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Banking & Finance: Warren Medical Center Sold in Foreclosure for $3 Million | March 15, 2017

Warren Medical Center Sold in Foreclosure for $3 Million

WARREN, Ohio — The North Mar Medical Center, a six-building, 62,295-square-foot office park at 3843 E. Market St. here, was sold in foreclosure to the loan noteholder, a commercial mortgage securities trust, for $3 million. The sale price equates to about $48 per square foot. The transaction tops commercial real estate sales during the month […]

Banking & Finance: For Commercial Lenders, Building Relationships is a Must | March 10, 2017

For Commercial Lenders, Building Relationships is a Must

YOUNGSTOWN, Ohio – To be a successful commercial banker requires a temperament that encompasses excellent interpersonal skills and analytical skills that usually take anywhere from two to five years to learn after being hired. Even then, staying on top of the game entails refreshers and updates in changing regulations and technology. But some things haven’t […]

Banking & Finance: Regulators OK FNB Purchase of Yadkin Financial | February 27, 2017

Regulators OK FNB Purchase of Yadkin Financial

PITTSBURGH – The Federal Reserve System and the Office of Comptroller of the Currency have approved F.N.B. Corp.’s intent to acquire Yadkin Financial Corp., and integrate Yadkin Bank into First National Bank. Having secured shareholder approval, this last regulatory step allows the transaction to close March 13, Vincent J. Delie Jr., president and CEO of […]