Lending Reinvented: Investor-Led Growth | Robert Greenberg
Robert Greenberg shares his journey from pioneering crowdfunding at Patch of Land to launching Turn Capital with Tim Herriage.
Co-Founder, Chairman of the Board & Chief Executive Officer, Skechers U S A
Search every verified Robert Greenberg interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Robert Greenberg, co-founder and CEO of Skechers, has been active in the real estate lending space. In a June 2025 interview, Greenberg discussed his journey from pioneering crowdfunding at Patch of Land to launching Turn Capital with Tim Herriage. He stated that Turn Capital is launching a debt fund and a "quick turn" fix-and-flip product that he said would close in five days or less without pulling credit or waiting on an appraisal, though he noted not everything would qualify. Greenberg also mentioned that Turn Capital had done a Reg CF offering, raising $5 million for 10% of equity in the business, allowing borrowers to become shareholders. He described the private lending industry as a "blue ocean," noting that despite 1.2 million investor transactions annually, no lender holds a 10% market share. In earlier appearances, Greenberg discussed his philosophy on building teams and serving customers. He stated that "the team that got you here may not be the team that gets you there," and described bringing on experienced executives as the company grew. He advocated for a lending model where borrowers receive better value on the back end of a deal rather than upfront, saying "you're going to get the better value from working with us as a lender β it's deferred." Greenberg also reflected on his earlier career, including founding LA Gear in the 1980s, where he described the company as "more of a fashion athletic shoe company" focused on consumer trends.
“It's sort of like Amazon selling books in the early days β we were putting loans on the internet and you could buy the entire book, you could buy a chapter or you could even buy a word. Our minimum investment was one thousand bucks and we were doing loans as low as 12% and as high as like 15%.”
“This came about after the JOBS Act which was a piece of legislation that Obama signed into law in 2012 β you could wrap a loan up to a million dollars and get people to invest in it, and so without any violations of solicitation it was perfectly legit SEC. There were probably a hundred-ish crowdfunding sites in the fir...”
“The amount of institutional capital in this space has kind of made everything that everybody's doing look very similar β it's a very commoditized product. That institutional infusion has made common-sense lending less of the rule of the day.”
“We want to build balance sheet β we're doing balance sheet lending now primarily on the RTL side so we can be in control. We like to say we can close in five days and we can; we've closed some loans in 24 hours.”
Robert Greenberg shares his journey from pioneering crowdfunding at Patch of Land to launching Turn Capital with Tim Herriage.
Watch the full episode: https://youtu.be/m2Yi8wE6Q14 In this highlight clip with Robert Greenberg, you'll catch a sneak peek intoΒ ...
Watch the full episode: https://youtu.be/m2Yi8wE6Q14 In this highlight clip with Robert Greenberg, you'll catch a sneak peek intoΒ ...
Watch the full episode: https://youtu.be/m2Yi8wE6Q14 In this highlight clip with Robert Greenberg, you'll catch a sneak peek intoΒ ...
Watch the full episode: https://youtu.be/m2Yi8wE6Q14 In this highlight clip with Robert Greenberg, you'll catch a sneak peek intoΒ ...
Watch the full episode: https://youtu.be/m2Yi8wE6Q14 In this highlight clip with Robert Greenberg, you'll catch a sneak peek intoΒ ...
Robert Greenberg, LA Gear founder, in a 1989 interview with Richard Saxton, discusses his strategies and success in theΒ ...
Skechers USA Inc Q2 2020 Earnings Conference Call Transcript https://news.alphastreet.com/earnings-call-transcripts/
Shayna interviews Skechers CEO and Founder Mr. Robert Greenberg. Great Skype interview talking about Skechers, giving backΒ ...
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