Direct Gets A Shout Out In Philadelphia Magazine

Direct Gets A Shout Out In Philadelphia Magazine

Nine Under the Radar Developers Remaking Our Neighborhoods in Big Ways

Jared Pontz of Direct Mortgage Loan Company was featured in the October 2017 issue of Philadelphia Magazine! “Behind the Boom: The Next Wave of Philly Developers,” introduces nine “under the radar developers who are remaking our neighborhoods in big ways.”

From the article:

Jared Pontz, managing partner, Elfant Pontz Properties and Direct Mortgage Loan Company
 

Backstory: In 1964, there was Martin Elfant Inc. In 2016, the company was renamed Elfant Pontz, seven years after Pontz, 37, became a partner. He still focuses on managing He still focuses on managing NW Philly properties and finance – by bankrolling other builders – but he’s also added a development arm.

What’s next: A 29-unit new-construction apartment complex set to open in Manayunk in the spring.

Jared and the team at Direct are proud to be a part of this exciting time in local real estate as a significant financing source for others through Direct Mortgage Loan Company. Direct’s efficient loan process is perfectly suited to the needs of developers. “We have a couple hundred active loans with approximately $30MM in committed funds to investors/developers all over the City of Philadelphia and it’s surrounding counties. Our extensive real estate experience makes us a better resource for Direct clients.” explains Jared. “I have a real sense of pride in the relationships we’ve developed at Direct,” says founding partner, Bob Elfant. “People all over the city recognize who we are and the value in what we do.”

 

Read the full article here. There is lots of great company on this list!

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