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SitusAMC supports the entire lifecycle of commercial and residential real estate finance including originations, secondary market transactions, portfolio management, and valuations. Discover how we can power your lending and investing business.
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Explore all NewsSitusAMC Sells Majority Ownership of Insurance Entity to VineLight Ventures
New York, NY (10/01/2024) – SitusAMC, the leading provider of services and technology to the commercial and residential real estate finance industry has sold majority ownership of its loan insurance entity, Securent Risk Retention Group Inc. and its related data, brokerage and services business, Risk and Insurance Services, LLC (both entities together, “Securent,” the “Company”), to VineLight Ventures, LLC (“VineLight”).
SitusAMC Inks Agreement With Merchants Bank To Transition Warehouse Lending System To SaaS-Based ProMerit
New York, NY (08.27.2024) – SitusAMC and Merchants Bank have entered into an agreement to transition from the company’s warehouse lending platform WLS to its SaaS-based, enterprise-level warehouse lending platform ProMerit. SitusAMC has been diligently enhancing ProMerit and converting to a SaaS-based model over the last three years.