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Steve Powel, Real Estate Finance Pioneer, Announces Retirement From SitusAMC, a Company He Helped Found.
New York, NY (10.03.2022) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, announced that the Company’s Executive Chairman, Steve Powel, will be retiring from the firm’s day-to-day business at the end of the year. Mr.
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SitusAMC Inks Agreement With Independent Financial To Transition Warehouse Lending System To SaaS-Based ProMerit
New York, NY (02.20.2024) – SitusAMC and Independent Financial 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 Named TOP CLO and CMBS Special Servicer for 2023 New Issuance
New York, NY – (January, 24, 2024) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, added an incredible 25 new issuance CLO and CMBS assignments representing more than $9.6B. SitusAMC was named the leading special servicer of CRE CLOs in 2023 with 5 assignments representing $3.25B+ in UPB and a 48.8% market share. The 5 new issuance assignments led all other firms for the year.
SitusAMC and Alias Intelligence Announce Strategic Partnership to Expand Commercial Real Estate Due Diligence Offering
New York, NY (12/06/2023) – SitusAMC, the leading provider of innovative, trusted solutions supporting the complete lifecycle of real estate finance, has announced a strategic partnership with Alias Intelligence Inc. (“Alias”), a prominent technology-based background investigations and due diligence firm, to integrate their best-in-class credit and background search reporting into SitusAMC’s underwriting, diligence, and advisory services.
SitusAMC Releases New Analysis of Covid-Era Population Migration by Income, Showing Radically Different Outcomes for State Economies and Investment Opportunities
New York, NY – A new SitusAMC analysis of migration patterns during the Covid-19 pandemic -- focusing on the incomes of people who moved -- shows starkly different fiscal outcomes for states with similar population growth, with significantly higher tax revenue where high earners relocated. The data has profound implications for property demand, investment potential and economic health in these markets.
Former FHA Commissioner David Stevens, CEO of Mountain Lake Consulting, Featured on SitusAMC's "On the Hill" Podcast
New York, NY – SitusAMC is pleased to announce the release of the 24th episode of "On The Hill," a podcast series hosted by Tim Rood, SitusAMC's Head of Government and Industry Relations. He speaks with David Stevens, CEO of Mountain Lake Consulting, and former President and CEO of the Mortgage Bankers Association.