NEXA Lending CEO Mike Kortas is in the process of acquiring several shell companies to build joint ventures, he said in an exclusive interview with HousingWire on Monday. 

“They are for multiple JVs with large teams, agencies, builders and strategic partnerships,” Kortas said without providing details on each transaction, which he said will be announced separately. “The main goal is more volume for NEXA.”

NEXA has been the subject of several rumors in the past few weeks regarding its business activity. Several comments on LinkedIn suggested that Kortas was selling NEXA, going fully into retail and dissolving his relationship with United details ⇒