Article: San Diego & Los Angeles mortgage banking firms combine operations. (John Burnham and Co., Real Estate Capital Group)

SAN DIEGO & LOS ANGELES MORTGAGE BANKING FIRMS

COMBINE OPERATIONS

SAN DIEGO, April 9 /PRNewswire/ -- John Burnham and Company, a 99-year-old San Diego-based commercial real estate, real estate finance and insurance firm, has established a Los Angeles mortgage banking office this month following a just-completed merger agreement with Real Estate Capital Group (RECAP), a 3 1/2-year-old Los Angeles-based real estate finance organization.

According to Steve Chiles, Burnham senior vice president/real estate finance, RECAP principals David Tellum, David Federico and Charles Hill have been named vice presidents of Burnham and will ...

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