Fred Assini

Fred Assini, CEO of Alpha Tech Lending, celebrated his 37th year in the real estate sector in 2024. Since taking the reins in 2019, he has propelled Alpha Tech Lending to the forefront of the private asset-based lending market. Originating in the Northeast United States in 2007, the company has since expanded nationwide with headquarters in New York and Boca Raton, Florida.

Driving Success in Complex Projects

Over the past five years, Fred and his team have passionately and strategically expanded Alpha Tech Lending. They recognize the complexities of real estate projects and the often intricate lending processes. In response, they provide targeted feedback, optimal loan matching for each project, transparent terms, and comprehensive professional support, ensuring the success of each venture.

Alpha Tech Lending offers a robust portfolio of loan programs, such as Fix & Flip, New Construction, DSCR 1-4, DSCR 5+, Bridge Loans, and Tru No Doc Loans. Their Fix & Flip loans are designed to assist investors in purchasing and rehabilitating properties to maximize returns. New Construction Loans offer competitive financing for investors, builders, and developers to buy, develop, or construct new projects from the ground up.

Specialized Financial Products

The company specializes in DSCR (Debt Service Coverage Ratio) Loans that facilitate the acquisition of residential or commercial properties by evaluating the expected income from these investments. For projects that don’t meet traditional financing criteria, their Bridge Loan program provides necessary funds while permanent financing is secured.

Furthermore, the Tru No Doc Loan program emphasizes the value of the asset over the financial history or creditworthiness of the borrower, broadening accessibility to funding.

Alpha Tech Lending also supports mortgage brokers and consultants who assist real estate investors, providing them opportunities to enhance their business through the Alpha Tech Lending Registered Broker Partner Program. This initiative offers a profitable compensation model and complete protection throughout the partnership.

Foundational and Leadership Experiences

Early in his career, Fred Assini established First Rehab Lending in 2012. This company delivers short-term commercial loans for residential real estate, emphasizing rapid and efficient service necessary for investor success. His leadership ensured all loans were underwritten and approved internally, fostering swift transaction completions and long-term client relationships.

At 27, Fred launched Franklin First Financial and led the company until December 2018. Under his leadership, the company expanded significantly, obtaining licenses in 40 states and being recognized as one of the nation’s top mortgage originators. His commitment to diverse financial products and advanced technology marked significant milestones in the company’s growth.

Commitment to Community and Personal Interests

As a sponsor of numerous local and national charity events, Assini has demonstrated his dedication to giving back and contributing to various charitable causes and community activities. Outside his professional commitments, he cherishes time spent with his family, enjoys golfing and traveling, and maintains a dedicated health and wellness routine.

Born and raised in Brooklyn, New York, Fred completed his finance degree at Saint John’s University, which laid the groundwork for his entry into the dynamic field of private lending.

With nearly four decades in the industry, Fred Assini’s career is marked by continuous growth, strategic leadership, and a deep understanding of real estate lending’s operational and client aspects.