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Pioneering property lending exchange launched

Michael Elliott co-founder Mark Shipman and Burford co-founder Sam Rosen have joined forces with a host of property and financing veterans to launch Relendex, a pioneering ebay style online auction service that they are terming the world's “first Peer-to-Peer Commercial Real Estate lending exchange”.
CoStar News
September 16, 2011 | 11:20 AM

The company, which has been launched by the duo alongside former Charterhouse Group corporate finance executive Michael Lynn, will begin trading at the end of the year in response to what Shipman says is huge appetite from property owners searching for new ways to refinance debt.

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