PCMA Announces Continued Nationwide Expansion with the Addition of Wyoming to our Lending Footprint The luxury home sales of 2021 almost surpassed all home sales of 2019 in Wyoming
Irvine, CA
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April 21, 2022 09:00 AM Eastern Daylight Time
PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of Wyoming - Company NMLS ID: 237710. The expansion of Private Client Lending into Wyoming highlights the extraordinary growth of PCMA and the continued growth in the Wyoming luxury housing and ranching markets.
2021’s median sale price was $1.8MM, followed by a strong 2021 with total home sale prices just in the Jackson Hole market (the hottest realty market in the state) reaching $2.750,705,092. Jackson Hole’s leadership in million-dollar home sales is further solidified with over 853 transactions falling between $1 million and $3 million and one property selling for over $100MM.
“Horseback riding, hiking at Grand Teton National Park, skiing, Yellowstone National Park, biking, wildlife viewing and a tax friendly status are some of the many reasons why the high and ultra-high net worth are buying homes and ranches in the beautiful state of Wyoming,” said John R. Lynch, CEO and Founder of PCMA. “Over 30% of all real estate sales happened without being recorded on the MLS, something that happens more often with higher end home and ranch sales. This is further proof of the need of Private Client lending services in Wyoming and throughout the US.”
PCMA’s expansion into the Wyoming market comes on the heels of both internal and external growth of the company and new subsidiaries. PCMA continues to experience an unprecedented growth of high-net-worth originations at a record pace throughout the first half of 2022 even in the face of rising interest rates. Continued growth has come with the addition of PCMA Capital Advisors and the expansion of direct and indirect origination channels.
“The Private Client community looks at luxury real estate as a safe and appreciating asset that's a hedge against inflation. Furthermore, our clients are interested prime properties which are few and far between in this market, creating a strong seller's market and a need for robust lending solutions that will bring these sales forward and into the credit markets,” said Lynch. “The Collective is a streamlined approach to asset-based lending without the need to collateralize or pledge vested holdings. These bespoke flexibilities were not available to the High-Net-Worth Communities of Wyoming prior to our expansion.”
About PCMA
PCMA is the leading Non-Bank Private Client lending organization serving the needs of their mass affluent and high net worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com
Forward-Looking Statements
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Contact Details
PCMA Private Client
Jason Jepson
+1 949-394-7033
Company Website
