Executive chairman hails “exciting moment” for the firms and real estate industry
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The merger of Situs Group Holdings and American Mortgage Consultants has been completed.
The firms, which provide consulting, outsourcing, talent, and technology solutions for lenders and investors in the real estate industry, will rebrand as SitusAMC.
"This is an exciting moment for not only Situs and AMC, but for the broader real estate industry," stated Steve Powel, Executive Chairman, SitusAMC. "Our unique ability to support our clients across both their commercial and residential debt and equity activities will create new opportunities to advance their agendas and transform their business through industry-leading services and innovative technologies."
AMC has been providing consulting, due diligence, and technology solutions to clients including banks, investors, and non-bank originators and servicers, since 1996.
Situs was founded in 1985 and as well as its strong legacy working with institutional lenders and investors providing integrated solutions across the full life cycle of real estate debt & equity. It expanded into residential real estate through its recent acquisitions including MountainView Financial Solutions and The Collingwood Group.
"We are thrilled to have completed this merger and will begin focusing on driving value creation for our key stakeholders," stated Michael Franco, Co-CEO of SitusAMC. "With such a diverse and compelling set of capabilities, we encourage all market participants to explore what the new SitusAMC can do to help them realize opportunities in their real estate businesses."
