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Article: Midland Loan Services, Inc. Sells Last RTC Asset From $1.1 Billion Multiple Investor Fund Portfolio.
- Article from:
- PR Newswire
- Article date:
- April 7, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. 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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KANSAS CITY, Mo., Feb. 16 /PRNewswire/ --
Midland Loan Services, Inc., a wholly owned subsidiary of PNC Bank, National Association (NYSE: PNC), announced today that it sold the last commercial property from its Eastrich Multiple Investor Fund ("MIF"), one of only two "blind" pools of mortgages and real estate assets auctioned by the Resolution Trust Corporation ("RTC") in the early 1990s. The portfolio's last asset, Lynwood Town Centre, a Glendale, Calif., shopping center, sold for $6.5 million.
In 1992, the RTC awarded Midland and AEW Capital Management, a Boston- based pension fund advisor, the right to buy, manage and service the Eastrich MIF, ...
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Article: Midland Loan Services Goes Live on ...
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... ... Jan. 29 /PRNewswire/ -- Midland Loan Services, Inc. announced today that ... Overland Park, Kansas, Midland Loan Services, Inc. is a leading third ... donsky@edelman.com, for Midland Loan Services, Inc. Web site: http ...
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