Never assume these types of lenders will behave like institutional lenders just because they use the same phrases.

Can smaller projects adopt the above model?

This frees you to focus on higher-value tasks like growing your portfolio, owner communication, and big-picture strategy.2.Adopt a Portfolio Management Structure: Early on, I ran a departmental structure (separate teams for maintenance, leasing, collections, etc.), and it caused inefficiencies and communication breakdowns.

Service would change, though, as the successful experiences of early-adopter customers would demonstrate the utility and superiority of NewCo.

Hard money, which is most commonly from an institutional lender (either a broker with a white label setup or a lending firm), is generally available, but you will need to meet experience requirements to obtain funding from these kinds of lenders.

Note origination where the borrower owns multiple properties with little or no debt, needs a loan for an acquisition, but can’t produce proof of income sufficient to get institutional financing.  

Some employers, (when you're 50+) 401k adoption agreements will allow you to do an "in-service-rollover". 

Institutional Borrowers (With In-House Capital Markets Team): We work with many institutional clients with 1,000's of units under management that have in-house capital markets teams.

This is bank loan that this depository institution made to you using depositor funds.

Quote from @Patricia Andriolo-Bull: Quote from @Andrew Steffens: I heard previously that VRBO was going to institute this but I guess it never came to be.