SitusAMC Expands European Servicing Business to Include Direct Debt

Alfonso Pagano hired as director to lead the expansion to service non-CRE corporate debt SitusAMC, one of the largest independent, rated commercial real estate primary and special servicers in Europe, announced the expansion of the firm’s servicing business in Europe to include corporate direct debt, infrastructure and social housing loans. SitusAMC currently services 67 billion euros in commercial real estate loans with assets located in 18 countries through Europe for banks, insurance companies, funds, and private equity firms.  Alfonso Pagano has been hired as...

SitusAMC Acquires Technology Provider, Alan King and Company, Inc.

SitusAMC Holdings Corp. (“SitusAMC”), the leading provider of services and technology solutions to the real estate finance industry, has acquired technology provider, Alan King and Company, Inc. (“AKC”). AKC’s master servicing and loan accounting software solution, SBO 2000, will join SitusAMC’s growing technology portfolio, integrating with existing SitusAMC technologies to provide comprehensive support for participants across the real estate spectrum. AKC’s technology, SBO 2000, is a complete master servicing system, combining cashiering, data entry, accounting, and investor reporting...

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