SilverLeaf Financial Acquires 10.2 Million in Commercial Loans in Ohio
SALT LAKE CITY, Nov. 17, 2009 — SilverLeaf Financial announced that they have recently acquired two commercial properties located in Ohio. The first is in Shaker Heights, Ohio, consisting of a 20,000-sq-ft office complex that AmTrust Bank is the primary occupant of. The face value of that loan is…
DENVER, Sept. 17, 2009 — Access Capital Investment Group (ACIG) has just facilitated a $50 million loan participation sale at a 3.25% pass-through rate. This transaction is the largest participation deal of the year for ACIG and the 3.25% pass-through rate is the lowest observed since the firm wa…
Wachovia Bank Real Estate Executive Starts New Venture
FORT LAUDERDALE, Fla., Sept. 15, 2009 — Steve Russo, a former Managing Director and Florida Regional Executive of Real Estate at Wachovia Bank, announced the founding of The CREF Group, a real estate advisory and investment group. The CREF Group will work with real estate developers, investors,…
JACKSONVILLE, Fla., Sept. 9, 2009 — Ocenture, a leading provider of private-label subscription products and services, placed 241st on Inc. magazine’s list of fastest growing, privately held companies in the United States. Ocenture was also named the 13th fastest growing company in the…
ForeclosureRadar Expands Its Professional Foreclosure Search Tool Into Four New States
DISCOVERY BAY, Calif., Sept. 1, 2009 — ForeclosureRadar (http://www.foreclosureradar.com),…
GREENVILLE, S.C., Aug. 11, 2009 — The Greenville New Markets Opportunity (”GNMO”) LLC announced today over $8 million in below-market financing for The NEXT Innovation Center.
The NEXT Innovation Center includes 60,000 square feet of collaboration space that allows NEXT member…
Idola Announces Aegis, an OFAC Solution for IAT
ISELIN, N.J., Aug. 3, 2009 — Idola today announced Aegis, a new middleware product that will simplify the process of OFAC screening of International ACH transactions (IAT). New rules issued by NACHA require all international ACH payments to be identified as such, and thus will permit financial i…
DENVER, July 22, 2009 — Access Capital Investment Group (ACIG) has released AXS|RDS, an online system that promises to bring credit unions the highest-quality Auto Loan Participation product yet. In late 2008, ACIG began the process by structuring an $80 million loan participation transactio…
FI Compliance Solutions Provides Free Help to Banks and Credit Unions to Manage Risk
KING OF PRUSSIA, Pa., July 7, 2009 — In the current economic environment, financial institutions are facing increased scrutiny from federal regulators and the public in general. With so many institutions failing, vigilance and better management of risk are required.
FI Compliance Solutions t…
Salvatore Cangialosi Launches The Josefa Group
GREEN BROOK, N.J., June 18, 2009 — Operations began today at The Josefa Group. The Josefa Group is a new company with a new approach for a new economy, providing compliance and risk solutions to the financial community. The Josefa Group has been founded by Salvatore Cangialosi - a leader in the regul…
