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Flagstar Bank Expands Commercial Real Estate Financing to 16 States.

TROY, Mich., Sept. 18 /PRNewswire-FirstCall/ -- Flagstar Bank announced it is expanding its commercial real estate lending operations beyond its traditional banking markets of Michigan, Indiana and Georgia to 16 new states, largely in the West, Midwest and South. The company will offer a full range of commercial real estate financing, including land development, construction, permanent end-financing and loan participations.

"Over the years, we've developed an expertise in commercial real estate lending in the states where we have a banking presence," said Peter Smith, head of Flagstar's commercial and consumer lending operations. "Now we want to bring that expertise to ...

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