“We are excited to bring on board an experienced, well managed team with a history of strong origination volume and credit quality to strategically expand EverBank’s asset generation capabilities and customer product offering,” added Blake Wilson, the Company’s President and Chief Operating Officer. “We expect the diversification benefits to our product offering, loan portfolio, asset generation and earnings from this transaction will be strong.”Alec Burger, President, GE Capital Real Estate, North America division said, “The sale of Business Property to EverBank is a strong strategic win and is consistent with our stated strategy to reduce the overall size of our real estate portfolio. We are excited by this new chapter for the Business Property team.”
EverBank Financial Corp To Acquire Business Property Lending, Inc. From GE Capital Real Estate
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