Korth Direct Mortgage Inc.
Financial ServicesFlorida, United States11-50 Employees
Korth Direct Mortgage Inc. is a financial services firm focused on commercial real estate finance, based in Coral Gables, Florida. It operates as a vertically integrated participant in the CRE debt market, handling origination, funding, servicing, underwriting, and securitization. The company finances its lending through corporate notes secured by CRE mortgages, with Mortgage Secured Notes repaid from the cash flows of the underlying loans. It concentrates lending on cash-flowing tenanted properties and assets with high-quality value-add potential. Within the financial services sector, KDM positions itself as a CRE finance provider that utilizes securitization tied to the performance of its loan portfolio. In May 2023, James Korth stepped down as CEO and Holly MacDonald-Korth, who was President and CFO, assumed the role of CEO.