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Wells Fargo Capital Finance Names Gillespie Head of Middle Market ABL
Wells Fargo Capital Finance, a division of Wells Fargo & Company (NYSE: WFC), announced that Executive Vice President Kevin Gillespie has been named head of its Middle Market Asset-Based Lending Group, a newly formed business group focusing on transactions under $35 million. Gillespie will serve as...
CIBC Expands Asset-Based Lending Team in Chicago
CIBC announced Mike Williams joined as Managing Director, CIBC Bank USA in Chicago responsible for business development in the Midwest for Asset-Based Lending. Williams brings 20 years of Asset-Based Lending related experience.  Most recently, he served as Managing Director of Originations in the...
Fortress Investment Group Leads $20MM Credit Facility for iPass
iPass Inc. a provider of global mobile connectivity, announced that it has finalized a senior secured credit facility of up to $20 million from affiliates of funds managed by affiliates of Fortress Investment Group LLC . This facility is secured by all of iPass' assets, including its patent...
6/20/2018
Angel Oak Grows CRE Lending Division with Acquisition of Cherrywood Mortgage
Angel Oak Commercial Lending, LLC (AOCL) has acquired a controlling interest in Cherrywood Mortgage, LLC (Cherrywood), a national small-balance commercial mortgage lender based in Los Angeles.Cherrywood will serve as the wholesale small-balance commercial lending arm of AOCL. It is led by Chief...
 
Capital Requirements for CRE Loans Face Scrutiny & Proposed Changes
Henry M. Fields & Mark R. Sobin
Guest Bloggers Henry M. Fields and Mark R. Sobin, of the law firm Morrison & Foerster, explain new federal guidelines...
2/14/2018 Topic: Real Estate
In a special to ABL Advisor, guest bloggers from the law firm of Skadden Arps...
Ben T. Nicholson, President of Fortis Business Advisors, on how managed...
Topic: Retail
 
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