In 2011 Mark co- founded Promark Investments, Inc. The company’s focus has been to make strategic investments in the real estate market which includes acquiring distressed properties for short term redeveloping and resale, leasing, or long term development. An example of this is to take advantage of the City of Los Angeles’ small lot subdivision ordinance which allows for high density redevelopment in designated zones.
Mark Rafeh has worked in real estate finance for the past 14 years. He has experience in all segments of mortgage lending including underwriting, originating, and securitization for some of the largest lenders, such as City National Bank, Weyerhaeuser Mortgage, and Accubanc. In 2003 he started Loan Centers of America Inc., which he still owns today. Mark has underwritten and originated over 1000 loans which include residential developments. His experience in underwriting and originating commercial, residential, and construction loans is an asset to our management team.
Mark began acquiring distressed real estate franchises in 2006 starting with Coldwell Banker Premier in Simi Valley, CA. He purchased Century 21 Hilltop in 2007 and Century 21 La Carre in 2009. In 2009 all offices were put into the Century 21 franchise. Under Mark’s management Century 21 Hilltop has become the leader in market share in Simi Valley and has been recognized by the Century 21 Corporation for being the second highest producing office in the Southern California Region.
Mark is very involved with philanthropic organizations and sits on the board of directors for Easter Seals which provides services to families who have children or adults who suffer from developmental disabilities.