News

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.

New York, NY (08/20/2024) – SitusAMC, the leading provider of services and technology to the commercial and residential real estate finance industry, today announced a strategic partnership with CMBS.com, the owner of Commercial Real Estate (CRE) loan origination, management and servicing software platform, Backshop.

New York, NY (July 24, 2024) – SitusAMC, the leading provider of investment advisory, strategic outsourcing, talent, and technology solutions to the commercial and residential real estate finance industries, today announced the strategic decision to retain its Real Estate Valuation Services (REVS) business and commitment to invest $20MM of capital to expand technology capabilities for the business. This decision follows a period of strategic alternative exploration. 

New York, NY (June 7,  2024) - SitusAMC, the leading provider of investment advisory, strategic outsourcing, talent, and technology solutions to the commercial and residential real estate finance industries, has released a white paper titled, “What Looms Beneath the Surface: How Forensic Diligence Builds on CRE Asset Management to Uncover & Mitigate Deeply Hidden Risk.” The white paper leverages SitusAMC’s deep experience in forensic diligence to explore hidden risk factors in commercial real estate (CRE) loans and portfolios and the best way

NEW YORK & SAN FRANCISCO – May 16, 2024 – SitusAMC, the industry’s leading warehouse lending technology provider, today announced a partnership with Snapdocs to integrate the Snapdocs eVault to SitusAMC’s ProMerit platform.