Tag Archives: Velocity

Velocity Hires Industry Veteran for Loan Acquisitions Kolasinski to Lead Financial loan Acquisition Initiatives for Specialty Finance Organization

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Westlake Village, CA (PRWEB) January 17, 2013

Velocity Professional Funds, a specialty finance firm focusing on originating, buying and securitizing tiny equilibrium commercial financial loans, announces the addition of Craig Kolasinski to its Cash Markets group. In his part as Director of Loan Acquisitions, Kolasinski will lead Velocitys enterprise growth attempts buying pools of business mortgage loan financial loans nationwide in the secondary marketplace.

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Kolasinski provides far more than twenty a long time banking and mortgage acquisitions expertise to the placement. Prior to his appointment, Kolasinski was Director of Acquisitions for Onward Investors, LLC and beforehand held a senior management role at Initial Financial institution of Beverly Hills.

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I am thrilled with the addition of Craig Kolasinski to the Funds Marketplaces group at Velocity, said Chris Farrar, President and CEO. His deep encounter and associations in the banking business will play an integral position whilst we continue to increase our acquisitions business and insert to our portfolio.

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Kolasinksi retains a Bachelors degree in Company Administration from Kent State College.&#13

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About Velocity&#13

Velocity Professional Capital is a specialty finance firm concentrating on professional actual estate debt. Velocity acquires portfolios of performing and non-executing loans nationwide. In addition, the organization originates modest equilibrium business financial loans and acts as particular servicer, dealing with distressed belongings. Launched in 2004, Velocity is headquartered in Westlake Village, California. For far more data, remember to check out: http://www.vcc-inc.com

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Velocity Industrial Funds Hires Effectively-Identified Veteran for Mortgage Originations

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Philadelphia, PA (PRWEB) March 06, 2013

Velocity Business Money, a nationwide true estate lender specializing in originating and securitizing little-harmony industrial loans, announces the addition of Troy Kane to its originations group. In his role as Senior Bank loan Officer, Kane will proceed to expand Velocitys East Coast presence as a leader in the professional lending arena.

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Kane provides much more than twenty several years in the house loan finance market to his publish at Velocity. Prior to his appointment, Kane managed a team of nationwide sales associates at Interbay Funding, a subsidiary of Bayview Fiscal. In this part, Troy was the best producing originator for eight straight a long time, and successfully managed the corporations biggest accounts.

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I am thrilled with the addition of Troy Kane to the originations team at Velocity. stated Joseph Cowell, Senior Vice President. His deep knowledge in wholesale lending, specially within our small-equilibrium commercial area of interest, will be really critical as we keep on to expand the business.

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Troy holds a Bachelor of Science diploma from La Salle University in Philadelphia, PA.

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About Velocity &#thirteen

Velocity Professional Funds is a immediate wholesale financial institution specializing in commercial financial loans from $ 250k to $ 1.5 million nationwide. Velocity proceeds to provide the business with streamlined programs and a common sense method that targets the under-served market in between financial institutions and tough funds loan companies. Founded in 2004, Velocity is headquartered in Westlake Village, California and operates a satellite sales business office in Philadelphia, PA. For a lot more data, make sure you visit: http://www.velocitycommercial.com

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Velocity Hires Industry Chief to Head Servicing Division

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Westlake Village, CA (PRWEB) March 12, 2013

Velocity Business Cash, a specialty finance organization focusing on originating, obtaining and securitizing small stability business financial loans nationwide, announces the addition of Jack Jacob to its senior management staff. In his function as Govt Vice President, Jacob will direct Velocitys Servicing and Unique Servicing teams.

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Jacob brings more than 30 a long time of banking, servicing, special servicing and true estate knowledge to the situation. Prior to his appointment, Jacob was Vice President for Aurora Lender, formally identified as Lehman Brothers Bank, in their business true estate Particular Property Office, and previously held administration roles at WAMU, American Financial savings Financial institution, American Genuine Estate Team (AREG), and American Financial savings &amp Financial loan.

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I am happy to announce the addition of Jack Jacob to the management crew at Velocity, stated Chris Farrar, President and CEO. His comprehensive involvement with asset administration and servicing, especially within our area of interest, will be quite essential to us as we carry on to expand our portfolio at Velocity.

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Jacob attended Loyola College and retains a Bachelors degree from North Park University.

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About Velocity&#13

Velocity Industrial Funds is a specialty finance agency focusing on professional true estate financial debt. Velocity acquires portfolios of doing and non-performing financial loans nationwide. In addition, the firm originates little stability loans and functions as special servicer managing distressed belongings. Started in 2004, Velocity is headquartered in Westlake Village, California and operates a satellite product sales place of work in Philadelphia, PA. For a lot more information, make sure you pay a visit to: http://www.vcc-inc.com

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Velocity Increases Existence with New Japanese Regional Workplace

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Malvern, PA (PRWEB) Might 01, 2013

Velocity Professional Capital, a nationwide genuine estate loan company specializing in originating and securitizing small-harmony industrial financial loans, introduced today that it has formally opened its Eastern Regional Business office. The growing need in the marketplace nationwide produced Velocitys East Coastline expansion inescapable.

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With its new doorways open, Velocity also adds yet another little-stability commercial veteran, Dave Ryan, to assist boost originations on the East Coastline. Ryan provides much more than fifteen several years of business knowledge to his post, including a number of as a leading originator for Interbay Funding.

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The opening of our new business office will absolutely translate into much better customer service and unlimited development possible during the region, explained Chris Farrar, President and CEO. Have been extremely excited about the additions to our staff and hunting ahead to an additional report setting quarter for Velocity.

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As Velocitys footprint continues to grow, so do the choices for brokers and their borrowers in this flourishing small-harmony business market.

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About Velocity:&#13

Started in 2004, Velocity Commercial Cash is a direct, wholesale loan company specializing in professional loans from $ 250k to $ one.5 million nationwide. Velocity continues to offer the sector with streamlined programs and a widespread-perception approach targeting the underneath-served market in between banks and hard funds loan providers. Velocity is headquartered in Westlake Village, California and adds a new workplace in Malvern, PA. For much more info, you should visit: http://www.velocitycommercial.com

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