Northland Networks, an affiliate of Minneapolis-based Northland Securities, is opening a loan production and investment banking office in Las Vegas on July 1, Northland Securities reports.Kenneth Merkey, who has been in the banking and finance industry for over 25 years, according to Northland Securities, will be manager of the new office. Northland originates, places, and manages loans for member banks through its loan placement network program. The network offers bank loan financing to commercial real estate borrowers for asset-based, hospitality, gaming, and Native American projects. Loans provided are in the $5 million to $50 million range. The investment banking services to be provided at the Las Vegas location include financial advisory, mergers and acquisitions, and project finance structuring.
CRE Lender Opens Vegas Office
Published June 28, 2004, 2:00 p.m. EDT
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