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Within Lending
PCV|VRM Seeds of Hope, PCV Murcor's Nonprofit, Donates to Wildfire Relief Fund
To help with the recent California wildfires, PCV|VRM Seeds of Hope has donated to the California Community Foundation’s Wildfire Relief Fund. - October 17, 2020 - PCV Murcor
Spencer Savings Bank Welcomes Ryan Peene as Senior Vice President and Director of Market Growth and Development
Spencer Savings Bank is pleased to welcome Ryan Peene as Senior Vice President and Director of Market Growth and Development. Peene will be in charge of leading and executing strategic growth strategies for the bank. Peene is an accomplished senior executive with years of experience in commercial... - October 17, 2020 - Spencer Savings Bank
Spencer Savings Bank Distributes $400,000 to Community for Pandemic Relief, Helps Save Businesses with Over $15M in PPP Commitment
Spencer Savings Bank recently distributed $400,000 to a variety of community members affected by the pandemic. A donation of $200,000 was made to local hospitals and nonprofits. Spencer was also able to provide, in conjunction with the Federal Home Loan Bank of NY, an additional $200,000 in grants... - October 15, 2020 - Spencer Savings Bank
PSI Lending Announces Company Wide Expansion
PSI Lending Expands Company Wide; Expansion on top of record growth during COVID-19 pandemic. - October 08, 2020 - Homecision
CapStack Partners Expands Its Carolina Portfolio with Distressed Office Acquisition
The company’s capital markets division acted as the debt advisor for the purchase. - October 01, 2020 - CapStack Partners
CSH Awarded $1.4M from CDFI Fund
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $1.4M to CSH in the latest round of funding announced last week. CSH will use this new infusion of capital to increase and streamline the development of affordable housing with services... - October 01, 2020 - Corporation for Supportive Housing
Mountain View Advisors to Develop Digital Affordable Housing Underwriting Product to Expand Racial Equity in the Housing Market
Mountain View Advisors, LLC, a progressive “finnovation” consultancy in partnership with the Center for NYC Neighborhoods and Aegis, LLC, will develop a digital affordable housing underwriting platform to improve racial equity and expand home ownership with a grant received from the Housing Affordability Breakthrough Challenge sponsored by Enterprise Community Partners & Wells Fargo. - September 29, 2020 - Mountain View Advisors, LLC
Spencer Savings Bank Donates $7,000 to Habitat for Humanity to Help Build Communities and Fulfill Dreams of Home Ownership
Spencer Savings Bank is pleased to announce it has donated $7,000 to Habitat for Humanity to help build communities and fulfill dreams of home ownership in New Jersey. The donations were made to Paterson Habitat for Humanity as well as Habitat for Humanity in Morris, Bergen, Union and Essex... - September 28, 2020 - Spencer Savings Bank
Trellis Announces Affordable Housing Coming to Up-and-Coming Phoenix Neighborhood
Trellis@Colter is a new workforce housing community that is providing affordable housing near downtown Phoenix. Key Points: · Affordable housing community coming to Phoenix · Lease-to-own option available With the supply of affordable housing rapidly shrinking in and around the... - September 27, 2020 - Trellis
Spencer Savings Bank Welcomes Robert Vivo as Senior Vice President and Director of Retail Sales/Service
Spencer Savings Bank is pleased to welcome Robert Vivo as Senior Vice President and Director of Retail Sales/Service. Vivo will be responsible for leading and overseeing the Retail Financial Center Network, Retail Training and the Customer Service Center. A seasoned senior executive with thirty... - September 27, 2020 - Spencer Savings Bank
Modular Elevator Manufacturing Adds Staff for Growing Demand
As the the market share continues to grow, nationwide Modular Elevator Manufacturing adds staff to increase capacity. Recently the factory doubled in size and now staffing is needed to keep pace. - September 27, 2020 - Modular Elevator Manufacturing
Spencer Savings Bank Hosts Hygiene For Humanity Drive for Needy Community Members
Spencer Savings Bank recently hosted a Hygiene for Humanity drive where almost 100 items were collected for the nonprofit Eva’s Village in Paterson, N.J. To comply with social distancing rules and everyone’s safety, the drive was hosted virtually through an Amazon Wish List. Employees... - September 17, 2020 - Spencer Savings Bank
Trillium Capital Resources Arranges Financing for Three Properties
Trillium Capital Resources worked closely with three different clients in order to obtain financing for their properties in these challenging times. - September 05, 2020 - Trillium Capital Resources
Economic Development Nonprofit Organization BCL of Texas Announces Leadership for 2020 Board of Directors
Business & Community Lenders (BCL) of Texas, a statewide nonprofit lender, is pleased to announce the appointment of three new members to its Board of Directors, including Dora Zapata of Dallas, TX, Melissa Chamrad of San Antonio, and Larry Dovalina of Cotulla, TX. Established in 1990, BCL of... - August 29, 2020 - BCL of Texas
ISI and FEMCIC Partner to Envision a More Sustainable and Resilient Mexico
Partnering together, ISI and FEMCIC will bring the Envision framework and rating system to Mexico to help public and private organizations design and build more sustainable and resilient civil infrastructure. That means better roads, bridges, dams, parks, data centers, airport runaways and taxiways, and water- and wastewater-treatment plants. That also means designing and building infrastructure that protects the environment, combats climate change, boosts the economy, and enhances human health. - August 21, 2020 - ISI
PCV|VRM Seeds of Hope, PCV Murcor's Nonprofit, Donates to Meals on Wheels' COVID-19 Response Fund
PCV|VRM Seeds of Hope makes a donation to Meals on Wheels COVID-19 Response Fund to help address the food scarcity issue for millions of low-income seniors. - August 19, 2020 - PCV Murcor
Autumn Patterson Joins Mars Bank as Penn Banking Center Manager
Autumn C. Patterson joined Mars Bank as Assistant Vice President and Manager of the Penn Banking Center located at 600 Pittsburgh Road (Rt. 8). Ms. Patterson is a 13-year veteran of retail banking and will serve both consumer and commercial customers in Penn Township, Saxonburg, Butler city and... - August 13, 2020 - Mars Bank
Spencer Savings Bank Awards Almost $25,000 in Scholarships to Local Students
Spencer Savings Bank was pleased to continue its scholarship program this year and award almost $25,000 in scholarships to both high school and middle school students throughout New Jersey. The scholarships will help families in New Jersey pay for their child’s education. Students were... - August 12, 2020 - Spencer Savings Bank
NYC Infrastructure Project Earns Sustainability Award from ISI
The Institute for Sustainable Infrastructure (ISI) in Washington, D.C. has bestowed an Envision Gold award for sustainability to the New York City 235th Street Pumping Station rehabilitation project. - August 05, 2020 - ISI
RBR Global Sales Offers Cash Advances for Small Business Relief
RBR Global Sales offers cash advance programs for small US businesses hard hit by the effects of the COVID-19 pandemic. The cash advances will be provided to all operational small businesses based on their business potential and future revenue, not solely based on credit score. Businesses with $100K in annual revenue and 1+ years of operation are eligible to apply for these advances. Business owners in need of financing can apply online in minutes by visiting the official website. - July 28, 2020 - RBR Global Sales
National Credit Partners Launches COVID-19 Recovery Initiative to Help Struggling Businesses
National Credit Partners (NCP), a financial firm specializing in business debt relief, announced that its in-house counsel has launched a new campaign to help struggling business owners recover from the COVID-19 pandemic, which has had an unprecedented impact on businesses across the... - July 27, 2020 - National Credit Partners
Modular Elevator Manufacturing Doubles Factory Space
Modular Elevator Manufacturing is the leading manufacturer of modular elevators and have doubled their factory capacity due to a huge increase in sales. - July 23, 2020 - Modular Elevator Manufacturing
Florida's Reverse Mortgage Center Announces Launch of New Interactive Website
Florida's Reverse Mortgage Center has announced the launch of their new, interactive website: www.FLRMC.net. This website promises to bring fast and easy information about reverse mortgages to seniors all over Florida. CEO Rick Foxx had this to say: "I'm pleased as Punch. Not only does the... - July 22, 2020 - Florida's Reverse Mortgage Center
CSH Awarded $50M in New Markets Tax Credits
The U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund announced an award of $50 million in New Markets Tax Credits (NMTC) to CSH (Corporation for Supportive Housing) as part of their 2019 round of allocations. “This year’s allocation comes at a... - July 17, 2020 - Corporation for Supportive Housing
DeAnna Minus-Vincent of RWJBarnabas Health Appointed to CSH’s National Board of Directors
CSH (Corporation for Supportive Housing), a national nonprofit, recently appointed DeAnna Minus-Vincent, Corporate Vice President, RWJBarnabas Health, to a three-year term. The newest addition to CSH’s Board of Directors represents the significant role hospitals play in addressing the needs... - July 16, 2020 - Corporation for Supportive Housing
Spencer Savings Bank Sponsors Socially Distant Drive-in Movies This Summer
Spencer Savings Bank kicked off the start of summer by sponsoring two drive-in movie nights for local community members. Social distancing guidelines were followed with vehicles being spaced accordingly and guests encouraged to wear masks. It was a nostalgic approach to continuing Spencer’s... - July 15, 2020 - Spencer Savings Bank
Foxx and Associates Announce New Reverse Mortgage Venture: Florida’s Reverse Mortgage Center
Foxx and Associates have announced a new venture, Florida’s Reverse Mortgage Center, a company created to educate and help seniors navigate the Reverse Mortgage process. Rick Foxx, Foxx and Associates Mortgage’s CEO and founder spoke about this exciting, new company, “I’m... - July 09, 2020 - Foxx and Associates
Partner Colorado Credit Union Launches Cannabis Business Lending Program
Partner Colorado Credit Union today announced they will offer commercial real estate loans to their cannabis banking clients. Sundie Seefried, CEO of Partner Colorado CU and a trailblazer in U.S. cannabis banking, explained, “Now in our sixth year of cannabis banking, we have the experience and knowledge required to evaluate risk." - July 07, 2020 - Partner Colorado Credit Union
The BSC Group Closes $31 Million Acquisition Financing Package Despite Pandemic Lending Market Volatility
The BSC Group, a Chicago based self-storage and commercial real estate financing advisor, has closed a $31MM CMBS loan for the acquisition of an 8 property self-storage portfolio located in Memphis, TN. The portfolio is comprised of roughly 3,500 units and totaling 490,000 square feet of net... - June 30, 2020 - The BSC Group, LLC
Private Client Group OC Represents Developers in the Famed Community of Corona Highlands in Corona Del Mar
With inventory being 51% down in Orange County (CRMLS) The Private Client Group OC represents a spectacular new construction estate during times where demand for housing is up an incredible 24% (CRMLS). - June 25, 2020 - Qodeshart
Spencer Savings Bank is Pleased to Announce the Promotion of Anthony Niciejewski to Vice President, Market Manager
Spencer Savings Bank is pleased to announce the promotion of Anthony Niciejewski to the position of Vice President, Market Manager. In his new role, Niciejewski will lead the overall success of the bank’s Essex and Morris county teams - specifically in the Lyndhurst, Nutley, North Caldwell... - June 21, 2020 - Spencer Savings Bank
European Financial Services Limited Has Developed a Unique Investment Program That Allows Clients to Become Citizens of Cyprus Without Investing the Full Amount
The successful and effective operation of European Financial Services Limited over 7 years of work has helped several hundred clients to obtain Cypriot citizenship legally. This means that confidence in the future, endless opportunities for doing business in the European Union and access to a new level of social security. - June 19, 2020 - European Financial Services Limited
Aditanium Capital Corp. Launches a Secure Investor Relations Dashboard
Aditanium.com, a company located in Canada, BC, Chilliwack - Abbotsford, is connecting investors with real estate investment fund managers, executives, financial experts and industry professionals. The dashboard was created to target and engage with new investors / shareholders through one common dashboard. - June 15, 2020 - Aditanium Capital Corp.
Choice and Transparency Comes to Borrowers in South Africa with the Launch of CompareLoans.co.za
In a first for South Africa, CompareLoans brings unparalleled transparency around interest rates, fees and terms in the personal finance market. - June 11, 2020 - CompareLoans.co.za
Equity Markets Have Dried Up? Think Again Say Local Philadelphia Developers Mike Tester and Rickey Biddle
Local Philadelphia Developers Rickey Biddle and Mike Tester invest Equity for South Kensington Project in the Middle of Pandemic. - June 08, 2020 - Diligence Capital Advisors
Prospect Financial Group, Inc. Ranks in Scotsman’s Top 25 Wholesale Lenders
Prospect Financial Group, Inc., a leader in the mortgage refinance industry, is proud to announce its recognition as a “Top Wholesale Lender” by Scotsman, the nation’s primary publication for mortgage rankings. This comes as Scotsman finalizes 2019’s metrics: Categories... - June 04, 2020 - Prospect Home Finance
The Romano Brothers and Rickey Biddle Close on the Refinance of a Multi-Family Asset in Conshohocken, PA During Global Epidemic
Pandemic notwithstanding, the partnership consisting of Jim Romano, Christopher Romano and Rickey Biddle has closed on the refinance of a newly renovated, fully leased multi-family complex located in Conshohocken, PA. - June 01, 2020 - Diligence Capital Advisors
Crescent Lenders Funds $1,150,000 Real Estate Refinance Deal for Property That Leases to Cannabis Shop
Crescent Lenders, a private money lending business located in Los Angeles, California, recently closed a refinance deal on a commercial office building located in Del Rey Oaks, California. The collateral is a two-story 5,870 square foot building on a 10,500 square foot lot (with ample parking) and... - May 29, 2020 - Crescent Lenders
Bay Equity Home Loans Donates $135,000 to Food Banks
Bay Equity and its employees are responding to the overwhelming need of food banks with a donation of $135,000. “In this pandemic, with more than 36 million Americans unemployed, the demand for food assistance in the United States has skyrocketed,” said Bay Equity Chief Executive... - May 28, 2020 - Bay Equity Home Loans
Prospect Financial Group, Inc. Celebrates Biggest Fiscal Month Ever
Upon final tally of closed loans (w/ loan brokerage fees) throughout April - last month at time of writing - April comes out on top. Prospect’s milestone comes after several months of COVID-19-related downsizing / business closures all across the U.S. - May 28, 2020 - Prospect Home Finance
Rain Instant Pay App Helping Furloughed Employees Get Their Money Sooner
With the Rain app, employees can start getting paid again from the first day they return to work, instead of having to wait two weeks to receive another paycheck. - May 23, 2020 - Rain
MetricStream and Compliance.ai Offer Enhanced Regulatory Change Management Solution for Financial Institutions
MetricStream platform integration with Compliance.ai now allows financial institutions to proactively manage the growing volume and velocity of regulatory changes. - May 18, 2020 - Compliance.ai
New Survey from Zolo Shows That Homebuyers May Have Hit Pause But Still Intend to Buy Property This Year
Almost half (47%) of homebuyers still plan on buying a home in the next five years and more than half (52%) want online and virtual tools to do their house-hunt. - May 18, 2020 - Zolo
1st Nations Reverse Mortgage Welcomes Ken Krajewski as Vice-President and Head of Reverse Mortgage Lending at 1st Nations Reverse Mortgage
1st Nations Reverse Mortgage, a division of Midwest Loan Solutions, Inc. NMLS 3042, based in Michigan, is doing business as both a retail and wholesale reverse mortgage lender throughout the U.S. 1st Nations Reverse continues to offer superior service on its reverse mortgage services by focusing on... - May 17, 2020 - University Lending Group
Don’t Fah-Get Home Improvements Has Earned the Accreditation as a Certified 203k Contractor®
Local contractor is using the U.S. Government’s FHA 203k Home Rehabilitation Loan program to rebuild its community one home at a time. - May 15, 2020 - 203k Contractor Certification Program
New Faces on Board at Trillium Capital Resources
Trillium Capital Resources is excited to welcome the newest member of the team, Ryan Griffith as an Associate for Commercial Real Estate Financing. He will be working closely with Brent Shryock and Scott Taccati by assisting in finding solutions for their clients with an emphasis on debt placement... - May 14, 2020 - Trillium Capital Resources
Trillium Capital Resources Arranges Funding for 8 Multifamily Projects in Florida, Georgia and Tennessee
Trillium Capital Resources announces the recent successful funding of 8 multifamily projects consisting of 334 units located in Georgia, Florida and Tennessee for five borrowers. The funding consisted of 2 of the properties through existing banking partnership and 6 through its Agency partners. - May 14, 2020 - Trillium Capital Resources
Progress Capital Arranges $14.5 Million Construction Loan for Self-Storage Project
Kathy Anderson arranged a $14.5 Million construction loan for Dino Tomassetti, managing member of 1 Holland, LLC. The property is located at 1 Terminal Road in Lyndhurst, NJ and when completed, will include 950 self-storage units that will be managed under the Life Storage banner. The Borrower... - May 13, 2020 - Progress Capital
CogniFrame Announces "Financial Services Operating Layer" Built on Top of Quantum Cloud
Using Hybrid Quantum to power complex Optimization and Simulation solutions for Financial Services. - May 11, 2020 - CogniFrame Inc
Spencer Savings Bank Donates $100,000 to NJ Hospitals Battling The Coronavirus Pandemic
Spencer Savings Bank recently made a $100,000 donation to support NJ hospitals battling the coronavirus pandemic. A donation of $50,000 was made to Hackensack University Medical Center in Bergen County and Trinitas Regional Medical Center in Union County. “We are so grateful to Spencer... - May 06, 2020 - Spencer Savings Bank