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Article: Deutsche Bank Closes Acquisition of Berkshire Mortgage Finance Mortgage Origination and Servicing Assets.
- Article from:
- Business Wire
- Article date:
- October 22, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK & BOSTON -- Deutsche Bank and Berkshire Mortgage Finance Limited Partnership ("Berkshire Mortgage"), a subsidiary of the Boston-based Berkshire Group, today announced the closing of the acquisition by Deutsche Bank of substantially all of Berkshire Mortgage's origination and servicing assets. Financial terms were not disclosed.
Berkshire Mortgage's origination and servicing business will be operated under the name Deutsche Bank Berkshire Mortgage as a part of Deutsche Bank's Global Commercial Real Estate ("CRE") group. Deutsche Bank Berkshire Mortgage is a leading U.S. commercial mortgage banker which serves the multifamily industry by providing ...