determine their financial needs and goals and to explore multiple avenues of financing. Macoy also works with lenders to identify their investment goals and to create successful matches between borrowers and lenders. Its goal is to provide the best solution for each borrower – even when that means facilitating and transitioning borrowers to lenders outside of our network!
Meet the team!
Mitch Ohlbaum – President
Mitch Ohlbaum is a licensed real estate broker and loan officer [CalBRE#01127068; NMLS#247802] with more than 23 years of experience in the industry. He is President of Macoy Capital Partners, Inc. [CalBRE#01851634; NMLS#338666] – a company he founded for the purpose of brokering private money transactions.
In 1993, Mitch launched his first business in Los Angeles, Legend Mortgage Corporation, which he grew from a sole proprietorship to having 25 loan agents and 3 office locations. Annual volume at Legend Mortgage surpassed $500 million, and the company was named as a preferred lender with several national banks including Wells Fargo, Bank of America, Washington Mutual, and Countrywide. During his tenure at Legend Mortgage, the company received numerous awards for customer service, quality, volume, and consistency.
In 2008, Mitch founded Macoy Capital Partners, Inc (Macoy). Mitch also joined Mortgage Capital Partners as a Branch Manager and Business Development Officer in 2010 to continue offering traditional mortgage lending services and to manage processing and underwriting of residential consumer loan transactions. During his more than 6 years with Mortgage Capital Partners, Inc, his branch was consistently one of the top producers within the company.
Mitch concluded his tenure there in April 2017 to focus his expertise and long-standing history in the industry on brokering private, concierge, and commercial loan transactions, while maintaining his dedication to providing top-notch service and increased access to products and services at competitive rates for his clients and investors.
At Macoy, Mitch is responsible for business development and loan acquisition for privately funded, commercial, and construction loans, including ground-up and fix and flip construction. He has developed an extensive referral network and established relationships with multiple investors throughout the United States.
Mitch Ohlbaum and Macoy have an outstanding reputation in the market as a direct result of their high-performance standards and a proven track record of delivering quality service on time. Macoy has funded over $200 million to date and is scaling up their private lending platform, adding new sources of investor capital and new clients each year, as well as consistently increasing revenue.
Recognized as a leader within the real estate and lending industries, Mitch has been featured as an expert in the media including appearances on CNBC as well as dozens of interviews in major publications including: The Wall Street Journal; Business Week; LA Times; and the LA Business Journal. He is also a longtime and weekly contributor to the rate trend index Bankrate.com. Mitch graduated from American University in 1984 with a BSBA where he double-majored in finance and real estate.
Macoy Capital Partners, Inc. and Financial Advisors Network, Inc. are separate entities. Financial Advisors Network, Inc. does not guarantee or accept responsibility for services offered through its Strategic Alliances. There is no obligation to use its services.