SCOTTSDALE, Ariz., Aug. 11, 2018 /PRNewswire-PRWeb/ -- Adam Child, the President and CEO of Real Estate Finance Corporation (REFCORP), will give a presentation on Phoenix's residential revitalization since 2008 as a featured keynote speaker for Geraci's upcoming Captivate West 2018 conference, the company announced.
Captivate West is an annual three-day conference for investors, lenders and fund managers at Las Vegas' Cosmopolitan Hotel. Child and the REFCORP team are scheduled to speak at the conference from 10:30 to 11:30 a.m. on Aug. 27 and again by panel discussion with Stan Harley at 3:15 pm.
"It's an honor and a pleasure to be able to speak at this year's Captivate West conference," said Adam Child. "REFCORP was formed in 2008, at the height of the financial crisis and went active in 2015, so we've seen tremendous ups and downs in the Valley real estate market. But now we're experiencing a renaissance in the City of Phoenix, and we at REFCORP are thrilled to share some of the ways we've been a part of the action."
Child will discuss several examples of Phoenix's residential revitalization since 2008: the construction of the Valley Metro light rail system; the growth of Arizona State University downtown; and the wooing of tech companies from Silicon Valley and elsewhere.
RECORP's success in recent years has significantly depended on its strict criteria for investment. All REFCORP rehab investments begin with careful consideration of cost and price: the cost to acquire the property, the cost to complete the project so that it meets REFCORP's quality standards, and the market conditions that dictate the sales price.
"We're excited about our current construction projects in north Scottsdale and our rehab projects in downtown Phoenix," Child said. "We currently have 73 residential and rehab projects in development throughout Phoenix, Scottsdale and rural Arizona. The market for real estate is hot right now, especially downtown, and our rehabbed older properties have been very popular."
REFCORP is a private lender and real estate investor based in Scottsdale, Arizona. The company provides short-term construction loans and value-add revitalization loans for residential real estate projects across Arizona. Adam Child is a founding member of RECORP and serves as its current president and CEO. He also serves as a principal at Mobile Home Financing, which develops manufactured home communities in rural parts of Arizona.