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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...
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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