SitusAMC Expands Service Business in Europe to Include Direct Debt
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LONDON, August 9, 2021 / PRNewswire / – SitusAMC, one of the largest and most highly rated independent commercial and special real estate service providers in Europe, announced the expansion of the company’s service activities into Europe to include direct corporate debt, infrastructure loans and social housing loans. SitusAMC currently serves 67 billion euros in commercial real estate loans with assets located in 18 countries across Europe for banks, insurance companies, funds and private equity firms. Alphonse Pagano has been hired as a Director, reporting to the Executive Director General of SitusAMC and Head of Europe, Lisa williams, and oversee the new business line.
In addition to the loan service, SitusAMC also provides loan asset management, loan counseling and appraisal services to its clients in Europe. With the expansion, SitusAMC will offer lending agency and loan administration services for business, infrastructure and social housing loans.
âMany of our European clients also offer business loans through direct lending platforms,â said Williams. âAs organizations look to streamline their operations with partners capable of providing more comprehensive support, we saw an opportunity to leverage our proven track record in commercial real estate debt to provide a more efficient and effective way to service a wider range of loans, including direct loans. debt.”
Pagano, who joined the firm on July 29, brings over 15 years of debt servicing experience, including leadership roles with leading global financial institutions such as BNP Paribas Securities Services, The Bank of New York Mellon and ABN AMRO. Most recently, Pagano worked as Commercial Director in the Capital Markets Services team at TMF Group. He holds an MA in International Economics and Currency Markets from Parthenope University in Italy.
âThis is a great opportunity to be a part of SitusAMC’s expanding service business into the business loan service. SitusAMC has a solid reputation in the market, a team of passionate experts and a client list that includes some of the region’s leading organizations, âsaid Pagano. “I look forward to leading SitusATM entry into this new service offering and delivering value to all of those we proudly serve.”
About SitusAMC
SitusAMC is the leading independent provider of technology solutions, strategic outsourcing, talent and consulting to the commercial and residential real estate finance industries. The company helps clients identify and seize opportunities in their real estate businesses through cutting-edge services and innovative technologies that drive operational efficiency, increase business efficiency and enhance market agility throughout the life cycle. lifecycle of their global real estate business. For more information visit www.situsamc.com.
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Andy garrett
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SOURCE SitusATM
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