Peter Aytug
Managing Partner
Peter been in the real estate business for more than 30 years. He founded York Funding LLC in 2010 to provide hard money loans to real estate professionals who purchase short sales and bank-owned REO properties. Since 2009, Peter Aytug has personally owned and managed over a hundred properties nationwide. From 1999 to 2009, he founded and managed Northern Funding. LLC. Northern Funding was engaged in financing real estate professionals with short-term commercial loans similar to York Funding. During that period, Peter closed over $3.1 billion in short-term loans.
Rhea Stathatos
Managing Partner
Rhea oversees the implementation and management of turnaround strategies at York Funding, which she founded in 2010. Such methods include rehabilitation and development, stabilizing and repositioning properties, loan workouts and restructurings, acquisitions and dispositions, leasing, operations management, and servicing. Since 2009, Rhea Stathatos has owned and managed more than a hundred properties. Before York Funding, Rhea spent six years working with various New York-based real estate lenders and investors, originating and managing large pools of short-term commercial loans. From 1994 to 2004, Rhea was employed by Carnegie Capital, a company similarly engaged in financing real estate investors. During her employment at Carnegie Capital, she closed over $3 billion in short-term loans.