Recent Headlines
Within Lending
Locust Park Capital Arranges $8M Loan for Dallas Multifamily Portfolio Acquisition
Locust Park Capital has arranged a $10 million acquisition loan for a multi-family portfolio consisting of 4 buildings and totaling 240 units. The portfolio is spread throughout the Dallas/Fort Worth area. The undisclosed buyer intends to perform major capital improvements consisting of upgrading... - June 15, 2019 - Locust Park Capital
Jose B. Guerrero, Chairman, President and CEO of Spencer Savings Bank, Honored as Grand Marshal of the 2019 Garfield Memorial Day Parade
Memorial Day is a time to reflect and remember those who died while serving in the American armed forces. Jose B. Guerrero, Chairman, President and CEO of Spencer Savings Bank, was recently honored as the Grand Marshal of the 2019 Garfield Memorial Day Parade. A team of Spencer employees, family and friends came out to celebrate, remember and honor those who served our great nation. - June 10, 2019 - Spencer Savings Bank
Spencer Savings Bank is Pleased to Announce the Promotions of Longtime Garfield Financial Center Employees and Welcomes New Team Members
Spencer Savings Bank is pleased to announce the promotions of longtime Garfield Financial Center employees Marzena Czachor, Sharon Styborski, Beata Burdzy and Ewelina Biskup. The bank is also excited to welcome new team members from its Saddle Brook and Elmwood Park locations, Valerie Gaspard and Maria Guerra, to the Outwater Lane team. The promotions and bank moves are effective June 3rd. - June 10, 2019 - Spencer Savings Bank
Dan Crowley Joins Alliance Group Mortgage
Dan Crowley Named Loan Officer for Alliance Group Mortgage in Sarasota, Florida - June 05, 2019 - Alliance Group Mortgage
C2 Energy Capital Completes Largest Solar Project Installed on a Landfill in Tennessee
C2 Energy Capital, LLC, a rapidly growing investor in renewable energy and storage assets, announced today the completion of the largest solar project installed on a landfill in Tennessee. C2 Energy Capital provided financing and support services for the development and construction of the 2.7 MW... - May 30, 2019 - C2 Energy Capital, LLC
“She for She”: Business and Professional Women of Colorado Celebrates 100 Years with Centennial Celebration
Business and Professional Women of Colorado (BPW Colorado) was founded in 1919. This organization has, and continues to be, a leader for women's rights at the local, state, national, and international levels. (BPW) of Colorado’s mission is to achieve equity for all women in the workplace... - May 26, 2019 - Business and Professional Women of Colorado
Approved Mortgage Expands Workforce with New Licensed Loan Officers
Approved Mortgage, Central Indiana’s largest and oldest locally owned mortgage company, makes key additions by adding new licensed loan officers to its team of over 30 experienced mortgage originators. - May 24, 2019 - Approved Mortgage Corporation
Premier Lender Expands Local Presence in Fresno
Platinum Home Mortgage opens new branch location in Fresno, California. - May 23, 2019 - Platinum Home Mortgage
Locust Park Capital Secures $3M Refinancing of CVS Pharmacy in Dallas, TX
Locus Park Capital has secured a $3 million refinancing for a net-leased CVS pharmacy in Dallas. The five-year loan features a fixed rate of 4.95 percent and a 30-year amortization schedule. The lender was a local community bank. Locust Park’s president Kenneth Lee arranged the loan on behalf... - May 23, 2019 - Locust Park Capital
National Credit Partners Helps Small Business Owners Who Are Overwhelmed with High Interest Debt
Small business owners are increasingly turning to alternative online financing as a fast way to keep their business afloat - although this money is easy to obtain, the interest rates are astronomical and the terms often predatory. That is where National Credit Partners steps in to help the over extended business owners. - May 22, 2019 - National Credit Partners
Locust Park Capital Arranges $12M Refinance for Mixed Use Building in Orlando's Central Business District
Locust Park Capital has secured a $12 million loan to refinance a seven-story mixed use building in the Central Business District of Orlando, Florida. The recently renovated building was fully leased at the time of financing. Kenneth Lee of Locust Park arranged the five-year loan with a fixed rate... - May 19, 2019 - Locust Park Capital
RSLFC Receives A Rating Raise on Portfolio from S&P Global Ratings
S&P Global Ratings has raised the ratings on student loan portfolio where RSLFC is the master servicer and administrator. - May 15, 2019 - iHELP Student Loan/RSLFC
Walmart Executed Agreements for 46 Solar Projects Across the US with C2 Energy Capital
C2 Energy Capital, LLC announced today that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. These agreements represent a tangible commitment by Walmart to achieve the retailer’s goal to have 50... - May 14, 2019 - C2 Energy Capital, LLC
U.S. Claims Wins First Place in Two Categories in The Daily Report
Top-ranked pre-settlement funding company ranked the best in Georgia. - May 09, 2019 - DRB Capital
Nonprofit Lender BCL of Texas Appoints David Brennan as New Board Chair
Local non-profit economic development organization Business and Community Lenders (BCL) of Texas has appointed David Brennan of Waco, TX, as its new Board of Directors Chair. This designation comes as BCL’s retiring Chair, Andres Garza, Jr., is honored with the prestigious designation of... - May 08, 2019 - BCL of Texas
Daniel Gale Sotheby’s International Realty Named Among Top Brokers in the Nation by Two Industry Associations
Daniel Gale Sotheby’s International Realty, one of the nation’s leading realtors, has been recognized by two leading real estate industry groups for its outstanding sales accomplishments in 2018. RIS Media ranked Daniel Gale Sotheby’s International Realty 48th among its Top 500... - May 04, 2019 - Daniel Gale Sotheby's International Realty
Stocking Urban, LLC Announces Acquisition and New Lease Executions for 4510 N. Ravenswood in Chicago, Illinois
SUGR RH Ravenswood LLC (A joint venture partnership between Stocking Urban, LLC, Rene Hertsberg, and Gregory Robbins) is announcing the acquisition of the approximately 14,000 square foot flex industrial building at 4510 N. Ravenswood Avenue in Chicago, IL. The single-story building was fully renovated between 2004-2006, and sits on approximately 19,500 square feet of land with dedicated parking. - May 03, 2019 - Stocking Urban, LLC
Partner Colorado Credit Union Fosters a Culture of Caring Through Leave Sharing Program
Partner Colorado Credit Union now allows employees to donate their paid time off (PTO) to fellow co-workers experiencing a crisis who do not have enough leave time of their own. Also known as leave-sharing, this employer-sponsored program enables a Partner Colorado employee with accrued time off... - May 02, 2019 - Partner Colorado Credit Union
Partner Colorado Credit Union Appoints Doug Fagan President
Sundie Seefried Remains as Chief Executive Officer. - May 02, 2019 - Partner Colorado Credit Union
DRB Financial Solutions Closes $50 Million Financing
Multi-year, multi-asset credit facility primes company for accelerated growth in 2019. - May 01, 2019 - DRB Capital
Spencer Savings Bank Celebrates Financial Literacy Month with Almost 300 Students
Teach Children To Save Day is an opportunity for bankers to demonstrate their commitment to community by teaching young people the value of saving. Spencer Savings Bank recently celebrated Financial Literacy Month with almost 300 students across various schools in New Jersey. Bank employees participated in “Teach Children To Save Day” events and taught fifth and sixth grade students lesson plans on the importance of saving and other money management skills. - April 30, 2019 - Spencer Savings Bank
Partner Colorado Credit Union Announces Record Results with Latest High-Rate CD Promotion
Part of Credit Union’s Ongoing Strategy to Attract & Retain Deposits. - April 28, 2019 - Partner Colorado Credit Union
Partner Colorado Foundation Announces Record $500K Fund
Partner Colorado Credit Union announced today that the Partner Colorado Foundation has reached the $500K mark, a milestone achieved through the generosity of the credit union and its corporate and community partners. The Partner Colorado Foundation, committed to the credit union philosophy of... - April 28, 2019 - Partner Colorado Credit Union
Prospect Financial Group, Inc. Announces Their Top Sales Leaders for Quarter 1 of 2019
The Quarter 1 Sales Contest measures Mortgage Loan Originator performance in a number of categories throughout the quarter. Metrics include performance indicators like number of loan submissions, loan submission pull-through, overall volume, online reviews, fastest closings, and many more categories. Points are awarded to the top three loan officers in each category. - April 27, 2019 - Prospect Home Finance
C2 Energy Capital Completes 100th Solar Project, Announces “Developer-in-Residence” Program
In 4 years, growing from 2 partners to 20 employees, completing 100 solar projects and having 300 MW of assets in development, C2 Energy Capital’s growth is exponential. - April 25, 2019 - C2 Energy Capital, LLC
Credit Benchmark Announces Craig Broderick Head of New Advisory Board
Credit Benchmark, the leader in consensus credit data and analytics, announced the establishment of a new advisory board led by Craig Broderick, former chief risk officer (CRO) of Goldman Sachs & Co. Mr. Broderick retired from Goldman Sachs in January 2018 after 32 years, having served as CRO... - April 24, 2019 - Credit Benchmark
Lafferty Communities is Helping to Rebuild Sonoma County
Since the fires, homebuilder Lafferty Communities has been busy rebuilding homes and communities across Sonoma County. For more than 30 years, Lafferty Communities has been building quality homes throughout Northern California, and now, they are using their deep experience to help Sonoma County... - April 24, 2019 - Lafferty Communities
Spencer Savings Bank Donates $7,500 to CBHCare in Support of Mental Health
Spencer Savings Bank continues to support mental health and wellness in their community. They recently made a $7,500 donation to CBHCare, in support of mental health services in its community. The nonprofit organization, celebrating its 50th Anniversary, is the leader in behavioral health care services for New Jersey and Bergen County, offering compassionate and mental health services to thousands in Northern New Jersey. - April 22, 2019 - Spencer Savings Bank
Lafferty Communities Restores Historic Petaluma Home
In an age of a severe Bay Area housing shortage leading to a surge of real estate developments across the region, Lafferty Communities, a privately held, family-owned homebuilder, is doing their part to preserve the local communities where they are building. Lafferty is currently restoring a historic home in the hills of Petaluma. They will be repairing the home as it has deteriorated over time, while still preserving the features that convey its historical, cultural and architectural values. - April 17, 2019 - Lafferty Communities
GCP Fund President Joe Malvasio Closes Deal Worth $987,000, as the Company Agrees to Finance Acquisition of Office Space in Washington, DC Area
The commercial property will serve as the regional operations hub of one of the fastest emerging national company in the FMCG sector. - April 16, 2019 - GCP Fund
Universal Guaranty Life Insurance Company Announces Support of Eric Oliver
Universal Guaranty Life Insurance Company, a wholly-owned subsidiary of UTG, Inc., announced today its enthusiastic support for the election of Eric Oliver as trustee of Texas Pacific Land Trust (TPL) at the special meeting of shareholders to be held on May 22, 2019. - April 16, 2019 - First Southern National Bank
Daniel Gale Sotheby’s International Realty Hosts Nassau County Executive Laura Curran for Property Assessment Seminar
Daniel Gale Sotheby’s International Realty, one of the nation’s leading realtors, recently invited Nassau County Executive Laura Curran to meet with a group of its real estate advisors to discuss changes to the County’s property assessment program. Daniel Gale Sotheby’s... - April 13, 2019 - Daniel Gale Sotheby's International Realty
Spencer Savings Bank Donates $30,000 Towards Historic Paper Plant Destruction, Assists Employees and Honors First Responders
A bank that is dedicated to their community doesn't go unnoticed. Spencer Savings Bank recently made a $30,000 donation to benefit those who suffered through the Marcal Paper Plant fire tragedy. - April 12, 2019 - Spencer Savings Bank
Spencer Savings Bank Raises Over $18,500 with 8th Year New York Football Giants Snow Bowl Participation
The Special Olympics has been changing attitudes about the talents of people with intellectual disabilities and creating a more inclusive world. Spencer Savings Bank has raised $18,633 for Special Olympics New Jersey, with its 8th year participation in the New York Football Giants Snow Bowl. The bank continues to be one of the strongest supporters of the organization, coming in as the 2nd highest fundraising team overall, continuing its streak of being one of the top three fundraising teams. - April 03, 2019 - Spencer Savings Bank
Denver Coworks Alliance Announces First Ever Free Passport for Freelancers and Remote Workers
Denver Coworks is releasing the nation's first coworking passport booklet that gives digital nomads access to over 16 coworking spaces. The book is designed to be a companion that helps designers, developers, and anyone else that can work from coffee shops and home select the coworking space that is best for them. Denver has over 50 shared office spaces to choose from. The Denver Coworks Alliance selected the top spaces for individuals Reserve yours today at www.denvercoworks.org/passport. - April 02, 2019 - Denver Coworks
Deloitte and Innovative Assessments to Help Improve Credit Scoring for the Underbanked
Deloitte and Innovative Assessments have entered into an alliance that will allow banks to reliably approve more loans among traditionally underserved consumers. - April 01, 2019 - Innovative Assessments
2nd Annual Marathon Spectacular at Weston Nurseries on April 15
Weston Nurseries, Marty’s Fine Wines and Start Line Brewing Are Proud to Host the 2nd Annual Marathon Spectacular. - March 26, 2019 - Weston Nurseries
Chosewood Blows Up Edible Neighborhood
The identity of Chosewood is blooming as the BeltLine development grows nearer. Atlanta has seen the BeltLine alter how people think about transportation and outdoor culture. Edible Neighborhood is changing the perception of how and where food can be harvested while adding value to community spaces in the city of Atlanta. - March 23, 2019 - Beltwood Property Management
Mars Bank Promotes Mortgage Originator to Officer Position
Mars Bank promoted Megan Legursky, a mortgage originator with the bank since 2017 to the position of Assistant Vice President, Mortgage Loan Officer. Ms. Legursky serves customers in the greater Pittsburgh area with mortgages for purchase or refinance, home equity loans, and connects customers with... - March 23, 2019 - Mars Bank
Mars Bank Promotes Two to Vice President
Mars Bank promoted Hope Pifer to Vice President, Senior Financial Analyst and Stefanie Neff to Vice President, Loan Operations Manager. Each plays an integral role in the operations of the bank. “Hope and Stefanie are part of the next generation leaders that are so critical to our... - March 23, 2019 - Mars Bank
Younger Partners Wins Two More Property Management Assignments Totaling 203K SF
Younger Partners Property Services was awarded two new assignments at the 61,000-square-foot Forest Central 1 in Dallas and the 142,000-square-foot 800 W. Airport Freeway in Irving. Effective date of takeover was March 1. “We are continually expanding our relationships with owners,”... - March 18, 2019 - Younger Partners
Spencer Savings Bank Welcomes New Executive Vice President and Chief Financial Officer
Spencer Savings Bank is pleased to welcome its newest member to the executive management team, Steven M. Fusco, as Executive Vice President and Chief Financial Officer. Fusco will be responsible for the overall management of Spencer’s Finance Division, including the areas of accounting,... - March 18, 2019 - Spencer Savings Bank
Home Towne Real Estate Holds Annual Awards Ceremony
45 Award winners honored, celebrating over $160 million in sales. - March 15, 2019 - Home Towne Real Estate
DRB Announces Second Award Paid on Bounty Program for Whistleblowers
DRB Capital, LLC (“DRB”) today announced another award to be paid under its “Stop Structured Settlement Fraud” Bounty Program. This company has offered to pay a bounty to an individual who provided information to DRB about an entity allegedly engaged in abusive and illegal... - March 09, 2019 - DRB Capital
Spencer Savings Bank Helps Eva’s Village Prepare Clients for Job Success
Many individuals go to Eva’s Village to find hope and a new beginning. Spencer Savings Bank, a community bank headquartered in Elmwood Park, N.J., recently partnered up with Eva’s Village to empower, mentor and prepare Eva’s Village clients for job success. The Paterson-based nonprofit works to break the cycle of poverty and addiction through a unique and integrated approach. - March 06, 2019 - Spencer Savings Bank
Home Towne Real Estate Broker, Kevin Turner, Makes Commitment to Excellence
Kevin Turner, Broker/Owner of Home Towne Real Estate, was one of the first of 300 in the nation to earn the Commitment to Excellence endorsement from the National Association of Realtors®. - March 04, 2019 - Home Towne Real Estate
Prospect Financial Group, Inc. to Launch New Company Website
Prospect Financial Group, Inc., a leader in the mortgage refinance industry, is excited to launch their new and improved company website. The new website was designed to help homeowners and homebuyers learn more about their home finance and how Prospect Financial Group can help. It will be easy to... - March 02, 2019 - Prospect Home Finance
Residential Home Funding Corp. Leverages Total Expert to Cultivate Stronger Customer Relationships
The Total Expert Marketing Operating System® (MOS) accelerates marketing and sales efforts with personalized, automated engagement – at scale. - March 01, 2019 - Residential Home Funding Corp.
Mars Bancorp Named to 2019 OTCQX Best 50
Mars Bancorp (OTCQX: MNBP) is pleased to announce it was named to the 2019 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Mars Bancorp is the parent company of Mars Bank. - February 22, 2019 - Mars Bank
The Brevity Group Cracks the Code in Saving Homes
The Brevity Group is a professional team of experts leveraging banks into fair negotiation terms. - February 21, 2019 - The Brevity Group LLC