StatesidePrivateCapital.com

50 States Capital was founded by Wayne Gerenstein.  Since engaging in the world of raising capital three decades ago, he has worked with hundreds of capital sources.  Mr. Gerenstein has built sound business relationships with the following: 

1.  A Nationwide asset based hard money lender and note buyer that invests in the $1 million to $75 million range

2.  High net worth individuals and their gatekeepers

3.  Individual cash buyers of real estate

4.  Owners of 100+ year old real estate investment companies

5.  Real Estate Investment Trusts (REIT's)

6.  Publicly traded hard money lenders that perform creative financing Nationwide in the $2M to $75M range

7.  Owners of a real estate investment company backed by a private equity firm

8.  Nationwide privately held company with 1,500 employees, a 50 year impeccable track record and multiple REIT's that acquire in the hundreds of millions

9.  Mortgage banks whose underwriting guidelines are more aggressive than conventional banks

10.  Top executives at banks who offer more conventional financial products for monetizing and acquiring real estate (both Nationwide and community banks)

The Key:  Relationship Depth and Quality

It is the depth and quality of the business relationships Wayne Gerenstein has established with his capital sources that is the key to serving clients of 50 States Capital.  Deliverying capital quickly in a real estate transaction requires relationships built on trust, integrity and track record.  Relationships of this nature take years to develop.  The Founder of 50 States Capital has put in the time and effort to foster these sound relationships, and as a result, our clients reap the benefits through fast moving cash transactions.

Background, Experience and Education

Wayne Gerenstein graduated in 1974 with a degree in Education from Northern Illinois University, an institution known for preparing educators.  From 1975 through 1987, he taught and coached in a Chicago suburban school system (School District #401).  Classroom teaching and coaching varsity athletics in football and wrestling prepared Wayne in many ways for his first business venture launched in 1987.  Successful teachers and coaches are highly trained in skills such as management and organization, and these skills were applied to a Nationwide sports marketing venture that Mr. Gerenstein founded and launched.  Raising significant capital and marketing a Nationwide business resulted in an intense learning curve that opened the doors to finance and real estate. 

Since 1990, Wayne has been immersed in the world of finance and real estate.  This is the reason he has built so many relationships with sources of capital who truly are the "check-writers" that buy and refinance real estate.  In the "post-meltdown" era, thousands of unemployed mortgage and real estate brokers portray their companies as the check-writers that monetize real estate through acquisitions or cash out refi's, when in fact they are mired in a chain of brokers.  We do not work through these "broker-chains"!

If you are interested in a more detailed Bio, we will forward one upon request.