Noah Miller is the Founder & President of Royal Palm Funding, a private lender focused on short-term bridge loans in the sub $5MM space. Royal Palm Funding has a nationwide footprint with a focus on commercial real estate and single-family investment properties. In this conversation, we talk about how Noah went from a very successful institutional career path to opening up his own shop, how he has remained active in a tough market, where he thinks this market is going, and how he is finding equity like returns with debt level risk.