Fred Assini
Chief Executive Officer, Alpha Tech Lending
New York City, New York, United States
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Fred Assini, the Chief Executive Officer of Alpha Tech Lending, celebrated his 37th year in the real estate industry in 2024. Since assuming leadership in 2019, he has skillfully steered the company across the complexities of asset-based lending, facilitating partnerships nationwide. Initially established 2007 in the Northeast United States, Alpha Tech Lending has since broadened its reach with headquarters in New York and Boca Raton, Florida.
Under Fred's guidance, Alpha Tech Lending has cultivated a reputation for strategic growth and client-focused solutions, streamlining the lending process to support successful real estate projects. The company offers a variety of loan programs such as Fix & Flip, New Construction, various DSCR loans, Bridge Loans, and Tru No Doc Loans, each designed to cater to the unique needs of real estate investors, brokers, and developers.
The Fix & Flip program assists investors in purchasing properties to renovate and sell at a profit, while the New Construction loans provide crucial funding for ground-up building projects. DSCR Loans are tailored for acquiring rental properties, with terms favorable to the projected income of the investments. For commercial ventures, Assini offers loans covering offices, retail spaces, warehouses, and more.
Alpha Tech Lending's Bridge Loan program supports clients needing short-term solutions before securing traditional financing. The Tru No Doc Loans rely solely on the asset's value, requiring no borrower credit or financial review. Additionally, the company's Registered Broker Partner Program allows mortgage brokers and consultants to expand their offerings and benefit from competitive compensation structures.
Previously, Fred Assini founded First Rehab Lending in 2012, focusing on short-term commercial loans for non-owner-occupied residential properties. His team ensured fast service from loan application to closing, striving to build lasting relationships through competitive rates and exceptional service.
At 27, Fred founded Franklin First Financial, becoming a significant player licensed in 40 states and recognized among the nation's top mortgage makers. He led Franklin First in offering a diverse range of mortgage products, including FHA, VA, Conventional, USDA, and Reverse Mortgage Loans, leveraging technology and a customer-first approach to expand its reach significantly.
Assini's early career also included managing a general contractor company, providing him with firsthand insight into the construction and renovation challenges his clients faced. Over his career, he has completed nearly 100 fix-and-flip projects, further solidifying his expertise in real estate investment.
Assini is a business leader and a committed philanthropist, sponsoring numerous local and national charity events. Outside of his professional endeavors, he enjoys family time, golf, travel, and maintaining his fitness.
Born in Brooklyn and a graduate of Saint John's University with a degree in finance, Fred Assini has devoted his career to advancing the real estate financing industry, making significant contributions through innovative lending solutions and leadership.
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