National Fifty Financial, LLC Expands Commercial Mortgage Lending Offices Into the Mid-Atlantic

Charlotte, NC, September 02, 2008 --(PR.com)-- National Fifty Financial, a commercial real estate lending firm based in Tampa, Florida, has opted for the city of Charlotte, North Carolina as the site for their corporate office.

Industry changes have recently affected commercial lending in the Charlotte area. Two major banks, both based in Charlotte, have recently announced expected layoffs in the range of thousands. According to Mr. Satel, the Managing Partner of National Fifty, this turn of events presents an immense opportunity for the company: “Due to certain changes within the financial sector of Charlotte, we have run into a collection of exceptionally qualified and talented individuals for the new office.”

Charlotte has also seen recent distinction with NASCAR’s selection of uptown Charlotte as the location for their Hall of Fame as well as several national awards, including the coveted title of “Best Place to Live” in America.

Mr. Satel and his partners saw the opportunity to come to an area of the Mid-Atlantic that is in need of direct portfolio commercial property lenders. Charlotte is expected to have an injection from the city of over $8 Billion dollars for commercial development and just over $3 Billion for residential development through 2010, putting National Fifty in position to be a lender of choice for several borrowers, builders, mortgage brokers and city officials.

National Fifty elected to occupy space in the Keith Corporation building in the upscale South Park area for their seat in the community. The new corporate address is: 5935 Carnegie Blvd., Suite 104, Charlotte, North Carolina 28209.

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