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PLANO, TEXAS — Renovo Financial, a Chicago-based private equity lender, has expanded into the Texas market with the opening of a new office in metro Dallas. The firm primarily focuses on providing financial solutions to borrowers that are targeting ground-up or rehabilitation construction projects. Jon Shipley, a real estate professional who previously worked for a regional private lender in Texas, will lead the firm’s new office as managing director. The new office is located at 5700 Tennyson Parkway in Plano.