Doug L

Commune Asset-Backed Lending Partners, LP

Commune Asset-Backed Lending Partners, LP ("ABLP") provides first trust deed bridge loans to commercial real estate owners enabling them to secure financing on a timely basis. The underlying asset, whether office buildings, shopping centers, storage properties, apartment complexes, rental homes or other types of commercial property holdings, are collateral for the loans. The General Partner for the Partnership is ABLP Management, LLC, ("General Partner"), a wholly owned subsidiary of Alliance Financial Group, Inc. ("Alliance"). Alliance was formed in 1987 as a private family office. In 1991, the firm acquired its Registered Investment Advisor and a Broker Dealer subsidiary. In the early 1990s, following a major commercial real estate downturn, Alliance expanded its services into real estate to take advantage of widespread price displacement. In the late 1990's Alliance co-founded a federally chartered bank and trust company (assets now over $9 billion). Today the Alliance family offices provide the financial resources needed to fully serve foundations, endowments, small businesses and families of moderate wealth.