Recent Headlines
Within Lending
Chesswood Group Limited Announces Renewal and Expansion of Pawnee Credit Facility
Chesswood Group Limited announced today that Pawnee Leasing Corporation ("Pawnee"), Chesswood’s largest operating business, renewed and expanded its credit facility, for a term of four years, expiring in July 2016. The existing credit facility was due to mature in September 2013. - July 27, 2012 - Pawnee Leasing Corporation
Mortgage Banking Litigation Attorney Rachel Dollar Selected for Inclusion in the 2012 Super Lawyers
Prestigious Selection Given to Not More Than 5% of All Lawyers - July 26, 2012 - Smith Dollar PC
Mercantile Capital Corporation Provides Commercial Financing for a Hotel in Rehoboth Beach, DE Worth Over $2 Million
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans for small business owners who want to acquire, develop or refinance their own facilities, recently closed a commercial refi loan for Canalside Inn, Inc. for $2,020,000... - July 26, 2012 - Mercantile Capital Corporation
Financial Services Law Firm Smith Dollar Opens Florida Office
New Tampa Office to Help Further Serve Mortgage and Financial Institution Clients on Nationwide Basis - July 26, 2012 - Smith Dollar PC
Cognitive Options Group Expands Mortgage Compliance Services to Credit Unions
Cognitive Options Group, a national consulting firm specializing in mortgage compliance and loan due diligence reviews, announced it is now providing the firm’s operational advisory services to credit unions engaged in mortgage banking. As the industry continues to see historic low rates,... - July 25, 2012 - Cognitive Options Group, LLC
Local Business Mixer and Mingle for a Cause Was a Success at Amaro Pizzeria
On July 18, 2012 at Amaro Pizzeria & Vino Lounge, almost 40 local business professionals gathered to meet other business owners or neighbors, and raise money for a good cause. - July 25, 2012 - Kelli Grant Group
Charles Reinhart Company, Realtors Announces the Addition of 7 Realtors
The Charles Reinhart Company, Realtors is proud to announce the addition of 7 Ann Arbor area real estate agents. - July 25, 2012 - Charles Reinhart Company, Realtors
Metro Magazine Readers Name Paragon Commercial Bank "Best Bank for a Loan"
North Carolina’s First Business-Only Bank Receives Prestigious “Standing Ovation” Top Prize for Loan Services - July 25, 2012 - Paragon Bank
CommonBond Hosts 2012 MBA Summer End Gala to Benefit African School for Excellence
CommonBond, a student loan crowdfunding platform, is pleased to host the 2012 MBA Summer End Gala on Thursday, August 2, 2012, to benefit its nonprofit partner, African School for Excellence. The MBA, Startup, and Financial communities in New York City are invited to Midtown Loft & Terrace, at 267 Fifth Ave, from 8:00pm to 11:00pm, to celebrate a great cause, while enjoying excellent food, specialty drinks, and spectacular views of the city. - July 25, 2012 - CommonBond
Zhenuine Announces the Allowance of Two Patents Covering User-Controllable RFID
Patented user-controllable RFID, which make it easy for consumers to switch on the contactless card/tag when the card/tag is in use. Consumers can finally have a peace of mind knowing that their information is protected. - July 24, 2012 - Zhenuine
The BSC Group Arranges $15.125M Financing for 7 Property Portfolio Acquisition
The BSC Group, LLC, a leading commercial real estate financing advisor and provider of debt and equity capital solutions for self-storage owners, announced it arranged $15.125M in financing on behalf of Storage Pros Management LLC for 7 self-storage properties in two separate portfolio transactions... - July 23, 2012 - The BSC Group, LLC
The Mortgage Alliance of Southwest Florida Answers Questions on Private Mortgage Insurance
Is It Worth Paying PMI to Refinance to a Lower Interest Rate? - July 22, 2012 - Mortgage Alliance of Southwest Florida
Mercantile Capital Corporation Provides Commercial Real Estate Loan in Coppell, TX for Over $2.7 Million
Mercantile Capital Corporation, a leading national provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, recently closed a commercial loan for Global Leading Foods HHP for $2,760,000 in total project costs. - July 21, 2012 - Mercantile Capital Corporation
Suisse Credit Bancorp Has Launched a New Website, www.suisse-Credit-Bancorp.ch
Suisse Credit Bancorp (SCB), a leading global financial services provider, has launched a new website, www.suisse-credit-bancorp.ch, aimed at highlighting SCB's premium products. - July 20, 2012 - Suisse Credit Bancorp
Hennessey Capital Welcomes New Marketing Director
Hennessey Capital, a Michigan-based finance company providing working capital to entrepreneurial companies, announced today the hiring of Katie Mullin as its new marketing director. In this position, Mullin is responsible for the development and execution of all marketing and communication... - July 20, 2012 - Hennessey Capital
Oceanside Christopher, The Catholic Credit Union Launches Mobile Banking iPad Sweepstakes
Oceanside Christopher, The Catholic Credit Union, today announced that entries are being accepted through July 31 in its First-Ever Mobile Banking Sweepstakes. One Grand Prize Winner will be named in August 2012 and receive The New iPad with Wi-Fi (16GB), a $500 retail value. As the leading... - July 20, 2012 - Oceanside Christopher, The Catholic Credit Union
Scientific Capital Arranges the Refinance of Comfort Suites, California
Scientific Capital refinances the first trust deed of an existing SBA 504 loan of the Comfort Suites in Salinas, CA. - July 19, 2012 - Scientific Capital Group, Inc.
Clearent Continues Triple-Digit Growth Rates
Clearent, one of the fastest growing merchant services providers, announced that it has maintained triple-digit growth rates for the first half of 2012. - July 19, 2012 - Clearent
Mercantile Capital Corporation Closes 14 Commercial Loans in June - - Nine Year Old Company Approaches Billion Dollar Loan Mark
Mercantile Capital Corporation, which ranks as one of the nation’s leading providers of U.S. Small Business Administration (SBA) 504 loans to small business owners who want to acquire or develop their own facilities, closed 14 commercial property loans in June to finance projects valued at... - July 18, 2012 - Mercantile Capital Corporation
Paragon Commercial Bank Names Terri Bowles as Client Relationship Coordinator
7-Year Banking Industry Veteran Responsible for Client Relations - July 18, 2012 - Paragon Bank
Terrace Capital, Inc. – Non-Recourse Senior Debt Financing- $13.7MM - Sheraton Hotel & Resorts - Augusta, GA.
Terrace Capital announced today that it has secured $13.7MM in non-recourse financing for a 152-room, Class A, full-service Sheraton hotel in Augusta, Georgia. - July 14, 2012 - Trinity Street Capital Partners
First Valuation Attends the CMBA’s 40th Annual Western Secondary Market Conference Following Launch of Enhanced BPO Product
Following the release of the company’s latest product, First Valuation focuses on driving success of the BPO PLUS with DATA ADVANTAGE in the secondary market. - July 13, 2012 - First Valuation
The Boulder Group Publishes 2nd Quarter Net Lease Market Research Report
Net lease property cap rates compressed in the retail sector. - July 13, 2012 - The Boulder Group
Hamilton Mikes, P.A. Expands Law Practice - Christopher Mikes Joins Firm
Hamilton Mikes, P.A. has expanded its law practice in Southwest Florida building on areas of real estate and tax law with the addition of Christopher Mikes, LLM, CPA, CFA, MAI, EA. Mr. Mikes brings a wide array of experience to his legal practice, which includes real estate, corporate and tax law. - July 12, 2012 - Hamilton Mikes, P.A.
2012 Radio Station Transactions at Midyear Show 66% Increase Over 2011
Several large deals led the way as sales volume approached half billion dollars, according to RadioValuations.com. - July 12, 2012 - Guest Media Technology LLC
Suisse Credit Bancorp Adapts to New Market Challenges
Economic uncertainty, high unemployment and reduced liquidity in traditional financial institutions has led organisations to the challenge of finding new cost effective sources of funds for trade transactions. - July 11, 2012 - Suisse Credit Bancorp
Associate Realtor Lourdes Garcia Joins Cannon Realty & Associates
Another Great Move – Lourdes Garcia Joins Cannon Realty & Associates of The Woodlands, Texas - July 11, 2012 - Cannon Realty & Associates
Paragon Commercial Bank’s Wire Room Crime Fighting Efforts Recognized by FBI Director Robert Mueller
Commercial Bank Focuses on Preventing Hijacking of Client Account Information - July 11, 2012 - Paragon Bank
Joe Adamaitis Inducted as President of Gulf Coast Mortgage Bankers Association
Sales Manager for Academy Mortgage Corporation in Sarasota has been named to top post of Local Mortgage Bankers Group. - July 09, 2012 - Academy Mortgage Corporation
Mercantile Capital Corporation Finances Commercial Real Estate Project in Raleigh, NC Worth Over $1 Million
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, recently closed a commercial loan for East Coast Gear Supply for $1,008,630 in total project costs. - July 07, 2012 - Mercantile Capital Corporation
Mercantile Capital Corporation Provides Financing for BBQ Restaurant in Rocky Mount, NC for Over $2.5 Million
Mercantile Capital Corporation, a leading provider of U.S. SBA 504 loans for small business owners, closed a commercial loan recently for Gardner Foods, Inc. dba Gardner’s BBQ for $2,500,000 in total project costs. - July 05, 2012 - Mercantile Capital Corporation
Terrace Capital, Inc. Announces- $6.5MM Fannie Mae Loan- Surrey Hill Apartments – St. Charles, IL
Terrace Capital has recently arranged for a Fannie Mae guaranty on a 6.50MM, 75% LTV, first mortgage for the Surrey Hill Apartment complex, located in St. Charles, IL. - July 04, 2012 - Trinity Street Capital Partners
Free San Diego Diamond Appraisals Offered by SDJB
San Diego Jewelry Buyers has announced that it is offering free San Diego diamond appraisals to customers who want to sell diamonds for cash. - July 04, 2012 - San Diego Jewelry Buyers
Luxury San Diego Pawn Shop Helps California Entrepreneurs
Luxury pawnbroker San Diego Jewelry Buyers has announced that it is reaching out to California entrepreneurs who are finding it difficult to access cash loans to start businesses. - July 01, 2012 - San Diego Jewelry Buyers
LeaderOne Launches Fundraiser for Colorado Springs Wildfire
Some LeaderOne team members, are being devastated by the Colorado Springs Wildfire. LeaderOne has launched a fundraising campaign to support the victims of this tragedy. - June 30, 2012 - LeaderOne Financial
Mercantile Capital Corporation Reports Record Number of Commercial Real Estate Loan Closings in May
Mercantile Capital Corporation, one of the nation’s leading providers of U.S. SBA 504 loans to small business owners who want to acquire own facilities, reports it closed a record number of commercial loans in May. - June 28, 2012 - Mercantile Capital Corporation
Century Capital Partners Makes Short Business of Recent Purchase of Tall Building in New Jersey
Private Commercial Real Estate Lending Company Closes in Just Six Days on 16-Unit Apartment Building in East Orange - June 28, 2012 - Century Capital Partners, LLC
Broker Associate Angelica Fahy Joins Cannon Realty & Associates
Another Great Move – Angelica Fahy Joins Cannon Realty & Associates of The Woodlands, Texas. - June 28, 2012 - Cannon Realty & Associates
Macallan Construction to Build The Grease Cycle Facility
Macallan Construction Awarded Contract for The Grease Cycle Macallan Construction is pleased to announce that they have been awarded the contract to build The Grease Cycle’s new facility. This project will include a new building and grease refining facility. The Grease Cycle is locally based... - June 27, 2012 - Macallan Construction
Hana Financial, Inc. Completes $26.6 Million Small Business Loan Securitization
Hana Small Business Lending, a subsidiary of Hana Financial Inc. and a nationally ranked top 25 SBA lender, completed a $26.6 million securitization on Friday, June 22. - June 27, 2012 - Hana Financial, Inc.
Enness Private Clients Expands Broking Operation
Enness Private Clients, the large mortgage and high net worth specialist, has today (XX June 2012) announced the addition of a new broker to its team continuing its ongoing recruitment drive. - June 27, 2012 - Enness Private Clients
New Leasing Partnership with Leading iPad POS Creator
Lease POS NOW is now the exclusive Leasing Company for Revel Systems and will approve All customers on the spot for iPad POS systems. The Lease even has a Hardware replace policy which states free upgrades every year. - June 22, 2012 - Lease POS NOW
WNC Hires Steve Huang as Chief Information Officer
Real estate IT veteran to oversee modernization of WNC’s investor reporting, corporate communications and disaster recovery systems amid nationwide expansion - June 17, 2012 - WNC & Associates, Inc.
Brand Mortgage’s Jennifer Smith Elected to Board of Directors of Gwinnett Habitat for Humanity
Vice President and Director of Project Management for Full-Service Lender Believes Her Insight as Both a Banker and Single Mom Make Her a Good Fit for the Non-Profit Organization - June 17, 2012 - Brand Mortgage
First Valuation Issues Challenge to Compare Their Newly Released BPO Plus with Data Advantage
By providing comprehensive market sales, listings and pending sales data within the BPO report, users can have more confidence in the valuation results. - June 17, 2012 - First Valuation
Auto Loan Hookup Offers “Win Win” for Consumers and Auto Dealers
AutoLoanHookUp.com, a Valley Stream, Long Island, New York-based consumer auto concierge service offers a first-of-its-kind system that helps consumers find the best automotive dealer and automobile for their needs. - June 16, 2012 - AutoLoanHookUp.com
The StoneHill Group Offers MERS® System Members Assistance with Monthly Reconciliations and Annual Reporting
The StoneHill Group, a national provider of pre- and post-closing quality control audits, fulfillment, due diligence, and collateral audits to mortgage bankers, banks, credit unions, and the financial services industry, today announced a service to help MERS® System members comply with their... - June 14, 2012 - The StoneHill Group
TrimTabs Portfolio Manager Leon Mirochnik to Appear on “Tim Connolly’s Winning Strategies” on Friday, June 15 at 12 pm CT
Leon Mirochnik, Associate Portfolio Manager at TrimTabs Investment Research (www.trimtabs.com), will discuss a recent market report by BarclayHedge and TrimTabs citing astronomical redemptions at hedge funds over the last 12 months and the bearish indication it holds for markets on Tim... - June 14, 2012 - Corporate Strategies, LLC
The Boulder Group Arranges Sale of a $68.7 million Walgreens Portfolio (9 Properties) on the East Coast
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a private investment company, in the transaction. The buyer, a Midwest based institutional investment firm, was represented in-house. - June 13, 2012 - The Boulder Group
Empire Capital of America Announces Strategic Plan to Allow Equipment Leasing Regardless of Credit History
A growing company in commercial leasing, Empire Capital of America is working with financially strapped small businesses to help provide the capital those clients’ need. - June 13, 2012 - Empire Capital of America