CRE Veteran Jon Spelke Joins LFB Ventures to Head New Office in Los Angeles

Los Angeles, Calif.—July 12, 2022—Jon Spelke, a 25-year commercial real estate veteran, has joined Encinitas, CA-based LFB Ventures (“LFB”). LFB is a diversified real estate company offering direct lending to the residential building industry, capital advisory and commercial brokerage services nationwide. Mr. Spelke will head the Los Angeles office as Managing Director. 

In addition to managing this office, which is located at 270 Coral Circle, Suite 200, El Segundo, Mr. Spelke’s duties will also include growing LFB’s lending and capital advisory businesses nationally. 

“When we started looking into opening a Los Angeles office, we also started the search for the person who would manage this office. Jon’s tremendous amount of experience in commercial real estate, coupled with his managerial skills was a major factor in our hiring decision,” said LFB Founder and President Blake Bitterlin. “Additionally, as we continue to expand our platform nationwide, Jon will become a key component to our efforts.” 

Read Full Article Here


LFB Ventures Lends $37M on Georgia SFR Development

Developer Amir Peleg has secured $36.6 million of construction financing to build a new multifamily and single-family home development in suburban Atlanta, Commercial Observer can first report. 

LFB Ventures provided the loan for Peleg’s planned two-phased Weatherstone development in Dallas, Ga.,to build 280 single family homes across four different models. A vast majority of the homes have already been sold to a single-family residential fund (SFRF) and individual investors. 

Read Full Article Here

Today's Rates

This will close in 0 seconds