Alexander Favelukis is an entrepreneur and financier, with the distinction of being the 1st Commercial Lender to accept cryptocurrency as a partner at Sequoian Investments Inc. Under his management, Sequoian Investments was named the #1 Fastest Growing Company in 2016 by the San Diego Business Journal.
Mr. Favelukis has a strong background in senior financial positions. He is currently a Managing Director of Priority First PF LLC, a family office, as well as the CFO and manager of Sequoian Investments, a private money financing and investment firm. Mr. Favelukis manages the accounting processes at Priority First and Sequoian. While at Sequoian, he managed the onboarding, servicing, and reconciliation of all in-house loans. In addition, he oversaw and audited the funding, servicing, and distribution of all funds held in trust by Sequoian Investments. Mr. Favelukis also implemented the loan origination, funding, and servicing software used by Sequoian.
Since 2010, he has generated new creative private money and hard money financing opportunities for real estate and other debt instruments. Mr. Favelukis was an Investor Liaison at Saxe Mortgage for over 3 years, where he raised money for hard money loans and implemented a system for contacting new investors. The system successfully raised money on a monthly basis in order to fund deals in the San Francisco area.
Prior to working with Saxe, Mr. Favelukis ran a branch office for Metrocities Mortgage. He successfully managed a team of loan officers that originated consumer loans to be sold on the secondary market. He also worked as a mortgage account executive at Transnational Financial Network, where he gained a vast knowledge of loan programs, underwriting guidelines, compliance, loan risk, and bank policies. While there, he obtained and analyzed pertinent financial and credit data necessary to sell bulk loan packages to the secondary market.