AlphaFlow, the leading institutional platform for investing online in real estate debt, today announced the hiring of two executives with extensive experience in the real estate mortgage and securitization sectors: Darryl Chu and Chase Scott. Mr. Chu joins as Vice President of Finance, and Mr. Scott joins as Vice President of Servicing Operations.
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Mr. Chu joins as Vice President of Finance and Mr. Scott as Vice President of Servicing Operations (Photo: Business Wire)
Darryl Chu joins AlphaFlow with more than 20 years of finance and accounting experience in the mortgage industry. His success in transforming finance organizations into growth engines that optimize company performance makes Mr. Chu a key hire in AlphaFlow’s expansion plans after its recently announced Series A. Prior to joining AlphaFlow, Mr. Chu was the Chief Accounting Officer and Treasurer at Shellpoint Partners LLC, a leading national mortgage originator and servicer, where he was responsible for expanding Shellpoint’s mortgage origination capabilities by increasing access to liquidity by over $3 billion while decreasing cost of funds.
“I am thrilled to join AlphaFlow, a cutting-edge, industry transforming organization,” said Mr. Chu said. “As a seasoned mortgage finance and accounting professional, I was immediately struck by the elegance and functionality of our technology platforms and how they will connect investors to the massive real estate debt market. I am excited to be a contributor to the continued growth of our organization.”
Chase Scott’s decade-plus experience in mortgage servicing and asset management includes leadership roles in pioneering the securitization of real estate bridge loans. He brings a rare skill-set in having experience meeting the needs of every industry stakeholder – from contractors who require the swift processing of construction draws, to Wall Street portfolio managers who demand institutional-quality reporting. Prior to joining AlphaFlow, Mr. Scott led servicing operations at the nation’s largest bridge lender, LendingHome, where he built and led a team that included Customer Care, Loan Administration, Default Prevention, Loss Mitigation, Foreclosure, and REO.
“My deep familiarity with the suite of loan products in AlphaFlow’s portfolio today paired with my passion for innovation through technology made this the perfect fit for me. The team is executing seamlessly through a clear, shared vision, which is a cornerstone for success in our relationships with both lenders and institutional capital partners. We understand the need for a true industry leader in this space, and I am excited to be part of our team that is relentlessly committed to raising the bar.”
Mr. Chu and Mr. Scott join as AlphaFlow enters a new phase of growth. The firm began to call on institutional investors less than two years ago and already counts some of the world’s largest investors as key clients. AlphaFlow’s proprietary technology, which streamlines and digitizes a largely paper industry, is now opening the door to new capital markets opportunities that require specialized talent.
“I am thrilled to have Darryl and Chase join our executive team as we continue to transform one of largest asset classes on the planet,” said Ray Sturm, co-founder and CEO of AlphaFlow. “Beyond their tremendous industry experience, they each bring a vision of how technology can transform our entire industry and unlock hundreds of billions of dollars in liquidity.”
AlphaFlow is a technology-driven investment manager that provides professionally managed portfolios of real estate loans to institutional investors. The company partners with local private real estate lenders around the country and buys their loans. We use software to streamline and automate today’s manual workflow and strive for simple and elegant solutions at every step. AlphaFlow’s clients include some of the largest institutional investors in the world. The company has offices in San Francisco, New York City, and Austin, TX.