Richard C. Armstrong
First Vice President — Loan Originator
Atlanta, GA
Mr. Armstrong joined Love Funding in 2000. As First Vice President, he originates loans nationwide from his base in the company’s Atlanta, Georgia office. He has over 40 years experience in income property debt and equity placements, working with mortgage banking firms and commercial brokerage operations.
Prior to joining Love Funding, Mr. Armstrong served as president of the Mortgage Division of Interbank/Brener Hospitality, one of the largest hotel sales and financing companies in the United States. He has specialized in financing for hospitality properties since the 1980’s, as well as securing financing for other property types, including apartments and condos. He is a nationally recognized speaker on the subject of hotel financing.
“Dick has been an asset in the growth of the Tramz Group. He is very well respected in the financial community due to his professional demeanor, highest integrity and valuable contacts. I have enjoyed working with him and look forward to many more years in utilizing his indispensable services.”
— Tarrunumn Murad, CEO, Tramz Group
“Dick is a true Commercial Mortgage Broker. He knows Commercial Real Estate, and particularly the hotel and motel market. It is refreshing to have a mortgage broker that I can call on and run a proposal by on the phone and get a quick answer, rather than putting me or my clients through a lot of hoops that are not necessary, which is typical of many other mortgage brokers that are not as familiar with the lodging market. Dick is hard working, knows the market, and is particularly good at larger, more complicated projects.”
— Ray Brewer CCIM, CHA, President, Brewer Brokerage Co.
“In my opinion, Dick is one of the most knowledgeable people in the United States regarding hotel financing. He has always been fair and honest in our dealings.”
— Kenneth G. Zimpfer, Senior Vice President, Liberty Savings Bank, FSB
“Dick is the best Hotel Mortgage Broker in the United States. He has always been honest and forthright and knows how to underwrite and get a hotel project done. He is highly regarded in the industry, and if I was going to build a hotel, and I have owned several, I would call Dick first to assist me in financing it. I have spent 20 years in the banking industry and have owned my own firm for 19 years. We are basically competitors, but he has more experience and ability in financing new and existing hotels, anywhere in the world. I consider it an honor to be associated with him, and I have no qualms about recommending him to anyone.”
— William A. Hayward Sr., Chairman, Hayward & Associates
“It was certainly a privilege and a pleasure to work with Dick during the acquisition of funds for the Heritage Inn project. The wonderful interest rate for permanent financing was a direct result of Dick’s hard work and assistance in this matter.”
— Daniel L. Crandall, Crandall & Katt