TBG Funding is a division of The Battery Group, a firm focused on direct investments in real estate, healthcare and asset management companies for two decades. Co-founded and led by Battery Group principals Charles Scharf and Willy Beer, TBG has been providing timely and advantageous financing to the real estate industry since early 2011. The TBG funding team is comprised of seasoned executives with extensive experience in both the real estate and finance industries. TBG makes loans across a range of sizes and asset types, building a diversified portfolio of loans that are not correlated to the broader stock and bond markets.
The process of underwriting a new loan starts with the sourcing and procuring of borrowers and opportunities that are suitable for lending to. Efficiency and execution is a top priority during this stage and TBG goes through the following to ensure that both are achieved:
If an opportunity survives the initial stage of documentation review and multi-layered internal approval process, then specific underwriting around valuations and terms begins in the following ways:
Principal and co-founder of The Battery Group with 20 Years of experience in the healthcare and long term care industry and active real estate investor. Mr. Scharf is also on the Board of Directors of Cross River Bank, a New Jersey Chartered Bank, since 2008 and a member of its Lending Committee.
Principal and co-founder of The Battery Group with 20 Years of experience in the healthcare and long term care industry and active real estate investor. Mr. Beer led The Battery Group’s acquisitions of Healthcare facilities, real estate and finance companies since inception.
Decades of experience in real estate as principal of a real estate agency specializing in procuring agency tenants for landlords. Developed a keen understanding of the rental market, key to determining market value in residential properties.
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