News

New York, NY – (October 7, 2024) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, has been recognized for the firm’s ongoing commitment to the highest environmental, social, and governance (ESG) standards with a Silver Sustainability Rating from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. SitusAMC’s efforts places the firm in the top 15 percentile of EcoVadis’ Silver Sustainability award recipients.

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”).

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.