What The Company Offers
Ripley Heatwole Company (RHC) is a full service development firm with a variety of services. Affiliates include a Class-A General Contractor, Mortgage Banking Services, Property Management Services, and Telecommunications.
Mortgage Banking/Equity Placement
Virginia Financial Advisors (VFA) offers loan and equity placement services for real estate acquisition, development, and construction. VFA supervises the preparation of documents and prepares applications for a variety of housing programs, including market-rate loans, affordable housing loans, and Low Income Housing Tax Credits (LIHTC). VFA's expertise and creativity allow its clients to produce housing based on sound economic despite ever changing financial markets.
Additionally, VFA is a Virginia Housing Development Authority (VHDA) approved mortgage banker. They have placed with VHDA construction loans, permanent financing, forward funding, and immediate funding. These financings have bonds, tax-exempt bonds, and the Virginia Housing Fund.
VFA has also placed loans, or secured letters of credit for the development of projects from Bank of America, Wachovia Bank & CDC, BB&T, Towne Bank, Pillar, Bank of Hampton Roads, First American Bank, Bank of Windsor, Crestar Bank, Cenit Bank, Investors Savings and Loan, Mass Mutual Insurance Company, Virginia Beach Savings Bank, and Charter Municipal Acceptance Corporation. VFA has arranged equity offers from Related Capital (Alden Torch), Lend Lease (Boston Financial), Sun America, Wachovia Securities, First Partners, National Equity Fund, First Union Bank, Bank One, and others.