Meet the Founder
John Femenia
John Femenia has over 15 years of finance experience, in both investment banking and real estate.
John Femenia began his career in the maritime industry, first working for Military Sealift Command, a civilian transportation company for the US Military, as an engineering officer. He later joined SEARCOR Holding, an oil and gas services company, as an associate working directly for the CEO. At SEACOR John was responsible for evaluating acquisition targets as well as various other business development opportunities. John then transitioned to investment banking, working for several bulge bracket banks. While working in investment banking, John was focused on raising capital for the rail, trucking and maritime industries, where he raised over $2 billion of equity and debt capital.
John Femenia founded Source Realty Capital in 2019 to help real estate investors get the capital they need to close deals. In the wake of the Great Recession, many traditional banks backed away from smaller real estate investor loans. This created a huge void in the market, as many experienced real estate investors were unable to get funding for their projects. Many of these real estate investors turned to hard money lenders to fund their deals. As the market for hard money grew, so did the interest from institutional investors. Source Realty Capital bridges the gap between real estate investors and institutional money.
At Source Realty Capital, John Femenia has overseen the Company’s growth from a start-up to over $100 million a year in originations. Source Realty Capital focuses exclusively on 1-4 family and small balance multi-family properties. The has allowed the Company carveout a niche for itself and effectively deliver capital to experienced real estate investors.
John has an undergraduate degree in engineering from the United States Merchant Marine Academy, and MBA in finance from Columbia Business School. John served as an Officer in the US Naval Reserve, and was Honorably Discharged in 2011.
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