Amresco CRE Unit Buys Vanguard

Published July 29, 1998, 1:00 p.m. EDT

1 Min Read

Amresco Inc.'s commercial mortgage banking unit, Holliday Fenoglio Fowler LP, has acquired Vanguard Mortgage Co., a commercial mortgage banking firm in Newark, N.J. The acquisition brings Holliday's servicing portfolio to more than 1,300 loans totaling about $7.7 billion, Amresco said."Our company has been acquainted with Tony Cuccia of Vanguard for many years, and we expect Tony to help further capitalize on and penetrate the Northeastern commercial real estate market," said Holliday CEO Richard Cole. Amresco's website address is http://www.amresco.com.

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