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Coastal Funding Group, LLC
Who We Are
| The Coastal Organization recently launched an initiative to focus more intensely on development opportunities in urban areas. Our business plan calls for local builders and developers joint venture with an affiliated venture capital firm, to afford elevated participation in urban development projects. |
What We Do
Coastal Funding Group, LLC was formed to pursue the unique
opportunity of joint venturing the financial resources of a venture capital
firm with historically under-capitalized local builders and developers.
These strategic alliances effectively leverage venture capital resources to
afford the resulting joint venture the opportunity to participate at a higher
level of the urban redevelopment process.
We at Coastal Funding Group, LLC have actively sought opportunities to
marry a portion of the client base of our affiliated entity, Coastal
Development Partners, LLC, with the financial resources of a Northern
Virginia-based venture capital firm, Nova Financial. The commonality
between the two firms is John Palmer, the CFO of The Coastal
Organization, as well as the Managing Director of Nova's Venture Capital
Group.
opportunity of joint venturing the financial resources of a venture capital
firm with historically under-capitalized local builders and developers.
These strategic alliances effectively leverage venture capital resources to
afford the resulting joint venture the opportunity to participate at a higher
level of the urban redevelopment process.
We at Coastal Funding Group, LLC have actively sought opportunities to
marry a portion of the client base of our affiliated entity, Coastal
Development Partners, LLC, with the financial resources of a Northern
Virginia-based venture capital firm, Nova Financial. The commonality
between the two firms is John Palmer, the CFO of The Coastal
Organization, as well as the Managing Director of Nova's Venture Capital
Group.
We at Coastal Funding Group, LLC seek to serve as a conduit to: 1)
identify local, historically-undercapitalized builders and developers, either
through an ongoing client relationship with our affiliate, Coastal
Development Partners, LLC, or through vetted reference; and 2) joint
venture these builders and developers with the venture capital resources
of our related entity. The overriding goal is to finance the participation of
well-run, yet under-capitalized local firms, in urban development projects.
We at Coastal are excited about this new initiative, as well as the financial
resources brought to bear by the inclusion of Nova Financial, and
anticipate this segment of our business to dramatically expand in the
coming months.
identify local, historically-undercapitalized builders and developers, either
through an ongoing client relationship with our affiliate, Coastal
Development Partners, LLC, or through vetted reference; and 2) joint
venture these builders and developers with the venture capital resources
of our related entity. The overriding goal is to finance the participation of
well-run, yet under-capitalized local firms, in urban development projects.
We at Coastal are excited about this new initiative, as well as the financial
resources brought to bear by the inclusion of Nova Financial, and
anticipate this segment of our business to dramatically expand in the
coming months.
