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Empowering the Growth of California’s Communities Through Strong Lending Partnerships

Ethan Penner is a co-founder and Managing Partner of Mosaic Real Estate Investors. Over the course of his 30-year career, he has become a recognized and respected name in the world of real estate finance.

In 2015, he co-founded Mosaic Real Estate Investors to meet the needs of the real estate investment and finance industry which has had significant unmet needs in the wake of the 2008 Great Recession. As a new company, Mosaic had the need for a co-lender that would allow them to do loans that were the size they were targeting. Banc of California was able to fill this need and provide the support Ethan and his partner were looking for. “We knew they understood the business of real estate lending as we did, and saw the business and risk similar to the way we would see it.” Ethan explains, “We knew they would make a fabulous co-lender with us.”

“To enter into a co-lender relationship, you really have to trust the other party. I know that Banc of California is going to hold up their end of the bargain. For us, really, it was only one call.”

- Ethan Penner

About Mosaic Real Estate Investors

Mosaic Real Estate Investors was founded in 2015 by Ethan Penner and his partner Vicky Schiff. The founding partners of Mosaic each brought decades of success to the table with their new venture. They specialize in providing loans that are difficult for borrowers to obtain. Their loans help facilitate projects that may not otherwise get done and thus help the growth of the communities in which they operate. 

The co-lender relationship that they have with Banc of California has allowed them to make larger loans and build a solid foundation on which to grow. They have enjoyed success and have their sights set on becoming a larger player in their industry. Together with Banc of California, Mosaic Real Estate Investors is positioned to experience exciting growth for years to come.

Paul Hoffman

Relationship Manager

Paul Hoffman
Senior Vice President
Residential Construction Lending

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