Mr. Ricks joined Love Funding in 2003 as a manager in the company’s St. Louis headquarters. Upon his promotion to director in 2005, he relocated to the company’s Dallas office. In this capacity, Mr. Ricks handles loan origination for multifamily, healthcare, affordable housing properties. In 2008, Mr. Ricks was awarded the annual Love Cup for highest producing originator for that given year. Mr. Ricks has been in the financial industry since 1997 with a focus in banking services and commercial real estate.
Prior to working with Love Funding, Mr. Ricks initiated his career at Edward Jones as a consultant for new offices. He then earned a position with Bunge North America, Inc. (BNAI) as a treasury analyst, where he was responsible for managing a $3.5 billion loan program.
Mr. Ricks is a Certified Commercial Investment Member (CCIM) candidate and has passed all four CCIM courses. He has also taken numerous HUD MAP courses and completed Introduction to Commercial Mortgage-Backed Securities from the Mortgage Bankers Association of America. Other credentials he has earned include passing Level one of the Chartered Financial Analyst exam and being a CFA candidate and passing the Texas Real Estate Salesperson Exam.
Mr. Ricks holds a Bachelor of Science in Business Administration and Master of Business Administration, both with an emphasis in finance, from the University of Missouri. He is also a member of the Austin Apartment Association, Apartment Association of Greater Dallas, Houston Apartment Association, National Apartment Association, Treasurer for the Southwest Mortgage Advisory Council, North Texas Commercial Association of Real Estate Professionals, Assisted Living Federation of America and National Investment Center.
Testimonials
“Love Funding and Chad Ricks were instrumental in facilitating the refinancing for New Lake Village Apartments. For the duration of the refinancing process, Love Funding was tremendously responsive, providing any and all resources and manpower necessary to successfully close our loan. Chad Ricks impressed us with his extensive knowledge of the FHA-insured lending environment and his ablility to manage the unique needs of all involved stakeholders, from the local HUD offices to property owners such as ourselves. He was always extremely approachable, quickly and efficiently answering any questions, concerns, or issues we had. Love Funding’s level of service and client-oriented solutions approach has made us a repeat client. We would highly recommend Love Funding and Chad Ricks for all your financing needs.” —Pat Wilson, Partner at Antelope Investments
“The HUD-insured loan that was presented by Love Funding and Chad Ricks has allowed us to modernize and update our facility. They not only approved but also encouraged our desire to be environmentally-friendly and energy efficient. All updates to the facility are Energy Star certified and will reduce our energy cost by over 20%” —Keith Fletcher, CEO/President of Ashley Manor Care Centers
“Love Funding and Chad Ricks made LaSierra Apartments possible. Their relationship with the HUD offices, knowledge of the programs, and the persistence to provide good customer service, is why we came to Love Funding. Chad was very responsive, professional, and dedicated to getting our loan closed. From the beginning to closing, he consistently took the lead in providing personal service and finding solutions whenever issues arose. I would not hesitate recommending him to others. We will be coming back to Love Funding for our FHA financing needs.” —Vino T. Patel
“In a difficult credit market, it was especially challenging to find excellent long-term financing, particularly for our smaller sized assisted living homes that are in scattered sites and in different counties. Chad Ricks and the rest of the dedicated team at Love Funding took the project on as a challenge all the way to a successful conclusion. This financing is superior to any other options that are available in the existing market. I will definitely work with Chad and the rest of the Love Funding group the next time around. ” —Garold Maxfield, CEO/ The Cottages
Click here to view an article by Chad Ricks in the Western Real Estate Business publication