Realty411 Magazine The Future of Real Estate is Here | Page 52

An Interview with Managing Partners of MOR Financial Services, Inc., Sean Morsi & Ajay Mehra I Meet the Future of Private Money By Tim Houghten n the words of the great Bob Dylan: the times “they are a-changin,” for Sean Morsi and Ajay Mehra — CEO and CFO of MOR Financial, respectively — the notion of shaking things up has been woven into their company’s genetic code. It may come as a surprise to hear that an as- set-based lender, known for utilizing cutting-edge marketing and high-tech analytics, assert for a traditional approach in customer service and building lifelong client partnerships. With an average yield returning 10.5% for their lenders, Morsi and Mehra have compiled more than $70 million in committed capital from their investors, with roughly $35 million in their active in-house servicing portfolio. Built in a relatively short period of time with a focus in Southern Cali- Realty411Guide.com fornia, where both were raised, the two have also set their sites on penetrating the Florida, Nevada and Arizona markets. Ajay came on board as a partner in MOR Financial in 2009, with both partners coming from established lending backgrounds before re-shifting focus after the market crash. “Since then, we’ve grown into a premier private lender here in Southern California, specifically around Los Angeles County,” notes Morsi. As the new kids on the block, the business moguls captured a very large percentage of the market in a very short span of time. A large percentage of their competition has been in the private money lending sector for 20 years or more. Mehra PAGE 52 • 2014 reWEALTHmag.com